Accounting Professional - Cash Application

Job Description

Job Description

JOB SUMMARY

The Administrator, Cash Applications is responsible for ensuring timely and accurate posting of incoming cash, including Lockbox, ACH, Wires, and other Electronic Data Interface (EDI) payments. This role conducts research and analysis on complex accounts, supports Accounts Receivable (AR) Collectors in resolving misapplied cash, and maintains proper records of all posting and reconciliation activities.

KEY RESPONSIBILITIES

• Run the daily lockbox program, ensuring all cash is accurately posted to the correct accounts / companies.
• Review, analyze, and process lockbox and wire transfer data, including international transactions.
• Communicate daily with the bank to resolve discrepancies and differences.
• Maintain records of unresolved posting issues and follow up as needed.
• Assist in reconciling cash, clearing write-offs, and supporting audit activities and special projects.
• Collaborate with the Deductions Analyst to correctly identify customer deductions.
• Handle lockbox correspondence, shared mailbox, and other ad-hoc duties as assigned.
• Ensure compliance with company policies and promptly report non-compliance issues.
• Build quality into all aspects of work through attention to detail and accuracy.

REQUIRED QUALIFICATIONS

Company Description

Compunnel Inc., established in 1994; is a leading provider of Staffing, IT / Software, e-Learning / Training, Business Intelligence, and Cloud Solutions. A leader in contingent and permanent workforce solutions, we also provide temp-to-hire staffing, project-based / SOW staffing, and payroll services to our esteemed clientele which includes Fortune 500 companies of diverse industry segments. Ranked as one of the largest staffing firms in the US which is our primary service market; we also have a significant presence in Europe and Asia. As a national service provider in the US, we are serving our customers all major states and regions; thereby generating numerous job opportunities for prospective employees in their preferred locations of choice.

We have witnessed multi-fold YOY growth, and continuously adding a large pool of talented resources to our employee base every year. Our extensive experience in hiring professionals of multiple in-demand skill sets (IT, Engineering, Healthcare, Admin-Clerical, Finance, Professional, Light Industrial, etc.) further makes Compunnel a wider and preferred platform for people to pursue their careers in the US. We welcome people from all walks of life and cultures, and we support workforce diversity by providing equal employment opportunities to people without any discrimination based on race, color, gender, religion, national / ethnic region, disability, or any other basis.

Company Description

Compunnel Inc., established in 1994; is a leading provider of Staffing, IT / Software, e-Learning / Training, Business Intelligence, and Cloud Solutions. A leader in contingent and permanent workforce solutions, we also provide temp-to-hire staffing, project-based / SOW staffing, and payroll services to our esteemed clientele which includes Fortune 500 companies of diverse industry segments. Ranked as one of the largest staffing firms in the US which is our primary service market; we also have a significant presence in Europe and Asia. As a national service provider in the US, we are serving our customers all major states and regions; thereby generating numerous job opportunities for prospective employees in their preferred locations of choice.\r\n\r\nWe have witnessed multi-fold YOY growth, and continuously adding a large pool of talented resources to our employee base every year. Our extensive experience in hiring professionals of multiple in-demand skill sets (IT, Engineering, Healthcare, Admin-Clerical, Finance, Professional, Light Industrial, etc.) further makes Compunnel a wider and preferred platform for people to pursue their careers in the US. We welcome people from all walks of life and cultures, and we support workforce diversity by providing equal employment opportunities to people without any discrimination based on race, color, gender, religion, national / ethnic region, disability, or any other basis.