Cash Applications Supervisor

Job Summary:

The Cash Application Supervisor will implement policies and control procedures in the handling, processing, and deposit of cash receipts. Oversee the daily overall function of the Cash Application team in a manner that will reduce the time it takes for reported payment deposits to be applied to customer accounts/invoices and reduce unidentified/unapplied payments. This role is also responsible for managing a team of Cash Application Specialists.

Primary Responsibilities:

• Lead a team of Cash Application Specialists
• Ensure accurate application of customer payments and exception handling by the Cash Application Team
• Daily l application of cash receipts to customer accounts in A/R subledger via file feeds or reporting from the bank
• Serve as backup to reconcile and apply credit card payments from customers based on merchant service reporting
• Serve as backup to process checks received through remote desktop deposits
• Perform month-end closing procedures associated with cash receipts, including preparation of the monthly cash receipts reconciliation
• Assist Credit Managers with investigating account discrepancies and managing unapplied cash receipts for timely resolution
• Maintain relationships with the Credit Department and banks to resolve cash application issues
• Assist with special projects, bank audits, and questions from other corporate departments related to cash receipts
• Partner with Credit leadership team and IT to improve system functionality or to fix system-related issues

Minimum Qualifications:

5 years of work experience in cash application

Preferred Qualifications:

• Associate degree in Finance or Accounting
• Proven experience in successfully leading a cash applications team
• Proven ability to perform well under pressure and in a high-volume and changing environment
• Proven ability to excel in a team environment