Cash Applications Supervisor

Vaco by Highspring; Dallas (TX); On-site; USD 75,000 - 85,000; Full time

Job summary

A premier financial consulting firm in Dallas, Texas, is seeking a Cash Applications Supervisor to lead and manage cash application activities. In this role, you will supervise a team, streamline processes, and ensure accurate posting of customer payments. The ideal candidate has over four years of relevant experience and a bachelor's degree in Accounting or Finance. Join a culture focused on teamwork and continuous improvement, with competitive compensation ranging from $75K to $85K.

Qualifications

• 4+ years of experience in cash application or accounts receivable.
• Prior supervisory or lead experience is preferred.
• Strong understanding of AR systems.

Responsibilities

• Supervise daily cash application activities including lockbox and ACH.
• Review unapplied cash and payment discrepancies.
• Lead and develop cash application staff.

Skills

Cash application processes

Bank reconciliations

Analytical skills

Problem-solving skills

Attention to detail

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

ERP systems (NetSuite, SAP, Oracle)

Job description

Vaco has partnered with one of our large, PE-backed distribution clients that has doubled in size and revenue in the last couple of years to help find a Cash Applications Supervisor. This will be a hands‑on role with 2-3 direct reports ideally suited for someone with a strong working knowledge of unapplied cash. This team rolls up to a fantastic CFO that we've worked with for years – she is known for building up really strong cultures and people love working with/for her.

CULTURE super important – smaller group, like to get along with each other, learn from the team, build/feed off of each other while working independently (sense of humor huge plus).

Compensation: $75-85K

Key Responsibilities

• Supervise and coordinate daily cash application activities, including lockbox, ACH, wire, credit card, and check payments
• Ensure accurate and timely posting of customer payments to accounts receivable in accordance with company policies
• Review and resolve unapplied cash, short pays, overpayments, and payment discrepancies
• Manage customer remittance processing and ensure proper documentation and audit trails
• Lead, coach, and develop cash application staff; set performance expectations and conduct reviews
• Establish and maintain standard operating procedures and internal controls related to cash application
• Partner with Accounts Receivable and Credit teams to support collections and dispute resolution
• Reconcile cash receipts to bank statements and the general ledger
• Support month‑end close activities, including reporting and reconciliations
• Identify and implement process improvements and automation opportunities to increase efficiency and accuracy
• Ensure compliance with SOX and other internal control requirements, as applicable

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field preferred
• 4+ years of experience in cash application or accounts receivable, with prior supervisory or lead experience
• Strong understanding of cash application processes, bank reconciliations, and AR systems
• Experience with ERP systems (e.g., NetSuite, SAP, Oracle, or similar)
• High attention to detail with strong analytical and problem‑solving skills

Vaco provides expert consulting, permanent placement, executive search, managed services, and strategic staffing solutions for companies around the world, in the areas of accounting, finance, technology, healthcare, operations and more. As a premier talent solutions firm, Vaco connects people to their dream jobs and helps leading companies find talent to grow their business.

Please let us know if we can help you with this, or another role, for the next step in your career!