Cash Applications Supervisor

Veritext; Livingston (NJ); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Healthcare, dental & vision insurance

401(k) with company match

Hybrid or remote work structure

Job summary

Veritext is seeking a Cash Applications Supervisor (Corporate) to lead a team in applying payments and minimizing client confusion. You will generate daily cash reports and assist with annual audits while coaching staff to deliver accurate, timely results.

The role emphasizes professional client communications, process improvements, and collaboration with cross-functional teams. Hybrid or remote work options are available based on business needs.

Qualifications

• 5+ years of related experience in finance or cash applications.
• Proficiency in MS Office is required.
• Excellent written and verbal communication skills.
• Customer service oriented with strong interpersonal skills.
• Proven leadership and team management abilities.

Responsibilities

• Manage the cash applications team by setting goals and KPIs.
• Ensure accurate posting of cash, discounts, and adjustments to client accounts.
• Prepare reports such as Daily Cash Reports and audit-related reports.
• Provide training and coaching to staff for high performance.
• Resolve client inquiries and confirm bank information as needed.
• Ensure timely posting of payments from lockbox, EFT, and cards.
• Balance receipt batches and reconcile with bank deposits.
• Meet or exceed financial targets and metrics.

Skills

MS Office

Verbal communication

Written communication

Customer service

Leadership

Financial software

Tools

Financial software packages

Job description

At Veritext, we focus on the details – so legal teams can focus on the case.

About the role:

Providing our clients with exceptional service is the foundation of our business. The Cash Applications Supervisor (Corporate) supervises the team that applies payments, minimizing client confusion and alleviating collection efforts. The Supervisor works collaboratively with Veritext colleagues, exhibiting Veritext Values; ensures that all client (internal and external) communications are handled in a professional, timely and courteous manner; communicates necessary information timely, accurately and effectively; reports incidents to management; welcomes new projects and ideas; continuously work to enhance job knowledge while bringing value to role.

What you'll get to do:

• Effectively manage the team by setting goals and metrics, monitoring performance and establishing operational
• improvements
• Ensure your employees are engaging and growing, setting the stage for future
• Generate and assist in the preparation of financial reports (i.e. Daily Cash Reports, reports as requested for annual
• Company audit, etc.)
• Ensure that departmental training materials are current, effective and utilized
• Recruit, train, coach and develop staff to yield a high performing team
• Process & apply all incoming payments from Lockbox, EFT & Credit cards to client invoice(s) accurately & timely
• Understand Company targets and strive to meet and exceed
• Understand Veritext products and services, their value and commensurate fees
• Resolves issues and escalates/communicates as needed to ensure prompt and accurate resolution; assist clients in various requests such as confirming bank information and providing direct deposit forms
• Ensure that cash receipts, discounts and adjustments are accurately posted to client accounts in a timely manner (includes checks, credit cards and ACH payments)
• Research duplicate payments, overpayments and unapplied cash and takes appropriate action to bring to resolution in timely manner
• Strive to meet and exceed financial targets and metrics
• Reconcile receipt batches to ensure they balance and tie back to bank deposits

The kind of teammate we’re looking for:

• 5+ years of related experience
• Proficiency in MS Office required
• Proficiency in relevant financial software packages and applications
• Must possess excellent written and verbal communication skills
• Customer service oriented with strong interpersonal skills
• Dedicated professional with the ability to respond to requests promptly and accurately
• Must possess excellent management skills with the proven ability to lead a team

What’s in it for you:

• Competitive compensation and total rewards package including comprehensive medical, dental and vision insurance as well as company-paid life insurance, short-term and long-term disability insurance
• Earned wage access: get a portion of the wages you earned prior to payday
• Matched 401(k) to help you save for your future
• Hybrid or remote work structure for most roles (based on business needs)
• Healthy work-life balance: paid time off, Paid Parental Leave, tuition reimbursement and more
• Employee equity and referral programs: when we succeed, you succeed!
• Extensive mental health and wellness benefits – to help you feel your best and thrive personally and professionally
• Veritext Cares: our commitment to making a difference beyond the workplace, supporting local causes and paying it forward to the communities we live and work in
• Learning and development opportunities including ongoing training, mentorship, and access to resources that support your personal and professional growth
• Engaging, collaborative, inclusive culture that values curiosity, initiative, and creativity with unique programs like Veritext Summer Camp and Wellness Week – because work should be rewarding and fun!

About Veritext:

Veritext is the global leader in technology-enabled court reporting services and litigation support solutions with a proven track record of industry excellence. For law firms, government agencies and enterprise corporations, we provide access to innovative technologies and remote solutions, the highest-quality network of reporters and legal videographers, unmatched expertise in multiparty and complex litigation, unparalleled client service, and state-of-the-art conference spaces across North America.

Veritext is committed to delivering comprehensive, client-focused legal solutions that address the evolving needs of the legal industry. Our solutions utilize the latest easy-to-use technologies to streamline the deposition process and reliably handle the most complex cases. All of this combined with unsurpassed data security ensures that Veritext clients have the best tools available and the confidence of working with the market leader.

Veritext aspires to create a community based on collaboration, innovation, creativity and belonging. Our collective success depends on the robust exchange of ideas – an exchange that is best when the rich diversity of our perspectives, backgrounds and experiences flourish. To achieve this exchange, it is essential that all individuals and stakeholders feel and experience an environment where they are welcome, safe, secure, and heard. As such, we do not discriminate on the basis of race, color, religion, age, gender identity or expression, national origin, disability, veteran status, sexual orientation, marital status or any other classification protected by Federal, state, or local law. Any information provided will be used only in the compilation of data for EEO/Affirmative Action reporting. Completion of this data is voluntary and will not affect your opportunity for employment and/or terms or conditions of employment.

About this posting:

Compensation ranges, when noted, represent the expected base pay compensation range for this role. Ultimately, a number of factors including, but not limited to, your prior job-related knowledge and experience, geographic location, and qualifications will be considered when determining your pay and we may pay more or less than the posted range.

Veritext participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.