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We are looking for a part-time Cash Application Specialist to support a high-volume manufacturing environment in Minnetonka, Minnesota. This Long-term Contract position is ideal for someone who is highly detail-oriented and confident managing large volumes of payment activity with accuracy and efficiency. The role will focus on applying customer payments, researching exceptions, and helping maintain timely cash posting within the accounts receivable process.
Job Responsibility:
Process a high volume of incoming payments and apply cash accurately to customer accounts in a timely manner
Review lockbox activity and electronic payment transactions, posting routine items while investigating exceptions that require manual resolution
Handle unapplied and partially applied payments by researching account details and determining the correct posting treatment
Manage adjustments, offsets, and credit card-related payment activity in accordance with established procedures
Use SAP to record and update payment activity while maintaining accurate accounts receivable records
Access and review bank-provided Excel files to identify unapplied items, posting issues, and other payment exceptions
Collaborate closely with team members to balance workloads and provide support across shared cash application tasks as priorities shift
Take on additional finance or accounts receivable duties as assigned to support daily operations
Requirements:
Experience in cash application, cash posting, or accounts receivable within a high-volume processing environment
Working knowledge of SAP for payment posting, account research, or related accounts receivable activities
Ability to process electronic payments, lockbox transactions, and credit card payments with strong attention to detail
Proficiency in Excel, including the ability to navigate spreadsheets and review payment-related bank reports
Strong problem-solving skills for researching unapplied cash, partial payments, and posting discrepancies
Ability to manage repetitive, detail-driven work while maintaining speed and accuracy
Effective teamwork and communication skills, with a willingness to assist others as workloads change