Collections & Cash Application Specialist

Collections / Cash Application Specialist

The Collections / Cash Application Specialist is primarily responsible for collections on all outstanding invoices, assisting in various report generation and analysis, recording all relevant collection communications, and performing cash application of all customer payments to the appropriate account. This position serves as one of the primary faces of the company to our customers and as such should have clear and concise verbal and especially written communication skills.

Primary Position Tasks :

• Contact each commercial and government account with an open receivable according to the collections guidelines to record the estimated payment date.
• Identify any barriers to collection as provided by the customer and work with the billing team as needed to make any invoice corrections and / or resubmissions.
• Document all correspondence with the customer in the appropriate database and / or spreadsheet.
• Promptly and accurately record cash receipt transactions, and update collection comments / notes accordingly. Prepare data for reporting to upper management as requested.
• Perform complex account reconciliations involving short pays, credits, and previous misapplications with an end goal of cleaning up all aged accounts and maintaining a clean ledger for each.
• Other business duties as assigned.

Minimum Education / Certification / Experience Requirements :

Preferred Education / Certification / Experience :

Knowledge, Skills, and Abilities :

Essential Elements (Mental; Physical; Equipment used) :

Basic Qualifications :

Red River offers a competitive salary, excellent benefits and an exceptional work environment. You can review our benefit offerings here. If you are ready to join a growing company, please submit your resume and cover letter (optional).

Red River is an equal opportunity employer. All qualified applicants will receive consideration for employment. Discrimination or harassment based upon any protected characteristics as defined by state or federal law is wholly inconsistent with our company values and will not be tolerated.

In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans Readjustment Act of 1974, and Title I of the American's with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact accommodation@redriver.com. PLEASE NOTE : This contact channel is reserved for use by individuals with disabilities who require special accommodations in order to submit an expression of interest in a position within Red River.

Red River does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job postings or otherwise. Placement fees will not be paid to any recruiter unless Red River has an active agreement in place with the recruiter and such a request has been made by the Red River Talent Acquisition team and such candidate was submitted to the Red River Talent Acquisition Team via our Applicant Tracking System. Any unsolicited resumes or other data submitted to Red River in violation of this policy may be used by Red River without obligation to pay any fees of any kind to the recruiter.