Cash Receipts Specialist

We are looking for a detail-oriented Cash Receipts Specialist to support an organization in Baltimore, Maryland. This Long-term Contract position focuses on accurately applying client payments, managing daily receipt activity, and helping maintain reliable financial records. The ideal candidate brings hands-on experience in cash application, check processing, and account reconciliation, along with the ability to respond effectively to payment-related inquiries from internal teams.

Responsibilities:

• Record client check payments in the accounting system and ensure funds are applied to the appropriate balances, including fee payments and retainers.
• Enter receipts related to escrow activity and other non-client cash items into the correct general ledger accounts.
• Prepare daily bank deposits, capture check images, and transmit deposit information in accordance with established procedures.
• Investigate unmatched or unclear receipts, resolve discrepancies, and ensure unidentified payments are properly researched.
• Adjust payment allocations and clear unapplied credits when account activity requires correction or redistribution.
• Provide coverage for related cash receipts duties during team absences and assist with additional finance projects as needed.
• 3+ years of experience in cash application, accounts receivable, or payment posting.
• Working knowledge of check processing, bank deposits, escrow-related receipts, and account reconciliation.
• Strong attention to detail with the ability to organize high-volume transactional work accurately.
• Solid analytical and mathematical skills with the ability to investigate and resolve payment issues.
• Proficiency in Microsoft Excel for tracking, reviewing, and managing financial data.