Cash Application Specialist

Job description

Summary: This position is responsible for applying cash against open Accounts Receivable (A/R) for both advertising and/or circulation accounts. This position assists in account research, A/R reporting and aging, and other accounting tasks as needed. Please note: This position will be on-site at our office in Willoughby, OH. What you will do: Key Mavro and run the lockbox to Advertising interfaces Work error reports from interfaces (such as from the lockbox) Apply payments that were identified as exceptions from the lockbox operation Perform account research on A/R balances to provide advertisers with statements and account history Process any manual cash applications: Reconcile bank receipts to the Accounts Receivable balances Critical customer service support to sales organization and outside customers Prepare and submit balance write-offs: Work misapplied/unapplied balances. Research account balances to correct issues Field questions from sales organization on open balances and accounts on credit hold Complete credit card, lockbox, and e-lockbox processes Use and maintain A/R collections module in Circulation System(s) Perform daily cash balancing and reconciliation including th...