Coordinator, Cash Control

Job description

About You or Position Summary: The Cash Applications Coordinator is directly responsible for performing data entry and related duties for payments received. This includes maintaining ledgers, credit balances, and resolving account irregularities. The Cash Applications Coordinator will also generate refunds, adjustments, and any other accounting transactions requests related to A/R management. This position involves diplomatic interaction with customers to provide payment information and billing support in order to facilitate swift payment of invoices due to the organization. Primary Accountabilities: - Cash Posting and Daily Balancing (95%) - Retrieve payment data daily from banks and other money sources and prepare for posting - Post payments to various applications/systems to ensure that aging data is maintained in an accurate and timely manner - Prepare and scan physical checks for deposit to bank - Complete analysis and review of clients’ DSO - Review credit balances, refunds, and adjustments, and apply adjustments and/or corrections to invoice records - Balance daily posting batches to bank data; prepare and distribute reconciliation reports and statistics to key personnel - W...