What are the responsibilities and job description for the Cash Applications Specialist position at TestEquity LLC?
Description
Summary/Purpose of the Position:
The Cash Applications Specialist is responsible for applying cash receipts (Credit Cards) in a timely fashion to ensure all the account balances are accurate and current. Due to the daily volume of cash receipts, the applicant must be a detail-oriented individual who enjoys a fast-paced, high-volume environment. This position functions somewhat autonomously but applicants need to be a team player as they will engage with the Credit & Collections team to reconcile accounts.
Essential Duties, Functions And/or Responsibilities
Education and/or Work Experience Requirements:
TestEquity provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Summary/Purpose of the Position:
The Cash Applications Specialist is responsible for applying cash receipts (Credit Cards) in a timely fashion to ensure all the account balances are accurate and current. Due to the daily volume of cash receipts, the applicant must be a detail-oriented individual who enjoys a fast-paced, high-volume environment. This position functions somewhat autonomously but applicants need to be a team player as they will engage with the Credit & Collections team to reconcile accounts.
Essential Duties, Functions And/or Responsibilities
- Process Credit Card transactions in CSD (ccpayments@testequity.com)
- Communicate with customers on Unapplied Cash for offset and Credit Card issues
- Post Miscellaneous deposits such as adjustments, wire transfers, Interco transactions to GL
- Organize and forward email and store deposit remittances and other deposit information
- Prepare, research, post total deposit to the bank including incoming checks, CWO
- Pull remittance from portals, bank, email (AR@TestEquity.com)
- Review Banking details with customer
- Indirectly responsible for product quality
- Other duties as assigned
Education and/or Work Experience Requirements:
- Associates Degree in Accounting / Finance, or related field preferred
- 1 years of Cash Application or General Accounting experience is required
- Must be detail-oriented, organized, deadline-driven and accurate
- Must have a high energy level and enjoy working in a fast-paced, high-volume environment
- CSD experience is preferred
- Strong Data Entry Skills
- Excel skills required for researching open items and processing adjustments
- Ability to safely and successfully perform essential job functions in accordance with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative and/or quantitative productivity standards.
- Ability to maintain regular and timely attendance in accordance with the ADA, FMLA, and other federal, state, and local regulations.
TestEquity provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.