Cash Applications Assistant - Rapid Progression

LHH is collaborating with a prominent construction company in search of a proficient Cash Application Specialist for a contract-to-hire opportunity. This hybrid role offers the flexibility of remote work and is looking for someone with at least two years of cash posting experience.

Responsibilities:

• Accurately and promptly post daily lockbox, EFT/ACH, and manual remittance deposits to corresponding customer accounts and invoices, ensuring batch reconciliation.

• Conduct thorough research, verification, and documentation of previously paid invoices and open credit balances.

• Enter and maintain status codes for invoice, credit memo, and payment discrepancies identified during remittance application.

• Ensure daily transaction information aligns with AR upload data, bank records, and GL postings.

• Engage with internal and external stakeholders to resolve outstanding items efficiently.

• Document outcomes of interactions, monitor, and follow up on internal and external customer queries.

• Promptly identify and communicate bank, system, and transmission issues.

• Investigate, compile supporting documents, and communicate on aged open payments and credits for AR and Branch accounts to comply with unclaimed property regulations.

• Process transfers, adjustments, offsets, and write-offs with proper documentation and authorization.

• Manage customer refunds and return checks processing.

• Collaborate on resolving disputes pertaining to AR and Branch accounts.

• Work closely with the team to achieve set objectives.

• Support monthly statement cut-offs and financial close processes to ensure all tasks are completed accurately and on time.

• Escalate unresolved issues promptly.

• Provide timely reports on the status of assigned accounts.

• Stay updated with job-related knowledge by participating in educational opportunities.

• Undertake additional duties as requested or required.

If you meet the qualifications and are eager to contribute to a dynamic team environment, please submit your application along with a resume highlighting your relevant experience. We look forward to reviewing your application!

Pay Details: $20.00 to $21.00 per hour

Search managed by: Blanca Gomez

Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable.

Equal Opportunity Employer/Veterans/Disabled

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The Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.