Cash Application Specialist

Owens Corning; Toledo (OH); On-site; USD 42,000 - 64,000; Full time

Job summary

Owens Corning is seeking a Cash Application Specialist to ensure accurate and timely application of customer payments and resolution of cash application issues within the Global AR Operations framework.

You will support month-end closings, maintain internal controls, and participate in process improvements while collaborating with cross-functional teams to optimize working capital.

Qualifications

• High School Diploma required with 2+ years in AR, collections or cash application.
• Experience with cash application processes and resolving unapplied/maced/skipped remittances.
• Proficiency in Excel; familiarity with BI tools and SAP ERP is preferred.

Responsibilities

• Maintain documentation and follow-up for outstanding cash application exceptions.
• Analyze remittance details to resolve complex cash application issues where auto-apply is not possible.
• Escalate aging or complex cash application exceptions in a timely manner.
• Monitor unapplied cash and other cash application performance measures.
• Identify recurring issues and opportunities to improve cash application accuracy and efficiency.
• Support month-end closing and reconciliation activities.
• Maintain compliance with internal controls and accounting policies.
• Participate in process improvement, automation, and standardization activities.
• Provide backup coverage and cross-training for other Cash Application activities.

Skills

Problem solving

Initiating action

Tenacity

Adaptability

Education

High School Diploma

2 years AR/Cash Application experience

Tools

Microsoft Excel

Business Intelligence (BI)

SAP ERP

Job description

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The Cash Application Specialist is accountable for the accurate and timely application of customer payments and resolution of cash application exceptions for an assigned customer and/or business portfolio. The role supports strong financial controls, accurate accounts receivable balances, and effective working capital management through the reconciliation, research, and resolution of unapplied, unidentified, and misapplied cash.

The position reports to:Global AR Operations Leader

JOB RESPONSIBILITIES

• Maintain documentation and follow-up for outstanding cash application exceptions.


• Analyze customer remittance details to solve complex cash application issues where auto-apply is not possible.


• Escalate aging or complex cash application exceptions in a timely manner.


• Monitor unapplied cash and other established cash application performance measures.


• Identify recurring issues and opportunities to improve cash application accuracy and efficiency.


• Support month-end closing and reconciliation activities.


• Maintain compliance with internal controls, accounting policies, and established procedures.


• Participate in process improvement, automation, and standardization activities.


• Provide backup coverage and cross-training for other Cash Application activities.

Talent Development

• Invest in personal growth and development, clearly focused on self-learning and has the ability to grow and learn at an acceptable rate


• Capture the value of continuous learning and ongoing development opportunities

JOB REQUIREMENTS

• Minimum Qualifications:


• High School Diploma and 2 years applicable work experience with accounts receivable, collections or cash application

Preferred Experience

• Demonstrated achievement in prior roles and ability to be successful in a team-oriented environment


• Working knowledge of Mircosoft Excel, Business Intelligence (BI) and SAP ERP software


• Basic knowledge /understanding of OC customers, products and markets


• Knowledge of billing procedures and collections techniques (e.g. skip tracing)

Knowledge and Abilities

• Initiating action/Gaining commitment


• Problem Solving - understand and analyze


• Tenacity/Driving for results


• Process development and improvements

Personal Characteristics

• Manages time well-prioritizes effectively


• Learns quickly and adapts accordingly


• Operates with integrity