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We are always looking for amazing talent who can contribute to our growth and deliver results! Geotab is seeking a Cash Application Specialist who will be responsible for accurately applying customer payments to the appropriate accounts and invoices, reconciling discrepancies and ensuring timely posting of cash receipts. If you love technology, and are keen to join an industry leader — we would love to hear from you!
As a Cash Application Specialist your key area of responsibility will be contacting customers as necessary to obtain payment remittance backup and/or to determine proper payment application and reviewing, reconciling & posting all daily customer payment files for all forms of payment (e.g., Automated Clearing House (ACH), wire, credit card, cheque). You will need to work closely with stakeholders within the organization to ensure the satisfaction of all customers.
To be successful in this role you will be a strong team-player with the ability to engage effectively with all levels of the organization, highly organized and able to manage multiple tasks and projects simultaneously to meet month-end deadlines. In addition, the successful candidate will have high accuracy and meticulous attention to detail in handling financial data and possess excellent verbal and written communication skills.
Handle cash application disputes – i.e. research misapplied payments, missing cheques or unidentified cheques and apply correctly or refund.
Handle Accounts Receivable (AR) disputes – i.e. research unapplied credits and apply or reverse as needed.
Process credit cards (recurring monthly and daily one offs).
Process ACH debit transactions.
Perform all necessary month-end checks, intercompany postings and reconciliations to ensure accuracy.
Take responsibility for the timely closing of payment postings to meet month end deadlines.
Proactively communicate with clients regarding expiring payment instructions (e.g., credit cards) to ensure uninterrupted and timely receipt of future payments.
1-3 years of accounts receivable, cash application, or similar role.
Understanding of cash application processes and best practices.
Familiarity with Enterprise Resource Planning (ERP) systems.
Knowledge of various payment types (ACH, wire, credit card, cheque) and their processing.
Skill in researching and resolving cash application disputes (misapplied payments, missing/unidentified cheques, unapplied credits).
Competence in using software programs, including Google Suite for business (Sheets, Docs, Slides) and Excel.
Ability to research and resolve discrepancies and issues related to cash application and accounts receivable.
Flex working arrangements
Home office reimbursement programBaby bonus & parental leave top up programOnline learning and networking opportunitiesElectric vehicle purchase incentive programCompetitive medical and dental benefitsRetirement savings program*The above are offered to full-time permanent employees only
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