What are the responsibilities and job description for the Cash Application Specialist position at J&J Snack Foods Corp?
POSITION SUMMARY:
The Cash Application Specialist is responsible for processing and reconciling customer payments, including checks, ACH, wire transfers, and credit card transactions. This role ensures timely and accurate application of cash receipts to customer accounts, investigates and resolves discrepancies, and collaborates with internal teams to maintain accurate accounts receivable records. The specialist plays a key role in optimizing cash flow, supporting month-end close activities, and maintaining compliance with company policies and financial controls.
ESSENTIAL FUNCTIONS:
- Apply customer payments (check, ACH, wire, credit card) to invoices accurately and timely within JDE EnterpriseOne
- Research and resolve payment discrepancies, collaborating with customers and internal teams (Sales, Facilities, AR)
- Process and resolve deductions (valid and invalid) in accordance with company procedures
- Post and reconcile cash transactions, including payments, adjustments, charges, and refunds
- Monitor daily cash application workflows to ensure accuracy, efficiency, and adherence to quality standards
- Maintain and distribute daily cash reporting (e.g., cash tracker) and support related analysis
- Review and route lockbox/mail payments to appropriate teams
- Communicate and coordinate resolution of payment related issues with AR and cross-functional partners
- Perform daily audits and ensure compliance with company policies and regulatory requirements
- Support team operations, including training assistance and special projects as needed
COMPETENCIES:
To perform this job successfully, the Cash Application Specialist must be comfortable working with JD Edwards. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Strong attention to detail and accuracy
- Analytical and problem-solving skills
- Ability to manage multiple priorities in a fast-paced environment
- Effective communication and teamwork
- Customer focused with a professional approach
EDUCATION AND EXPERIENCE:
- High School Diploma or equivalent with 2 years’ cash application posting experience.
- Associate’s degree in accounting, Finance, or a related field preferred
- Experience with ERP systems (e.g., JDE, SAP, Oracle) preferred
- Proficiency in Microsoft Excel