Assistant Cash Applications Manager

Soni; Stoughton (MA); On-site; USD 39,000 - 43,000; Full time

Job summary

Soni is seeking an Assistant Cash Application Manager in Massachusetts to oversee daily cash application operations and support the team. You will ensure accurate application of customer payments and collaborate with Accounts Receivable, Billing, Treasury, and Credit & Collections to resolve issues.

You will also participate in month-end close, improve processes, and back up the Cash Application Manager as needed. Strong Excel and ERP skills required, with 4+ years of accounting experience.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or related field.
• 4+ years of cash application, accounts receivable, or accounting experience.
• Prior supervisory or team lead experience preferred.
• Strong knowledge of cash application, reconciliations, and accounts receivable processes.

Responsibilities

• Oversee daily cash application activities and staff.
• Ensure accurate application of customer payments (ACH, wires, checks, cards).
• Research and resolve unapplied cash, discrepancies, and reconciliation issues.
• Perform bank, cash, and AR reconciliations.
• Partner with internal teams and customers on payment concerns.
• Assist with month-end close, reporting, internal controls, and process improvements.
• Support system enhancements and backup to Cash Application Manager.

Skills

Analytical skills

Communication

Team leadership

Education

Bachelor’s degree in Accounting, Finance, Business, or related field

Tools

Excel

ERP/accounting systems

Job description

The Assistant Cash Application Manager supports daily cash application operations, ensuring customer payments are accurately applied and reconciled. This role partners with Accounts Receivable, Billing, Treasury, Credit & Collections, and customers to resolve payment issues, improve processes, and support team performance.

Key Responsibilities

• Oversee daily cash application activities and support cash application staff.
• Ensure accurate application of customer payments, including ACH, wires, checks, and credit cards.
• Research and resolve unapplied cash, payment discrepancies, and reconciliation issues.
• Perform bank, cash, and accounts receivable reconciliations.
• Partner with internal teams and customers to resolve payment-related concerns.
• Assist with month-end close, reporting, internal controls, and process improvements.
• Support system enhancements and serve as backup to the Cash Application Manager.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or related field preferred.
• 4+ years of cash application, accounts receivable, or accounting experience.
• Prior supervisory or team lead experience preferred.
• Strong knowledge of cash application, reconciliations, and accounts receivable processes.
• Proficiency with Excel and ERP/accounting systems.
• Strong analytical, organizational, and communication skills.

Preferred Experience

• High-volume cash application environments
• ERP systems such as SAP, Oracle, NetSuite, or Microsoft Dynamics
• ACH, wire transfers, lockbox processing, and electronic payments
• Cash application automation and process improvement initiatives

Compensation: $28-31/hr

Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.