Cash Application Specialist

Graybar; Chesterfield (MO); On-site; USD 23,000 - 32,000; Full time

Benefits offered by this job

Employee stock ownership plan

Medical/Dental/Vision benefits

401(k) with company match

Paid vacation and sick days

Paid holidays

Paid Wellness Day

Educational Reimbursement

Job summary

Graybar is seeking a detail-oriented Cash Application Specialist to help safeguard company assets by correctly applying payments to customer accounts in SAP and High Radius. You will handle daily exceptions, apply card payments, post journal entries, and support the AR function with timely reconciliations.

The role requires one year of cash application experience, a four-year degree in a related field, and proficiency in SAP and Excel.

Qualifications

• 1 year of cash applications experience.
• Four-year degree in Accounting/Finance/Economics/Marketing or Business Administration preferred.
• Knowledge of SAP and intermediate Excel skills.
• Understanding of debits and credits in Cash Application and AR.

Responsibilities

• Process daily payment exceptions in SAP and High Radius AR system.
• Apply Non-Point Of Sale customer credit card payments accurately.
• Review and post AR journal entries; issue refunds as submitted by finance.

Skills

Cash application experience

Interpersonal skills

Organizational skills

Communication skills

Multitasking

Confidential information handling

Education

Bachelor's degree in Accounting/Finance/Economics/Marketing/Business

Tools

SAP

Microsoft Excel

Job description

Make a difference.

As a Cash Application Specialist, you will assist financial management in safeguarding Company assets by following proper accounting procedures that ensure payments are accurately and properly applied to customer accounts.

In this role you will:

• Process daily payment exceptions in both SAP and High Radius Accounts Receivable system
• Apply Non-Point Of Sale customer credit card payments accurately and according to customer specifications
• Review and accurately post Accounts Receivable journal entries; issue customer refunds as submitted by financial personnel
• Review and correctly apply all miscellaneous customer account application requests received via the SAP workflow system, ensuring compliance with appropriate General Instructions
• Review and post rejections from Biller Direct customer payments in High Radius
• Monitor internal customer requests email que; research, respond and/or escape requests as needed
• Clear vendor product certificates against posted customer deductions; clear customer account postings for Tax on Cash Discount as directed
• Complete daily reconciliation of District lockboxes in SAP as needed
• Identify improvement opportunities and assist in implementing improvements

What you bring to the table:

• 1 year experience in Cash Applications
• 4 year degree in Accounting, Finance, Economics, Marketing or Business Administration preferred
• Knowledge of SAP and intermediate knowledge of Microsoft Excel
• Understanding of debits and credits as related to Cash Application and Accounts Receivable
• Interpersonal and communication skills with ability to work independently or as a member of a team
• Strong organizational skills with the ability to multitask, effectively prioritize and manage workflow, and meet deadlines under conditions of fluctuating workload
• Ability to deal with confidential information, including internal data, external data, and communications
• Ability to communicate clearly and concisely via phone, email and in person
• Ability to assess a problem and promptly resolve it or escape as needed

Shift and Hours:

Monday - Friday; 7 am to 4 pm.

Compensation Details:

The expected rate of pay for this position is $20.00 per hour, depending on experience.

The Value of Graybar:

At Graybar, we are known for our comprehensive benefits and our employee stock ownership plan! Most regular, full-time employees at Graybar may be eligible for a variety of benefits like:

• Multiple plan options for Medical, Dental, Vision, and Prescription Drug benefits.
• Life Insurance coverage for you and options for your family.
• Save on expenses with Flexible Spending Accounts .
• Enjoy our Disability Benefits at no cost to you.
• Share in our success with P rofit Sharing Plans .
• 401(k) Savings Plan with company match to help secure your future.
• Paid Vacation & Sick Days to spend time away from work or in case of an illness.
• Rest and recharge during our Paid Holidays throughout the year.
• Take advantage of our Paid Wellness Day to focus on preventive care and prioritize your health.
• Volunteer with Community Time Off to give back to the community.
• Predictable Work Schedules to plan your life: no weekends or nights for most roles.
• Celebrate your and others' achievements with our Employee Recognition Program .
• Reach your career goals with our Educational Reimbursement and Career Development Programs .
• And More Perks that support your well-being and career growth.

Benefit eligibility may vary across locations and roles, so be sure to check in with your recruiter for more information.

Why should you join Graybar?

At Graybar, our employees are the heart and soul of our company. We believe that employees with diverse perspectives bring the ideas and innovative thinking we need to solve our biggest challenges and compete in an ever-changing world. Consistent with our values, we welcome people from all backgrounds, cultures and experiences into our company because we believe it's the right thing to do and the right way to run our business.

We want each of our employees to know that they matter and to feel a sense of belonging, ownership and inclusion at Graybar. We believe that everyone should be treated with dignity and respect, and we work to build a collaborative environment where our employees have the opportunity to grow, learn and make a difference, both as individuals and as part of the team.

That's what our employee ownership culture is all about: working as one team and moving forward together, while honoring the unique value each person brings to our company.

Equal Opportunity Employer/Vet/Disabled