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Cash Application Specialist



Software Engineering
Los Angeles, CA, USA
Posted on Thursday, July 4, 2024

Cash Application Specialist POST NUMBER: 416290

Los Angeles, CA, US On-Site
July 3rd, 2024
$ 28.00 - 31.00 hourly
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Vaco Los Angeles is looking for an experienced and talented AR and Cash Application Specialist to join one of our client's exciting accounting team. A basic understanding of accounting, standard accounts receivables procedures, processing payments, and a positive attitude is essential. The ideal candidate will have a willingness to learn and grow! This role can pay up to $34/hr and is fully remote. NetSuite and cash application experience is a must!

Duties and Responsibilities:

  • Ensure collectors are making sufficient outbound calls to delinquent customer accounts
  • Support collection and cash application teams with escalations and guidance
  • Work cross functionally within the organization to resolve issues
  • Review and recommend accounts for research and reconciliation
  • Perform collection activities as a hands on member of the collection team
  • Provide coaching to collection team
  • Review the follow request for accuracy, completeness and justification – Credit memo, refunds and payment adjustments.
  • Establish and review collection metrics daily to adjust individual and or team priorities
  • Keep AR management team abreast of issues and concerns that affect team productivity and performance
  • Assign tasks to team members based on planned and unplanned absences to ensure workload remains equitable.

Qualifications and Skills:

  • Associate degree in Accounting/Finance (Preferred)
  • Understanding of basic accounting principles including accounts receivables, accounts payable, invoicing, credits, debits, chargebacks and credit terms.
  • Demonstrated experience in implementation AR and collection
  • Strong Organizational Skills
  • Excellent Communication skills
  • Experienced using ERP Applications, NetSuite required

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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