Cash Application Specialist
Porter Pipe & Supply
- Location
- Addison, IL
- Work style
- On-site
- Job type
- Full time
- Posted
- Oct 15
- 6 days ago
Career path
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About the company
Porter Pipe & Supply
Wholesale · 51 to 200 employees
At Porter Pipe & Supply, CULTURE IS EVERYTHING, and our mission is at the heart of all we do: Through faith in God, we are dedicated to ridiculously good service, honesty, and integrity in all we do. A positive attitude and attention to detail will ensure complete customer satisfaction. We are a Certified Great Place to Work!
What you'll do
- Accurately process and apply customer payments to the appropriate accounts and invoices.
- Process and record credit card payments accurately and timely.
- Review daily payment activity, including ACH, wire transfers, checks, and electronic payments.
- Research and resolve unapplied cash, payment discrepancies, and unidentified transactions.
- Reconcile payment records against bank deposits, remittance details, and accounts receivable balances.
- Review remittance information to ensure payments are posted accurately and timely.
- Identify short payments, overpayments, duplicate payments, and other posting errors.
- Assist with researching and resolving Billtrust errors to ensure accurate payment processing and cash application.
- Assist with Billtrust integration and payment data transfers into the ERP system, troubleshooting errors and ensuring accurate transaction posting.
- Maintain accurate records of cash applications and supporting documentation.
- Collaborate with internal departments, including Accounts Receivable, Collections, and Accounting, to resolve payment issues.
- Monitor unapplied cash balances and assist with clearing outstanding items in a timely manner.
- Follow established financial procedures, internal controls, and confidentiality requirements.
- Meet daily processing deadlines while maintaining a high level of accuracy and productivity.
- Identify opportunities to improve cash application processes and operational efficiency.
- Perform other duties as assigned.
What you need
- Accurately process and apply customer payments to the appropriate accounts and invoices.
- Process and record credit card payments accurately and timely.
- Review daily payment activity, including ACH, wire transfers, checks, and electronic payments.
- Research and resolve unapplied cash, payment discrepancies, and unidentified transactions.
- Reconcile payment records against bank deposits, remittance details, and accounts receivable balances.
- Review remittance information to ensure payments are posted accurately and timely.
- Identify short payments, overpayments, duplicate payments, and other posting errors.
- Assist with researching and resolving Billtrust errors to ensure accurate payment processing and cash application.
- Assist with Billtrust integration and payment data transfers into the ERP system, troubleshooting errors and ensuring accurate transaction posting.
- Maintain accurate records of cash applications and supporting documentation.
- Collaborate with internal departments, including Accounts Receivable, Collections, and Accounting, to resolve payment issues.
- Monitor unapplied cash balances and assist with clearing outstanding items in a timely manner.
- Follow established financial procedures, internal controls, and confidentiality requirements.
- Meet daily processing deadlines while maintaining a high level of accuracy and productivity.
- Identify opportunities to improve cash application processes and operational efficiency.
- Perform other duties as assigned.
- Education: a high school diploma or an associate degree
Key skills
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Perks
- Learning and development
- Career advancement
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