Cash Application Specialist

Compass Group North America; Mississauga; On-site; CAD 45,000 - 60,000; Full time

Job summary

A global foodservice company in Mississauga is seeking a Cash Application Specialist to manage customer payment applications, reconciliations, and financial reporting. Candidates should have a diploma in accounting and at least two years of experience in a computerized accounting environment. Strong analytical and communication skills are essential for this role, along with proficiency in Microsoft Office. Join us to nurture a diverse and inclusive workforce.

Qualifications

• Minimum two years of experience in a computerized accounting environment.
• Solid understanding of accounting principles.
• Excellent interpersonal skills.

Responsibilities

• Apply customer payments to appropriate accounts.
• Reconcile customer accounts and resolve discrepancies.
• Generate daily, weekly, and monthly reports.

Skills

Computerized accounting experience

Proficient in Microsoft Office

Verbal and written communication

Analytical skills

Education

Diploma in Accounting or equivalent

Tools

JD Edwards

Job description

Overview

You might not know our name, but you know where we are. That’s because Compass Group Canada is part of a global foodservice and support services company that’s the 6th largest employer in the world, with 625,000 employees.

You’ll find us in schools, colleges, hospitals, office buildings, senior living communities, tourist attractions, sports venues, remote camps and military installations and more. We’re in all major cities, at remote work sites and everywhere in between – doing business in Canada and 50+ other countries where you can learn and grow. Join us now and point your career forward!

Job Summary

Now, if you were to come on board as our Cash Application Specialist, we’d ask you to do the following for us:

• Apply customer payments (checks, ACH, and credit cards) to appropriate accounts and invoices.
• Reconcile customer accounts and resolve payment discrepancies or unapplied payments.
• Research and resolve short payments, overpayments, and unidentified remittances.
• Prepare and post journal entries for daily transactions, and accruals for month end purposes.
• Maintain and update customer records related to cash receipts.
• Collaborate with collections and billing teams to ensure accurate application of funds.
• Communicate with customers, banks, and internal departments regarding payment issues.
• Process adjustments, write-offs, and credits/debits as required.
• Generate daily, weekly, and monthly cash application reports.
• Support month-end and year-end closing activities.
• Ensure compliance with internal controls and company policies.

Qualifications

• Minimum two years of experience with a computerized accounting environment (JD Edwards experience preferred) in a complex fast paced organization.
• Diploma in Accounting or equivalent with a solid understanding of accounting principles.
• Proficient in Microsoft Office applications.
• Excellent verbal and written communication and interpersonal skills.
• Solid analytical, interpretive and problem-solving skills.

Compass Group Canada is committed to nurturing a diverse workforce representative of the communities within which we operate. We encourage and are pleased to consider all qualified candidates, without regard to race, colour, citizenship, religion, sex, marital / family status, sexual orientation, gender identity, aboriginal status, age, disability or persons who may require an accommodation, to apply.

For accommodation requests during the hiring process, please contact [e-mail] for further information.