Cash Applications Specialist

Boise, Idaho
Accounting & Auditing (Business and Financial Operations Occupations)
Job Type
Temp to Perm
Working Hours
8:00 AM - 5:00 PM
US$ 14.00 - US$ 15.00 per hour
Ref. Number
Hoffman, Briana, Spherion
Apply Now

Job Description


As a Cash Applications Specialist you will play a key role to the department 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 also 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 inter-company transfers.
-Navigate and utilize the Intranet Portal to send and/or receive inter-company 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

-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


1-4 years

-BS/BA in Finance, Accounting or Business Administration, or equivalent experience
-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
Experience Preferred
-Consumer Products experience preferred


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.

Apply Now