Cash Application Specilaist

Cash Application Specialist

Looking for your next accounting opportunity? We are seeking an experienced Cash Application Specialist for a temporary assignment with a well-established organization. If you have strong Accounts Receivable experience, enjoy problem-solving, and thrive in a detail-oriented environment, we'd love to hear from you!

Location: Pasadena, CA 91101 (100% Onsite)

Schedule: Monday-Friday | 8-hour shift between 7:00 AM and 5:00 PM

Pay Rate: $29.00/hour Duration: 3-4 Month Assignment with possibility of extension or permanency

Position Summary

The Cash Application Specialist will play a key role in supporting the Accounts Receivable team by ensuring timely and accurate application of customer payments. This position requires strong attention to detail, analytical thinking, and the ability to investigate and resolve payment discrepancies while maintaining financial accuracy.

Responsibilities

• Process and apply customer payments received through ACH, wire transfers, checks, lockbox, and credit card transactions.
• Match payments accurately to open invoices and customer accounts.
• Research and resolve payment discrepancies, including short payments, deductions, and unapplied cash.
• Perform daily bank reconciliations and verify account balances.
• Partner with internal departments to investigate and resolve deduction-related issues.
• Prepare journal entries and account adjustments for management review.
• Maintain accurate and organized records of all cash application activities.
• Collaborate with Accounts Receivable, Operations, and Customer Service teams to address payment concerns.
• Utilize ERP systems and Microsoft Excel to track, reconcile, and report transactions.

Qualifications

• 2-3 years of experience in Cash Applications, Accounts Receivable, or a related accounting role.
• Strong analytical, organizational, and problem-solving skills.
• Exceptional attention to detail and commitment to accuracy.
• Proficiency in Microsoft Excel.
• Experience working with ERP systems is required; JD Edwards experience is a plus.
• Construction industry experience is highly preferred.
• Bachelor's degree in Accounting, Finance, or a related field preferred, but not required.
• Ability to work independently while effectively partnering with cross-functional teams.