Cash Application Specialist

A Cash Application Specialist is responsible for accurately applying incoming payments to customer accounts, reconciling discrepancies, and ensuring timely and efficient cash flow. They work closely with accounts receivable, collections, and customer service teams to resolve payment issues and maintain accurate financial records.

Cash Application Specialist will report to the Cash Application Lead in Vaughan, ON. This is a hybrid position.

Responsibilities:

• Process and post incoming payments to customers‘ accounts accurately and timely
• Communicate effectively with customers to resolve open payments on account
• Collaborate with internal and external customers to resolve deductions and customer inquiries
• Monitor payment schedules and ensure timely posting to meet deadlines
• Ensure compliance with company policies and internal controls
• Provide necessary supporting documentation during audits
• Other duties as assigned

Requirements:

• Proficiency in SAP and Microsoft Office a plus
• Bachelor’s degree in Accounting, Finance, or a related field a plus
• Proven experience in cash applications and accounts receivable
• Strong communication skills
• Able to work independently and manage multiple tasks