Cash Applications Manager

AccruePartners; Charlotte (NC); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Merit-based culture

Hybrid work environment

Career growth

Job summary

AccruePartners is assisting in recruiting for a Senior Accountant role in Charlotte, NC. You will join a newly created team that combines legacy staff with new hires under a Private Equity-owned structure.

The position offers exposure to GAAP reporting, variance analysis and regulatory requirements with ownership over key accounting processes and financial reporting. You will mentor staff and collaborate with cross-functional stakeholders in a stable organization that rewards ownership and

Qualifications

• Experience in cash applications and accounting processes.
• Solid understanding of GAAP reporting and regulatory requirements.
• Ability to perform variance analysis and identify root causes.

Responsibilities

• Lead day-to-day cash applications function: payments, refunds, transfers and posting.
• Ensure accurate, timely recording of cash receipts/disbursements per policies and controls.
• Oversee bank reconciliations for cash activity and resolve unapplied cash and variances.
• Collaborate with Accounting Operations, Treasury, Finance, Billing, Collections and other teams to resolve cash issues.
• Monitor workflows to identify anomalies, gaps, delays or recurring issues and lead corrective actions.
• Support month-, quarter-, and year-end close activities with complete and reconciled cash activity.
• Maintain/update cash application policies, procedures and controls.
• Identify opportunities to improve efficiency, automation, reporting and scalability across cash processes.
• Provide leadership, coaching and development to team members.

Skills

Cash accounting

GAAP reporting

Variance analysis

Cross-functional collaboration

Team leadership

Job description

• Newly created team that is a blend of legacy employees and newly hired team to support the go-forward company structure now owned by Private Equity.
• Start-up company previously inside a 100- year old financial services giant
• New entity is $3.5B in sales, global client base with Top 10 status in industry

THE TEAM YOU WILL BE JOINING

• Newly created team that is a blend of legacy employees and newly hired team to support the go-forward company structure now owned by Private Equity.
• Start-up company previously inside a 100- year old financial services giant
• New entity is $3.5B in sales, global client base with Top 10 status in industry

WHAT WE OFFER YOU

• Merit-based culture that rewards ownership, agility, and results
• Opportunity to step into a highly visible Senior Accountant role with ownership over key accounting processes and financial reporting
• Exposure to complex accounting areas, including GAAP reporting, variance analysis, and regulatory requirements
• Ability to influence and improve accounting processes, controls, and reporting workflows
• A collaborative environment with opportunities to mentor junior staff and partner with cross-functional stakeholders Long-term career growth within a stable and structured accounting organization

LOCATION

• Charlotte, NC – hybrid work environment (in-office 3 days per week required)

WHAT YOU'LL BE DOING:

• Lead the day-to-day cash applications function, including oversight of incoming payments, outgoing cash activity, adjustments, refunds, transfers, and related posting activity.
• Ensure cash receipts and disbursements are recorded accurately, timely, and in accordance with company policies, internal controls, and applicable accounting standards.
• Oversee account reconciliations related to cash activity, including research and resolution of unapplied cash, discrepancies, aging items, and variances.
• Partner with Accounting Operations, Treasury, Finance, Billing, Collections, and other business teams to resolve cash application issues and improve end-to-end cash processes.
• Monitor operational workflows to identify unusual transactions, control gaps, process delays, or recurring issues; lead or support root cause analysis and corrective action plans.
• Support month-end, quarter-end, and year-end close activities by ensuring cash activity is complete, accurate, documented, and reconciled within established timelines.
• Maintain, update, and improve cash application policies, procedures, process documentation, and internal control practices.
• Identify opportunities to improve efficiency, automation, reporting, and scalability across cash application processes in a complex, multi-entity environment.
• Provide leadership, coaching, and development to team members, including workload management, review of work, performance feedback, and process training.
• Build strong working knowledge of relevant lines of business, systems, accounting flows, regulatory requirements, and reporting needs impacting cash activity.

Open