Senior Cash Applications Specialist - Hybrid, Fast-Paced AR

Centric Brands Inc.; Greensboro (NC); Hybrid; USD 60,000 - 75,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) matching

Summer Fridays

Paid time off

Merchandise discounts

Career development opportunities

Job summary

Centric Brands Inc. is hiring a Senior Cash Applications Specialist to ensure accurate and timely application of customer payments in a fast-paced AR environment.

You will analyze remittances, post payments to invoices, and resolve unapplied cash while maintaining audit trails. You will collaborate with Finance, Collections, Credit and Customer Service to resolve discrepancies, implement process improvements, and support accurate customer balances.

Qualifications

• Prior experience in Cash Applications, Accounts Receivable, or a related accounting function required.
• Experience in a high-volume, fast-paced transaction processing environment.
• Strong understanding of AR processes and basic accounting (debits and credits).
• Ability to research remittances, deductions, chargebacks, and unapplied cash.
• Excellent numerical reasoning and attention to detail; strong communication skills.

Responsibilities

• Process and apply high volumes of customer payments (ACH, wire, check, electronic).
• Interpret remittance data to correctly post payments to invoices and items.
• Research unidentified cash using documents, systems, and accounts history.
• Contact customers to obtain remittance information or clarify details.
• Code deductions, chargebacks, short payments, credits, and variances.
• Route issues to AR team for research and resolution.
• Post and correct transactions using basic accounting principles.
• Perform payment reversals, reapplications, and account corrections.
• Handle remote deposits and verify checks.
• Collaborate with Finance, Collections, Credit, and Customer Service to resolve issues.
• Maintain audit trails and supporting documentation.
• Escalate complex discrepancies to Cash Applications Manager.
• Adhere to internal controls and segregation-of-duties policies.
• Identify recurring issues and suggest process improvements.

Skills

Analytical thinking

Problem solving

Excel

ERP systems

Accounts Receivable

Attention to detail

Communication skills

Microsoft Office

Tools

ERP software

Job description

Centric Brands Inc. is hiring a Senior Cash Applications Specialist to ensure accurate and timely application of customer payments in a fast-paced AR environment.

You will analyze remittances, post payments to invoices, and resolve unapplied cash while maintaining audit trails. You will collaborate with Finance, Collections, Credit and Customer Service to resolve discrepancies, implement process improvements, and support accurate customer balances.