Cash Applications Specialist

ASSA ABLOY Global Solutions; Vaughan; On-site; CAD 50,000 - 55,000; Full time

Benefits offered by this job

Employer-paid benefits plan

Job summary

ASSA ABLOY Door Security Solutions Canada based in Vaughan, Ontario seeks a Cash Applications Specialist to accurately apply customer payments to accounts receivable and support cash flow management. You will work with Credit, Collections, and Accounting teams to resolve discrepancies and ensure clean ledgers.

The role requires post-secondary accounting/finance education and at least two years in cash applications or AR, with strong attention to detail and Excel proficiency.

Qualifications

• Post-secondary education in Accounting, Finance, or Business Administration.
• Minimum of two (2) years of experience in cash applications or accounts receivable.
• Strong attention to detail with a high level of accuracy.
• Excellent organizational and time-management skills.
• Strong communication and collaboration abilities.
• Ability to manage competing priorities in a deadline-driven environment.
• Experience with JD Edwards is considered an asset.
• Proficiency in Microsoft Office applications, with strong Excel skills.

Responsibilities

• Apply customer payments (EFT, ACH, wire, cheque, lockbox) accurately and timely to customer accounts.
• Research and resolve unapplied cash, short pays, overpayments, and deductions.
• Match remittances to invoices using customer portals, bank data, and remittance advice.
• Process credit card payments and portal-based collections where applicable.
• Liaise with Credit & Collections team to resolve payment discrepancies and disputes.
• Maintain accurate AR records in the ERP system.
• Reconcile daily cash receipts to bank statements and general ledger.
• Support month-end close activities, including AR reconciliations.
• Respond to internal and external inquiries related to customer payments.
• Assist with process improvements to enhance cash application efficiency and accuracy.
• Support audit requests and internal controls related to cash receipts.

Skills

Attention to detail

Organizational skills

Time management

Communication & collaboration

Prioritization under deadlines

Excel skills

Education

Post-secondary education in Accounting/Finance/Business Admin

Tools

JD Edwards

Excel

Microsoft Office

Job description

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Company: ASSA ABLOY Door Security Solutions Canada

Reports to: Credit Manager

Location: Vaughan, Ontario Canada

ASSA ABLOY Door Security Solutions provides end-users—including healthcare facilities, schools, universities, military installations, and commercial buildings—with industry-leading security and life-safety solutions. We also offer essential support services such as LEED consultation, code compliance, access control system integration, product research and selection, specification writing, and technical support to ensure well-functioning doorway systems within the commercial building industry.

This is accomplished by combining the strengths of world-class door and hardware brands under the ASSA ABLOY Group.

We are seeking a Cash Applications Specialist to be based in our Vaughan, Ontario location.

Job Summary

The Cash Applications Specialist is responsible for the accurate and timely application of customer payments to accounts receivable, ensuring clean customer ledgers and supporting effective credit and collections processes. This role plays a critical part in cash flow management, dispute resolution, and month-end close activities, working closely with Credit, Collections, and Accounting teams.

Key Responsibilities

• Apply customer payments (EFT, ACH, wire, cheque, lockbox) accurately and timely to customer accounts.


• Research and resolve unapplied cash, short pays, overpayments, and deductions.


• Match remittances to invoices using customer portals, bank data, and remittance advice.


• Process credit card payments and portal-based collections where applicable.


• Liaise with Credit & Collections team to resolve payment discrepancies and disputes.


• Maintain accurate AR records in the ERP system.


• Reconcile daily cash receipts to bank statements and general ledger.


• Support month-end close activities, including AR reconciliations.


• Respond to internal and external inquiries related to customer payments.


• Assist with process improvements to enhance cash application efficiency and accuracy.


• Support audit requests and internal controls related to cash receipts.


• Perform other related responsibilities.

Education and Experience

• Post-secondary education in Accounting, Finance, or Business Administration.


• Minimum of two (2) years of experience in cash applications or accounts receivable.


• Strong attention to detail with a high level of accuracy.


• Excellent organizational and time-management skills.


• Strong communication and collaboration abilities.


• Ability to manage competing priorities in a deadline-driven environment.


• Customer-focused mindset with a strong sense of accountability.


• Experience with JD Edwards is considered an asset.


• Proficiency in Microsoft Office applications, with strong Excel skills.


• Employer-paid benefits plan


• Ongoing training and professional development


• Supportive and collaborative team environment


• Opportunities in a stable and growing industry

The estimated expected salary range for this role is $50,000 - $55,000 per annum.

ASSA ABLOY welcomes and encourages applications from people with disabilities. Accommodation is available on request for candidates taking part in all aspects of the selection process.

We are the ASSA ABLOY Group

Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 63,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces – physical and virtual – safer, more secure, and easier to access.

As an employer, we value results – not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions – supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.

As we welcome new people on board, it’s important to us to have diverse, inclusive teams, and we value different perspectives and experiences.