Cash Applications Specialist

posted:
Location
Boise, Idaho
Industry
Accounting & Auditing
Job Type
Temp to Perm
Salary
US$ 13.00 - US$ 15.00 per hour, $13 - 15 per hour + none
Ref. Number
S_17823
Contact
Jones, Catherine, Spherion
Phone
208-514-2044
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Job Description

Spherion is looking for an individual who is able to work both independently and as part of a team, someone who is self-motivated, a self-starter and is reliable on a day to day basis and the
candidate should have the highest integrity and character and possess finance experience and business sense. This position Is M-F, starting from 5am-6pm (depends on the shift), and the pay is $13-$15.00.

- 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 both paper check (lock box) payments and Electronic Funds Transfer payments for customers on a daily basis, in addition to intercompany transfers.
- Ensure that all customer payments are entered and cash application is completed to support month end close.
- 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.
- Interact with bank contacts to resolve open issues.

This position plays 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.

This Position is responsible for processing both internal and external customer payments.

Working hours: M-F

Skills:
Some of the Qualifiications are going to be
-3-5 years high volume corporate cash application experience
-Experience working with enterprise systems such as SAP, Oracle, etc.
-Understanding of internal controls including SOX requirements for ITC
-Knowledgeable with SAP strongly preferred
-Other Critical Success Factors:
-Ability to partner with Central Service Center 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

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, Age, Disability, Ancestry, Veteran Status, Genetic Information, Service in the Uniformed Services or any other classification protected by law.

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