Cash Applications Specialist

Ledgent; Houston (TX); On-site; USD 50,000 - 60,000; Full time

Job summary

Ledgent is hiring for a Cash Applications Specialist in the Northwest Houston area for a large oilfield services company. This direct-hire, 100% in-office role offers growth opportunities within a sizable organization.

You will perform cash postings to ensure same-day posting, manage exceptions, reconcile bank data, and collaborate with credit analysts to resolve unapplied payments, with an emphasis on Excel-driven processes and HighRadius exposure.

Qualifications

• 2+ years in a cash applications role.
• Bachelor's degree in Accounting, Finance, or Business.
• Microsoft Excel skills (vlookups, pivot tables, power queries).
• Understanding of account reconciliations and daily posting tie outs.
• Direct experience with HighRadius or similar cash posting tools preferred.

Responsibilities

• Perform general cash applications and posting for same-day posting of lockbox and ACH payments.
• Manage exception tasks for payments needing manual application.
• Process credit card requests after invoicing.
• Reconcile bank transactions with customer accounts using remittance details.
• Scan deposits and update banking information with customers.
• Research and resolve unapplied or unidentified payments with the credit analyst.
• Back up Senior Cash Specialist for approved adjustments to customer accounts.
• Monitor queue and process adjustments, refunds, and offset requests.

Skills

Excel proficiency

Cash applications experience

Account reconciliations

Attention to detail

Education

Bachelor's degree in Accounting/Finance/Business

Tools

HighRadius

Job description

Our client, a Northwest Houston area oilfield services company, is hiring for a Cash Applications Specialist on a direct hire basis. This position is for a large organization with a lot of opportunity for growth and advancement. This role is 100% in office.

Job Duties:

• Perform general cash applications/posting to ensure same day clearing and posting of all lockbox and ACH payments
• Manages exception tasks for payments requiring manual application
• Process credit card requests sent by the field or customer after invoicing
• Reconcile bank transaction report with customer's account based on received remittance and deposit detail information
• Perform daily scan deposit of all checks not sent to lockbox and work with customer to update banking information
• Work directly with customer and credit analyst to research and resolve unapplied or unidentified payments
• Serves as backup to Sr. Cash Specialist for all approved adjustments to customer accounts
• Monitors team queue and processes adjustments, refunds, and general item offset requests

Requirements:

• 2+ years of equivalent experience in cash applications role
• Bachelor's degree in Accounting, Finance, or Business
• Microsoft Excel skills (vlookups/pivot tables/power queries)
• Intermediate understanding of account reconciliations and daily posting tie outs
• Direct experience with High Radius or other cash posting cloud automation tools is preferred but not required

Salary range $50-60K depending upon experience.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, Los Angeles County Fair Chance Ordinance, and San Francisco Fair Chance Ordinance.