We are looking for an experienced Cash Application Specialist to join a well-known & reputable organization in Las Vegas, Nevada. This Long-term Contract position is ideal for someone who excels at applying customer payments accurately, investigating exceptions, and keeping cash activity current in a fast-moving, high-volume setting. The Cash Application Specialist will partner closely with accounts receivable and collections teams to support timely resolution of payment issues and maintain strong receivables accuracy during a period of operational growth. Candidates with large company experience, advanced Excel and prior shared services experience are encouraged to apply.
Responsibilities for the Cash Applications Specialist:
- Process customer payments received through electronic transfers, wires, lockbox activity, and other accepted channels, ensuring accurate and timely application to customer accounts.
- Review remittance details and align incoming funds with outstanding invoices to maintain clean and current account balances.
- Investigate unapplied cash and unidentified receipts by tracing payment information and coordinating follow-up to clear open items.
- Resolve short payments, deductions, chargebacks, and missing remittance issues through detailed research and documentation.
- Collaborate with accounts receivable and collections partners to address exceptions, reconcile discrepancies, and support account resolution.
- Maintain organized records of payment research, adjustments, and outcomes to support audit readiness and team visibility.
- Contribute to month-end activities by preparing cash-related reconciliations and ensuring receivables postings are complete.
- Help sustain service levels and processing deadlines while supporting cash application activities during expansion of shared services operations.
- At least 2 years of experience in cash application or closely related accounts receivable work.
- Solid understanding of accounts receivable processes, including payment posting, reconciliation, and exception handling.
- Proven ability to manage high transaction volumes with strong accuracy and attention to detail.
- Experience researching and resolving payment discrepancies, deductions, and unapplied cash.
- Strong analytical and problem-solving skills with the ability to identify root causes and recommend corrections.
- Proficiency with Excel at an intermediate to advanced level for tracking, analysis, and reconciliation tasks.
- Experience working with D365 or comparable financial systems used for cash management and receivables processing.
