What are the responsibilities and job description for the AR Specialist (Cash Applications) position at Vaco by Highspring?
Title: AR Specialist (Cash Applications)
Location: Buckhead - Atlanta
On-Site 5x a week (Mon-Fri)
Industry: Software/Technology Services
Compensation: $60,000-65,000/year
Vaco is partnering with a growing software company seeking an AR Specialist located in Atlanta - Buckhead. The Accounts Receivable Specialist is responsible for ensuring timely and accurate processing of incoming payments, with a primary focus on cash applications and lockbox activity. This role supports the AR cycle by applying customer payments, reconciling accounts, resolving discrepancies, and maintaining strong communication with internal teams and external partners. The position also provides light support to Accounts Payable as needed for issuing checks.
Key Responsibilities
Location: Buckhead - Atlanta
On-Site 5x a week (Mon-Fri)
Industry: Software/Technology Services
Compensation: $60,000-65,000/year
Vaco is partnering with a growing software company seeking an AR Specialist located in Atlanta - Buckhead. The Accounts Receivable Specialist is responsible for ensuring timely and accurate processing of incoming payments, with a primary focus on cash applications and lockbox activity. This role supports the AR cycle by applying customer payments, reconciling accounts, resolving discrepancies, and maintaining strong communication with internal teams and external partners. The position also provides light support to Accounts Payable as needed for issuing checks.
Key Responsibilities
- Accounts Receivable - Cash Applications & Lockbox (Primary Focus)
- Process daily cash receipts from multiple sources, including lockbox files, ACH, wire transfers, credit card payments, and manual checks.
- Accurately apply payments to customer accounts and invoices in the ERP system.
- Review and reconcile lockbox reports, ensuring all payments are properly identified and posted.
- Research unidentified or misapplied payments and work with customers or internal teams to resolve issues.
- Maintain up?to?date customer account records and support month?end AR close.
- Monitor aging reports and assist with resolving payment discrepancies or short pays.
- Collaborate with the credit/collections team to support timely cash flow and customer account accuracy.
- Accounts Payable (Secondary Responsibilities): Assist with issuing checks, support payment runs, including checks, ACH, and electronic payments.
- Provide backup support to the AP team
- 3-5 year of AR experience in Corporate AR (Cash Applications, Lockbox payments, account reconciliations etc.)
- MS Excel - Intermediate
- SaaS industry experience (preferred)
- Salesforce experience (preferred)
- Must be able to be on-site 5x a week in Atlanta - Buckhead location (required)
Salary : $60,000 - $65,000
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