Cash Application Specialist (Temporary Assignment)

Location: Vernon Hills, IL
Schedule: Monday-Friday, 9:00 AM-5:00 PM
Duration: Temporary Assignment through approximately April 2027
Pay Rate: $23.00/hour

Our client, a well-established and growing organization in the Vernon Hills area, is seeking a detail-oriented Cash Application Specialist to join their finance team on a temporary basis. This role is responsible for processing a high volume of customer payments, reconciling cash receipts, resolving payment discrepancies, and ensuring accurate posting of transactions across multiple ERP systems.

This is an excellent opportunity for someone with Accounts Receivable, Cash Applications, or Accounting Support experience who enjoys working with numbers, maintaining accuracy, and collaborating with internal teams.

Responsibilities:

• Process and apply incoming payments including ACH/EFT, lockbox payments, wires, checks, and credit card transactions.
• Review and reconcile daily cash receipts and bank reports.
• Research and resolve unapplied cash and payment discrepancies.
• Post payments accurately within multiple ERP systems.
• Process refunds, write-offs, commissions, and intercompany transactions.
• Maintain cash receipt tracking reports and reconciliation documentation.
• Collaborate with Credit, Accounting, and offshore team members to resolve payment issues.
• Respond to internal and external inquiries regarding payment applications.
• Assist with process improvements and special projects related to cash applications.
• Support daily, monthly, and year-end cash reconciliation activities.

Qualifications:

• 1-3 years of Accounts Receivable, Cash Application, or related accounting experience.
• Strong attention to detail and accuracy.
• Ability to manage high-volume transaction processing.
• Experience with bank reconciliations and payment posting.
• Proficiency in Microsoft Excel and Outlook.
• Experience working with ERP systems strongly preferred.
• Strong organizational, communication, and problem-solving skills.
• Associate's degree in Accounting or related field preferred.

The ideal candidate is highly organized, dependable, and comfortable working in a fast-paced finance environment. They should have strong reconciliation skills, the ability to investigate payment discrepancies, and a desire to contribute as part of a collaborative accounting team.