Cash Application Specialist

Cash Applications Specialist

Our established client, a privately held company in McKinney, TX, is seeking a highly organized and detail-oriented Cash Applications Specialist to join their team on a Direct Hire basis!

This critical role is responsible for the accurate and timely processing and reconciliation of all incoming customer payments, managing customer deductions, and maintaining precise financial records.

Key Responsibilities

Cash Application & Reconciliation

• Manage, process, and accurately apply high-volume daily deposits including Lockbox, ACH, wire transfers, and counter deposits, exceeding $200MM+ annually.
• Prepare and process payments in advance of large deposits to ensure daily cutoff deadlines are met.
• Execute cash applications proficiently using both CSV uploads and manual processing methods within the ERP system.
• Offset Credit and Debit memos as directed by management or Deduction & Resolution (D&R) Specialists to reconcile customer accounts.

Deduction Management & Documentation

Reporting, Communication, and Compliance

System & File Management

Required Skills & Qualifications

Preferred Qualifications

Compensation / Pay Rate (Up to) : $55,000.00 - $60,000.00