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Title:  Cash Application Clerk

Requisition Id:  1585
Job Function:  Finance
Career Area:  Corporate Jobs
Position Purpose:

Coordinates the daily Cash Applications team activity, including check, credit card, ELockbox, EBill and EFT batch transactions and timely application of unapplied payments. Responsible for the daily posting of the more complex cash transactions and customer account reconciliation; weekly statistical reporting and monthly reconciliations for bank activity to general ledger. Oversees the annual processing of 1, 470M transactions, totaling $1,318 Billion, including 509K exceptions.

Key Job Activities:

1) Independently handles and resolves issues related to cash application for specialized customer accounts (Affiliated and Acquisition) and reconciliation of more complex customer accounts including, but not limited to transfers, reversals, check inquiries, refund requests and write-offs. This includes LQ, IWSS and Government accounts.

2) Monitors daily payment batch activity and independently makes necessary assignment adjustments to ensure completion within established time frames and monitors script for auto application of payments when applicable. Maintains the “Do Not Apply Forward” customer account listing.

3) Compiles statistical data for the weekly work condition report in order to track unapplied cash, batch posting, suspense accounts and refunds within required deadlines. Runs additional queries to evaluate, measure, and monitor team output and quarterly goals. Recommends solutions to improve processes and outcomes.

4) Responsible for the monthly reconciliation for balancing the bank activity to general ledger and validity of the inter-company ledger account transfers within required deadlines.

5) Trains new hires and assists with decisions with the rotation of duties to ensure that all job functions have sufficient backup.

6) Cross-trained to backup all Cash Application Clerk duties

7) Performs other related duties as required or requested

Education:
Required Education: in High School or Equivalent
Experience (North America & LATAM):
Required Years of Experience: 2-4
Experience (EMEAA):
Certifications and/or Licenses:
Disclaimer:

The above description is meant to provide a summary of the nature and level of work being performed; it should not be construed as an exhaustive list of all responsibilities, duties and requirements of the job or person. This document does not create an employment contract, implied or otherwise. Stericycle will consider requests for workplace accommodations for protected physical or mental limitations in accordance with its human resources policies and local laws.To the extent permissible under local law, and consistent with business necessity, Stericycle reserves the right to modify the content formally or informally, either verbally or in writing, at any time with or without advance notice.


Nearest Major Market: Indianapolis