Cash Application Specialist

Job Description

Title : Cash Application Specialist

Location : Bloomington, MN | fully onsite

Job Type : Contract-to-Hire

Compensation : $24.00 - $28.00 per hour (W2)

Industry : Financial Services & Payment Processing

About the Role

We are recruiting on behalf of a well-established organization in the financial services sector that specializes in account resolution and client remittance. This position offers the opportunity to work in a dynamic, detail-oriented environment where accuracy and timeliness are key. The Cash Application Specialist will play a critical role in ensuring the integrity of payment processing and client billing operations.

This is an independent contributor role that supports a collaborative team. Ideal candidates will have prior experience in banking, accounts receivable, or cash applications, and enjoy working with numbers, systems, and processes. Job Description

As a Cash Application Specialist, you will be a shared resource across the Payment Processing and Remittance teams. You'll be responsible for posting payments, balancing batches, transferring funds, and preparing client remittance statements. You'll also support reporting, reconciliation, and assist with training and process improvements.

Key Responsibilities :

• Post payments (checks, credit cards, ACH) and balance batches daily
• Deposit checks and initiate fund transfers to client accounts
• Resolve payment issues (e.g., postdated checks, closed accounts)
• Compile and distribute daily collection reports
• Issue checks for client deposits and refunds
• Prepare and send client remittance statements and documentation
• Verify fund availability and remit via check, wire, or ACH
• Import fees to create daily A / R entries in accounting software
• Support scanning and documentation processes
• Assist in training new team members
• Recommend process improvements to enhance productivity
• Ensure compliance with internal controls and privacy policies

Qualifications

Required Qualifications :

Preferred Qualifications :

Benefits

Dahl Consulting is proud to offer a comprehensive benefits package to eligible employees that will allow you to choose the best coverage to meet your family's needs. For details, please review the DAHL Benefits Summary : How to Apply

Take the first step on your new career path!To submit yourself for consideration for this role, simply click the apply button and complete our mobile-friendly online application. Once we've reviewed your application details, a recruiter will reach out to you with next steps! For questions or more information about this role, please call our office at (651) 772-9225. Equal Opportunity Statement

As an equal opportunity employer, Dahl Consulting welcomes candidates of all backgrounds and experiences to apply. If this position sounds like the right opportunity for you, we encourage you to take the next step and connect with us. We look forward to meeting you!

#AF.Indeed

Dahl Consulting is proud to offer a comprehensive benefits package to eligible contract employees that will allow you to choose the best coverage to meet your family's needs. For details, please review our Benefits Summary : www.dahlconsulting.com / benefits-w2fta.

Dahl Consulting is an Equal Opportunity Employer and does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other applicable legally protected characteristics.

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