Cash Application Specialist

Job Summary:

Cash Application Analyst

Key Responsibilities:

• Accurately apply incoming payments (ACH, wire transfers, checks) to customer accounts in

  Workday

  .
• Perform daily cash postings and reconcile unapplied/unidentified payments.
• Review and interpret

  remittance advices

  to ensure correct application of payments.
• Conduct research and resolve discrepancies, short payments, and misapplied cash.
• Communicate with internal teams and customers via email to obtain missing remittance details or resolve payment issues.
• Monitor and clear unapplied cash items on a timely basis.
• Prepare and maintain accurate cash application records and related reporting.
• Support month-end close activities and audit requirements related to AR and cash postings.
• Continuously look for process improvement opportunities and participate in automation initiatives, where applicable.

Required Qualifications & Skills:

• Minimum

  5 years of experience

  in

  Cash Application

  within a shared services or corporate finance environment.
• Proficiency in

  Workday Financials

  is

  mandatory

  .
• Strong understanding of cash application processes including ACH, wire, lockbox, and check payments.
• Experience working with

  remittance advices

  , clearing accounts, and resolving unapplied cash.
• Excellent written and verbal

  communication skills

  for handling external and internal queries.
• Strong

  analytical and problem-solving

  skills with attention to detail.
• Ability to work independently with minimal supervision and meet tight deadlines.
• Proficiency in MS Excel and working with large datasets.

Preferred Qualifications:

• Experience in a

  global or multi-currency

  cash application environment.
• Exposure to other ERPs or banking portals is a plus.
• Experience in AR-related reporting or dashboard creation.