Cash Application Manager

Martin Marietta Materials, Inc.; Raleigh (NC); Hybrid; USD 100,000 - 150,000; Full time

Benefits offered by this job

Medical

Pension

401(k) with Company matching

Paid Holidays and Vacation

Educational/Tuition Assistance Plan

Employee Life Insurance

Job summary

Martin Marietta Materials, Inc. is seeking a Manager, Cash Application to lead end-to-end cash application operations, ensuring accurate and timely payment application and maintaining strong internal controls.

You will manage a team of cash application professionals, partner across Finance, Sales, and Information Services to drive automation, develop KPIs, and improve working capital performance. You will develop executive reporting, coach talent, and foster a culture of continuous improvement,

Qualifications

• Bachelor’s degree in Accounting, Finance or related field.
• 7+ years of progressive AR or Cash Application experience.
• Minimum 2 years of experience managing, coaching, and developing high-performing teams.
• Solid understanding of lockbox, ACH, wire, and other electronic payment processes, internal controls, and core accounting principles.
• Experience using ERP systems and cash application automation technology, preferably HighRadius.
• Ability to drive process improvements and automation initiatives.
• Advanced analytical and problem-solving skills, with the ability to perform root cause analysis, identify trends, and turn data into action.
• Strong communication and collaboration skills, with the ability to build effective partnerships across functions.
• Advanced Excel and reporting skills, including building KPIs and executive-level reporting.

Responsibilities

• Own end-to-end cash application operations, ensuring customer payments are applied accurately, timely, and in accordance with established controls and procedures.
• Lead a team of cash application specialists, setting priorities, managing workload, and driving accountability for performance and service-level expectations.
• Drive the reduction of unapplied cash through proactive monitoring, root cause analysis, and targeted resolution plans.
• Manage month-end close activities, including account reconciliations and related reporting requirements.
• Maintain effective controls, procedures, and documentation in support of internal and external audit requirements.
• Develop, coach, and retain talent while fostering a culture of continuous improvement, collaboration, and operational excellence.
• Develop and deliver executive reporting and operational analytics that provide visibility into KPIs, cash trends, process effectiveness, and team performance.
• Initiate continuous improvement efforts focused on automation, standardization, and efficiency across the cash application function.

Skills

Advanced Excel

Analytical thinking

Communication

Leadership

Process improvement

Education

Bachelor's degree in Accounting, Finance or related field

Tools

ERP systems

HighRadius

Job description

Reporting to the Director, Shared Services, the Manager, Cash Application is responsible for leading all aspects of cash application operations, ensuring accurate and timely application of customer payments, maintaining a strong control environment, and driving continuous improvement. This role leads a team of cash application professionals while partnering across Finance, Sales, and Information Services to optimize processes, leverage automation, and improve working capital performance.

Key Responsibilities

• Own end-to-end cash application operations, ensuring customer payments are applied accurately, timely, and in accordance with established controls and procedures.
• Lead a team of cash application specialists, setting priorities, managing workload, and driving accountability for performance and service-level expectations.
• Drive the reduction of unapplied cash through proactive monitoring, root cause analysis, and targeted resolution plans.
• Manage month-end close activities, including account reconciliations and related reporting requirements.
• Maintain effective controls, procedures, and documentation in support of internal and external audit requirements.
• Develop, coach, and retain talent while fostering a culture of continuous improvement, collaboration, and operational excellence.
• Develop and deliver executive reporting and operational analytics that provide visibility into KPIs, cash trends, process effectiveness, and team performance.
• Initiate continuous improvement efforts focused on automation, standardization, and efficiency across the cash application function.

Qualifications

• Bachelor’s degree in Accounting, Finance or a related business field
• 7+ years of progressive Accounts Receivable or Cash Application experience, including payment reconciliation, banking transactions, and management of unapplied cash
• Minimum 2 years of experience managing, coaching, and developing high-performing teams
• Solid understanding of lockbox, ACH, wire, and other electronic payment processes, internal controls, and core accounting principles
• Experience using ERP systems and cash application automation technology, preferably HighRadius
• Ability to drive process improvements and automation initiatives
• Advanced analytical and problem-solving skills, with the ability to perform root cause analysis, identify trends, and turn data into action
• Strong communication and collaboration skills, with the ability to build effective partnerships across functions
• Advanced Excel and reporting skills, including building KPIs and executive-level reporting

A member of the S&P 500 Index, Martin Marietta is an American-based company and a leading supplier of heavy building materials – including aggregates, cement, ready-mixed concrete and asphalt. Through a network of operations spanning 28 states, Canada and the Bahamas, dedicated Martin Marietta teams supply the foundational resources upon which our communities thrive. Martin Marietta'sMagnesia Specialtiesbusiness produces high-purity magnesia and dolomitic lime products used worldwide in environmental, industrial, agricultural and specialty applications. At Martin Marietta, we strive to work with the best and the brightest – those who have the potential to become our company's future leaders. Each of our roughly 9,500 people shares a common purpose regardless of their professional role or work environment. Together, we utilize our diverse skills and experiences to drive our company and its extraordinary culture forward. Our aim is to build on our foundation of success and help values-driven and hardworking people realize their full potential. When you decide to invest your career in Martin Marietta, you'll know what it's like to be respected, challenged and rewarded.

In return, we offer a highly competitive benefits package, including:

• Medical
• Prescription Drug
• Vision
• Dependent Care Reimbursement Account
• Wellness Programs
• Employee Assistance Plan
• Paid Holidays and Vacation
• 401(k) with Company matching
• Pension
• Salary Continuation – Short-Term Disability
• Long-Term Disability Options
• Employee Life Insurance
• Business Travel Accident Insurance
• Direct Deposit Payroll
• Educational/Tuition Assistance Plan
• Matching Gift Program
• New Auto Purchase Discount Plans

At Martin Marietta, we are proud to be an Equal Opportunity Employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all qualified applicants and teammates. We celebrate diversity and commit that qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.