Accounts Receivable Specialist (Cash Application)

GNCO, Inc; Independence Township (OH); On-site; USD 42,000 - 68,000; Full time

Job summary

GNCO, Inc. is seeking an Accounts Receivable Specialist (Cash Application) in Independence, OH to join our AR team. The role emphasizes accurately applying payments, reconciling receipts, and maintaining precise customer balances.

The ideal candidate has 2+ years of AR or cash application experience, strong Excel and accounting software skills, and excellent communication. High attention to detail and ability to work independently are essential.

Qualifications

• 2+ years of Accounts Receivable or Cash Application experience required.
• Strong attention to detail and accuracy in processing payments and reconciling accounts.
• Proficiency in accounting software and MS Office Suite (Excel, Word).

Responsibilities

• Receiving Payments: Process payments received through various methods including checks, electronic transfers, credit card payments, and cash.
• Identifying Payment Details: Review payment information such as remittance advice or payment reference numbers to accurately match payments with the correct customer and invoice.
• Applying Payments: Apply payments to the appropriate outstanding invoices or accounts to update customer balances and reflect accurate financial records in the accounting system.
• Reconciliation: Ensure that all payments are correctly recorded and reconcile them with bank statements and the company's accounting records.
• Resolving Discrepancies: Investigate and resolve any discrepancies, such as short payments or missing details, which may involve contacting customers or further investigation.

Skills

Accounting software

MS Excel

Organizational skills

Communication skills

Independent work

Problem-solving

Education

High School Diploma

Associate's Degree in Accounting/Finance

Tools

MS Office Suite

Job description

Position:Accounts Receivable Specialist (Cash Application)

Location: Independence, OH

Job Id:246

# of Openings:1

JOB SUMMARY:

We are seeking a detail-oriented and motivated Cash Application Specialist to join our Accounts Receivable team.

RESPONSIBILITIES:

• Receiving Payments: Process payments received through various methods including checks, electronic transfers, credit card payments, and cash.
• Identifying Payment Details: Review payment information such as remittance advice or payment reference numbers to accurately match payments with the correct customer and invoice.
• Applying Payments: Apply payments to the appropriate outstanding invoices or accounts to update customer balances and reflect accurate financial records in the
• accounting system.
• Reconciliation: Ensure that all payments are correctly recorded and reconcile them with bank statements and the company's accounting records.
• Resolving Discrepancies: Investigate and resolve any discrepancies, such as short payments or missing details, which may involve contacting customers or further investigation.

POSITION QUALIFICATIONS:

• Proven experience in an accounts receivable or cash application role, preferably in material handling industry or similar.
• Strong attention to detail and accuracy in processing payments and reconciling accounts.
• Proficiency in accounting software and MS Office Suite (Excel, Word).
• Excellent organizational and communication skills.
• Ability to work independently and manage multiple tasks effectively.
• Strong problem-solving skills and the ability to handle discrepancies with professionalism.

EDUCATION:

• High School Diploma or equivalent required; Associate's Degree in Accounting, Finance, or a related field preferred.

EXPERIENCE:

• 2+ years of Accounts Receivable or Cash Application experience required.

GNCO, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.