What are the responsibilities and job description for the Cash Applications Specialist position at Herc Rentals?
If you are currently an employee of Herc Rentals, please apply using this link: Herc Employee Career Portal
Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with 2025 total revenues reaching approximately $4.4 billion. Herc Rentals’ parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol “HRI.” Herc Rentals serves customers through approximately 607 locations and has about 10,000 employees in North America as of June 30, 2026.
Job Purpose
Herc Cash Application Specialist will play a critical role in applying daily Cash Receipts to customer invoices via manual and automated entry. The ideal candidate should be a team player and willing to embrace change in an ever-evolving and challenging business climate. This position requires a solid understanding of Accounts Receivables (AR) process flow, principles and processes. Attention to detail, ability to work independently and productively are essential in this role.
What you will do...
Pay Range: $22.00 - $25.00 per hour
Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role.
Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.
Keeping you healthy
Medical, Dental, and Vision Coverage
Life and disability insurance
Flex spending and health savings accounts
Virtual Health Visits
24 Hour Nurse Line
Healthy Pregnancy Program
Tobacco Cessation Program
Weight Loss Program
Building Your Financial Future
401(k) plan with company match
Employee Stock Purchase Program
Life & Work Harmony
Paid Time Off (Holidays, Vacations, Sick Days)
Paid parental leave.
Military leave & support for those in the National Guard and Reserves
Employee Assistance Program (EAP)
Adoption Assistance Reimbursement Program
Tuition Reimbursement Program
Auto & Home Insurance Discounts
Protecting You & Your Family
Company Paid Life Insurance
Supplemental Life Insurance
Accidental Death & Dismemberment Insurance
Company Paid Disability Insurance
Supplemental Disability Insurance
Group Legal Plan
Critical Illness Insurance
Accident Insurance
Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.
Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with 2025 total revenues reaching approximately $4.4 billion. Herc Rentals’ parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol “HRI.” Herc Rentals serves customers through approximately 607 locations and has about 10,000 employees in North America as of June 30, 2026.
Job Purpose
Herc Cash Application Specialist will play a critical role in applying daily Cash Receipts to customer invoices via manual and automated entry. The ideal candidate should be a team player and willing to embrace change in an ever-evolving and challenging business climate. This position requires a solid understanding of Accounts Receivables (AR) process flow, principles and processes. Attention to detail, ability to work independently and productively are essential in this role.
What you will do...
- Apply customer cash receipts daily via lockbox, ACH, Wire Transfer, and Credit Card transactions
- Correspond directly with customers and collection teams regarding insufficient and/or inaccurate remittance information
- Perform daily reconciliation of all cash received into banks to cash posted in the AR financial system and resolve variances
- Research and reduce unidentified and unapplied cash
- Utilize appropriate judgment in discerning current cash application procedures to assess and revise inefficiencies of current procedures
- Collaborate with customers and internal business partners to achieve improvement in application of cash
- Perform all Cash Application functions timely and accurately
- Other duties assigned by Management
- BA/BS University degree with a concentration in business administration preferred
- 1 – 2 Year(s) experience in Cash Application
- Proficient data entry and computer skills
- Strong Math Background
- Basic knowledge of Microsoft Word and Excel Programs
- Interpersonal skills
- Teamwork
- Listening skills
- Ability to communicate effectively and efficiently
- Dependability
- 10 Key by touch
- Attention to detail
- Creative Problem Solver
- Must react to changing business needs
- Organizational and Time Management Skills
- Professional Verbal and Written Communication
- Strong sense of Urgency and Customer Focus
Pay Range: $22.00 - $25.00 per hour
Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role.
Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.
Keeping you healthy
Medical, Dental, and Vision Coverage
Life and disability insurance
Flex spending and health savings accounts
Virtual Health Visits
24 Hour Nurse Line
Healthy Pregnancy Program
Tobacco Cessation Program
Weight Loss Program
Building Your Financial Future
401(k) plan with company match
Employee Stock Purchase Program
Life & Work Harmony
Paid Time Off (Holidays, Vacations, Sick Days)
Paid parental leave.
Military leave & support for those in the National Guard and Reserves
Employee Assistance Program (EAP)
Adoption Assistance Reimbursement Program
Tuition Reimbursement Program
Auto & Home Insurance Discounts
Protecting You & Your Family
Company Paid Life Insurance
Supplemental Life Insurance
Accidental Death & Dismemberment Insurance
Company Paid Disability Insurance
Supplemental Disability Insurance
Group Legal Plan
Critical Illness Insurance
Accident Insurance
Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.
Salary : $22 - $25