Cash Application Specialist

POSITION OVERVIEW: Receive and process all incoming payments. Complete general ledger accounting duties including financial statement analysis, general journal entry preparation, analyzing and maintaining account reconciliations, compliance tax work assistance, and assistance with annual financial audit.

POSITION FUNCTIONS*

Percentage

Position Functions

80%

Accounts Receivable (AR)

• Perform daily remote check deposit including receiving, scanning, and correctly retaining incoming check payments.
• Apply customer account payments and credits including checks, ACH, wire transfers, and credit card payments according to remittances details.
• Process customer deductions including discounts, freight, compliance violations, credit/debit memos, zero-dollar payments, and miscellaneous offsets.
• Understand and use proper GL account coding when processing transactions.
• Ensure AR, cash, and other related registers balance with general ledger daily and at month end.
• Enter journal entries to record bank transfers.
• Maintain physical AR files daily, weekly, and annually.
• Research and understand AR transactions within SAP.\
• Collaborate with credit and sales teams to keep customer account balances clean.

10%

Accounting

• Prepare and respond to requests from external auditors and tax preparers.
• Cross train in other areas of accounting as needed including covering supervision duties when needed.

10%

Administrative

• Main confidentiality inside and outside the department.
• Document and maintain position duties.

NA

Other duties as assigned to meet the needs of the organization.

Qualifications

MINIMUM QUALIFICATIONS

Associate’s degree in accounting.

Preferred Qualifications

One to three years of accounting experience preferred.

Bachelor’s degree in accounting.

Required Skills

Exercises judgment within broadly defined practices and policies.

Makes sound decisions based on analysis, discussion, experience, and judgment.

Demonstrated team player with active participation in meetings.

Demonstrated understanding, interpretation, and application of GAAP accounting rules.

Strong planning and project management skills.

Strong ability to transition efficiently from working independently to working collaboratively.

Anticipates emerging and future trends accurately based on broad knowledge and perspective.

Excellent math and analytical skills.

Excellent written and verbal communication skills, with ability to communicate at all levels of the organization including with the board.

Develops and maintains interpersonal relationships.

Strong organizational and problem-solving skills, attention to detail, and the ability to balance multiple priorities.

Responsible to appropriately protect the confidentiality, security, and integrity of the organization’s systems and data as well as client data. Understand and comply with the Mueller Quality System and current regulatory requirements.

Preferred Skills

Demonstrated experience utilizing an ERP. SAP experience preferred.

PHYSICAL REQUIREMENTS: While performing the duties of this job, the team member is required to have ordinary ambulatory skills; ability to stand or sit, bend or stoop, and manipulate (lift, carry, move) light weights of up to 25 pounds. Requires good hand-eye coordination, arm, hand, and finger dexterity, including ability to grasp, and visual acuity to use a keyboard, operate office equipment and read. The team member frequently is required to sit, reach with hands and arms, talk, and hear. Position requires frequent typing.