Job Information
Aston Carter Cash Application Specialist in Santa Clara, California
Description:
Cash Applications Specialist will be responsible for providing support to the AR/Collections team and managing the Cash Application function for the organization. This person is responsible for processing electronic and manual remittance transactions, posting complex payment and contractual adjustments to client accounts. This position is also responsible for reconciling cash transactions, third party remittances, and credit/debit card payments. The AR Clerk downloads posts and reconciles electronic remittance files and works with the billing and collections representatives to resolve posting problems. Has a strong knowledge of third party billing, contractual allowance and detailed knowledge and application of all client master terms and conditions as they relate to collections and payment terms.
Responsibilities:
High volume processing of credit card, wire, ACH, and lockbox transactions daily in USD and in foreign currencies also responsible for the setup of all new accounts in the electronic database
Process and accurately apply all incoming payments for all customer accounts from sources including live checks, credit cards, daily cash, electronic lockbox and wire transfers
Identify and communicate discrepancies in payments received with department Sr. AR Analyst
Prepare and charge all credit card clients on the scheduled designated cycle or as prescribed by payment plan
Download, review, reconcile and post all payments on a current and daily basis
Maintain and update all customer ACH information
Invoice all NSF rejects and ensure to communicate to collections department
Performs reconciliation of daily deposits to the cash postings
Researches unidentified payments for proper posting or return to the payer
Responsible for processing credit card payments
Calculates all contractual allowances to be posted in conjunction with the cash posting
Responsible for month end closing activity including report generation and distribution on automated accounting system
Responsible for producing the daily customer cash receipts reports
Research and resolve unapplied cash and gains approval from Accounting Manager monthly
Prepare detailed, accurate and organized, accounts receivable reconciliations for customer requests as well as internal requests.
Responsible for initiating unapplied payment and chargeback correspondence to customers.
Maintain the responsibility for unapplied payments and lockbox bookkeeping accounts in assigned areas.
Additional Skills & Qualifications:
1+ years of Cash Applications, accounting or Accounts Receivable experience
Bachelors degree in accounting, finance or business administration preferred
Excel- pivot tables, vlookups
ERP experience, Oracle Fusion experience a plus
About Aston Carter:
Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service.
Diversity, Equity & Inclusion
At Aston Carter, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:
Hiring diverse talent
Maintaining an inclusive environment through persistent self-reflection
Building a culture of care, engagement, and recognition with clear outcomes
Ensuring growth opportunities for our people
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com (%20astoncarteraccommodation@astoncarter.com) for other accommodation options.
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