Cash Specialist

Job Summary

The Cash Specialist is responsible for managing the organization's daily cash application, banking transactions, account reconciliations and short-term cash administration activities. This position ensures timely and accurate application of customer payments, maintains cash-related records, supports treasury operations and provides reliable information regarding daily cash activity and liquidity. The role serves as a key liaison between Accounts Receivable, Accounts Payable, Treasury and external banking partners.

Essential Functions, Duties, and responsibilities

Cash Management

· Monitors daily bank activity and records cash transactions accurately and timely

· Prepares and distributes daily cash position reports

· Performs daily cash forecasting support by identifying expected receipts and disbursements

· Initiates approved bank transfers and wire transactions

· Maintains positive pay files and other bank fraud prevention activities

· Assists with administration of corporate banking platforms and user access

Cash Application

· Applies customer payments accurately to open invoices

· Investigates and resolves unapplied cash, payment discrepancies and short pays

· Coordinates with Customer Care and Accounts Receivable to resolve remittance issues

· Processes lockbox, ACH, wire, credit card and check payments

· Maintains detailed documentation supporting payment application

Bank Reconciliations

· Performs daily and monthly bank reconciliations

· Investigates outstanding reconciling items

· Resolves banking discrepancies in a timely manner

· Supports month-end close activities related to cash accounts

Treasury Support

· Assists with daily liquidity monitoring

· Maintains banking documentation and authorized signer records

· Supports cash forecasting and working capital reporting

· Assists with implementation of banking products and process improvements

· Provides support during banking relationship reviews and audits

Controls & Compliance

· Maintains compliance with internal controls governing cash handling and banking transactions

· Protects confidential financial information

· Identifies opportunities to strengthen cash controls and improve efficiency

· Supports internal and external audit requests

Process Improvement & Technology

· Identifies root causes when the same exceptions occur, and recommends a fix for the future

· Actively explores — and suggests improvements to — automation/workflow tools relevant to the role rather than defaulting to manual workarounds

· Flags manual, redundant, or error-prone steps in existing procedures

· Escalates recurring trends and process gaps to leader

Education and Experience Requirements

· High school diploma required; Associate's or Bachelor's degree in Accounting, Finance, or related field preferred

· 1-3 years of experience in cash application, accounts receivable, or general accounting

· Basic proficiency in Excel (lookups, basic formulas) and comfort learning ERP/banking systems

Experience with ACH, wire, lockbox, or check payment processing preferred

Knowledge, Skills, and Abilities

· Strong attention to detail and accuracy when handling payment data

· Good organizational skills and ability to manage daily deadlines

· Ability to maintain confidentiality with financial information

· Comfortable communicating with internal teams and external banking partners

Pay: $29.80 - $31.70 per hour

Expected hours: 40.0 per week

Work Location: In person

Benefits:

Salary : $30 - $32