AR Specialist: Cash Applications & Reconciliation

Holman Enterprises; United States; On-site; USD 46,000 - 60,000; Full time

Benefits offered by this job

Health Insurance

Vision Insurance

Dental Insurance

Life and Disability Insurance

401(k) plan with Company Match

Paid Time Off (PTO)

Job summary

Holman Enterprises is seeking an experienced Accounting professional to support Accounts Receivable, Cash Application, and related processes. You will analyze payments, apply remittances, and ensure accurate posting to G/L accounts using SAP and MS Office tools.

The role requires 2–4 years in accounting, a Bachelor’s degree or equivalent, and the ability to navigate banking websites and payment systems. We offer a comprehensive benefits package and a competitive hourly wage.

Qualifications

• Bachelor’s degree in Accounting or Finance is preferred.
• Additional education, certifications, or other distinctions are a plus.
• Proficient in various desktop tools including MS Office Programs (i.e. Outlook, Excel, Word, PowerPoint, SharePoint etc.) Nitro PDF Pro, Adobe Acrobat.
• Experience using SAP is preferred but not required.
• 2-4 years’ experience Accounting, Accounts Receivable, Cash Application, Accounts Payable, experience Reviewing and improving processes, methods, and tools to increase efficiency, accuracy, and structure.
• Knowledge of Accounting System Software, preferably SAP.
• Must be able to navigate banking websites.
• Must have an understanding of accounting principles.
• Breadth and depth of expertise in a technical or functional area; knowledge of work processes and tools is generally limited to own area of responsibility or department #LI-CD1 INDMISC.

Responsibilities

• Communicates effectively with Leadership, Collection team, and other Internal Departments.
• Applies ACH, wire and check payments received to appropriate Trade accounts, VR Sales, DPO obligations and Manufacturer obligations.
• Volume = 300 to 600 payments daily among the group.
• Look for remittances for unidentified Trade funds by searching in bank reports, Outlook, Excel listings, Internal Billing Reports and Daily Aging reports.
• Ensure Short-payments and Over-payments are correct by confirming invoice #’s and Client codes on remittance information supplied by client and bank.
• Investigate invoices in imaging system (OnBase) or internal vehicle listing system (Insights) to search for vehicles being short paid on rental invoices Communicate payment discrepancies with Client Collector to get proper remittance information.
• Clear approved cash credits from the A/R system and create Journal Entries to allocate funds to proper G/L accounts.
• Create Journal Uploads in Infinium for high volume cash allocations to G/L accounts.
• Reviews VR cash received for IRS 8300 reporting purposes.
• Track DPO payments, reimbursements and obligations by Credit Card # and order # on Excel spreadsheet.
• Research unidentified refunds from dealerships, taxing authorities and vendors.
• Communicates with internal departments to apply to correct G/L accounts.
• Uses Vehicle Inquiry to research VINS Research VR aged obligations and follow up with internal department.
• Investigate and supply documentation for proof of payment for VR sales during annual conduit audit.
• Respond to 20-40 email requests per day asking for payment confirmation or verifying where to apply funds.
• Respond to questions from Internal Departments where appropriate.
• Perform all other duties and special projects as assigned.

Skills

Communication skills

Accounting principles

Process improvement

Financial analysis

Education

Bachelor’s degree in Accounting or Finance

Tools

SAP

MS Office (Outlook, Excel, Word)

SharePoint

Job description

Holman Enterprises is seeking an experienced Accounting professional to support Accounts Receivable, Cash Application, and related processes. You will analyze payments, apply remittances, and ensure accurate posting to G/L accounts using SAP and MS Office tools.

The role requires 2–4 years in accounting, a Bachelor’s degree or equivalent, and the ability to navigate banking websites and payment systems. We offer a comprehensive benefits package and a competitive hourly wage.