What are the responsibilities and job description for the Cash Application Specialist position at BRAD HALL COMPANIES?
Job Overview
As a Cash Application Specialist at Senergy Petroleum, you will play a pivotal role in our Credit Department, focusing on the accurate and timely posting and application of a high volume of customer transactions. Your primary responsibilities will include validating accounts receivable, reconciling remittances, and ensuring alignment with daily bank statements and treasury reports. The Cash Application Specialist is a key contributor in our growing, fast-paced, and dynamic organization. We are seeking a highly motivated problem-solver with exceptional attention to detail, who can collaborate effectively across the organization.
Responsibilities
Cash Application:
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Post and apply a high volume of customer transactions accurately and in a timely manner.
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Validate accounts receivable to ensure accuracy and completeness.
Reconciliation:
- Reconcile remittances received from customers with outstanding invoices.
- Perform daily reconciliation of bank statements and treasury reports.
Communication and Collaboration:
- Collaborate with internal teams to investigate and resolve discrepancies in customer payments.
- Communicate effectively with customers to address any payment-related queries.
Documentation:
- Maintain organized records of all applied transactions and reconciliations.
- Generate reports as needed to support internal and external audits.
Key Competencies
- Problem-solving: Ability to identify and resolve discrepancies.
- Collaboration: Work effectively with cross-functional teams.
- Time Management: Prioritize tasks and manage time efficiently.
- Results-driven: Motivated to achieve and maintain high levels of accuracy and efficiency.
Additional
- None
Supervision of Others
- None
Work Environment
- Typically work is performed in an office setting.
Physical Demands
- Able to sit and stand for extended periods of time.
- Able to move about office setting to complete responsibilities.
- Able to move freely around work and customer sites.
- Able to climb stairs and ladders, kneel, bend, and stoop.
- Heavy use of phone, computer, and office equipment.
- Able to lift up to 25 lbs.
Travel
- Negligible
Knowledge, Skills, and Abilities Required
- Must be able to manage a high volume of transactions and meet strict deadlines.
- Precise data entry skills and strong attention to detail to ensure accuracy of cash application.
- General knowledge of accounting and finance principles.
- Strong organization and time management skills.
- Must possess problem-solving skills, critical thinking skills and the ability to effectively read, write and articulate ideas.
- Technical proficiency and ability to learn company systems and processes.
- Adheres to the company’s values and ethical expectations.
Preferred
- Minimum of 3-5 years of experience in Accounts Receivable, Cash Application, Credit Management, Finance, or similar role.
- Familiarity with Microsoft 365 products and proficiency with Excel.
- Bachelor’s degree in accounting, Finance, Business Administration, a plus.
- Oracle/NetSuite or similar ERP accounting applications experience, a plus.
- Experience in lubricant industry, fuel industry, and/or transportation industry.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.