Cash Application Specialist

Boise, Idaho
Accounting & Auditing (Business and Financial Operations Occupations)
Job Type
Temp to Perm
Working Hours
8:00 AM - 5:00 PM (Various Shifts Available)
US$ 15.00 - US$ 16.00 per hour
Ref. Number
Hoffman, Briana, Spherion
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Job Description

Monday-Friday 8AM-5PM $15-$16 per hour

As a Cash Application Specialist you will play a key role for Invoice to Cash (ITC) by ensuring timely and accurate application of payments received from our customers and daily reconciliation of our bank statements and General Ledger accounts.You will be responsible for processing both internal and external customer payments.

-Work high volume payment applications (for numerous lock boxes).
-Create residuals (deductions) for credits taken by customers on a payment.
-Ensure that payment batches for the business units match with bank reports on a daily basis.
-Enlist the efforts of Invoice to Cash Department (Accounts Receivable) to obtain remittances from a customer/s that are not included with the customer?s payment/s.
-Process manual credit card transactions as needed for open invoices and customer prepayments.
-Process both paper check (lock box) payments and Electronic Funds Transfer payments for customers on a daily basis, in addition to intercompany transfers.
-Navigate and utilize the Intranet Portal to send and/or receive intercompany transfers.
-Assist Accounts Receivable Specialists with customer inquiries and research as requested.
-Ensure that all customer payments are entered and cash application is completed to support month end close.
-Access bank websites on a daily basis to complete the cash application process.
-Pull check copies and EFT payments each day, image the checks/EFT payment confirmation and save on our shared drive (along with the corresponding remittances) as payments are applied.
-Interact with customers on a regular basis as it pertains to our credit card payment processes.
-Work with auditors (both internal and external) to pull audit requests as needed to provide requested information. Assist with SOX Narratives as needed to ensure that they are accurate and up to date.
-Perform other ad hoc tasks to support the ITC Department (Invoice to Cash).
-Interact with bank contacts to resolve open issues.

Working hours: 8:00 AM - 5:00 PM (Various Shifts Available)

-Experience working with enterprise systems such as SAP, Oracle, etc.
-Understanding of internal controls including SOX requirements for ITC
-Ability to partner with management and provide input into process improvement as well as effective execution and change management within the team
-Works well in an environment with firm deadlines; results oriented
-Ability to work in a heavily metric driven organization
-Strong customer service and communication skills
-Strong written, verbal, interpersonal and analytical skills
-Strong attention to detail, goal oriented
-Possess process improvement mindset with a desire to consistently look for ways to improve efficiency and service and reduce operating costs.
-Proficient in Microsoft Word and Excel
-Perform multiple tasks effectively
-Able to work both independently and as part of a team
-Other - candidate should have the highest integrity and character and possess finance experience and business sense.

High School

1-4 years

-BS/BA in Finance, Accounting or Business Administration, or equivalent experience
-3-5 years high volume corporate cash application experience
-Consumer Products experience preferred
-Knowledgeable with SAP strongly preferred
-Looking for someone who is self-motivated, a self-starter and is reliable on a day to day basis


Spherion has helped thousands of people just like you find work happiness! Our experienced staff will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temp-to-perm or direct hire opportunities, no one works harder for you than Spherion. EEO Employer: Race, Religion, Color, National Origin, Citizenship, Sex, Sexual Orientation, Gender Identity, Age, Disability, Ancestry, Veteran Status, Genetic Information, Service in the Uniformed Services or any other classification protected by law.

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