Cash Application Administrator

Spectraforce Technologies
United States, Iowa, Ankeny
Aug 18, 2025
Job Title-Cash Application Administrator Job Location-Ankeny, Iowa 50021 Job Duration-6 Months Job Description: The Administrator, Cash Applications, functions daily to ensure the timely and accurate posting of incoming cash. The daily cash application functions include Lockbox, ACH, Wires, and other Electronic Data Interface (EDI) payments. The position researches and follows up on any insufficient remittance details, updates customer notes relevant to payment transactions. The Administrator also assists the Accounts Receivable (AR) Collectors to resolve un-posted or misapplied cash issues. A fair amount of research and analysis is required on some complex accounts. Primary duties and responsibilities include: Run the daily lockbox program, ensuring all cash is posted to the correct account/companies. Review, analyze, and post-process the lockbox data. Daily communications with the bank to resolve differences. Maintain proper records of unresolved posting issues. Research incoming cash downloads from accounting and process wires, including international. Write-off clearing, cash/lockbox reconciliation, support audit activities, and special projects. Handle lockbox correspondence, shared mailbox, and other duties as they come. Work with the deductions Analyst to correctly identify deductions taken by customers. Build Quality into all aspects of work; strong attention to detail and accuracy. Able to promptly report any non-compliance issues to the appropriate administrator. Qualifications/education/experience: Associate degree or an equivalent combination of education and relevant accounts receivable experience (2-5 years). Related experience in the cash application function is strongly desired. Detail-oriented, Strong Work Ethic, Ability to prioritize tasks in a fast-paced environment. Customer Focused Teamwork and Collaboration Skills Strong interpersonal, oral, and written communication skills. Experience with JDEdwards is a plus. Intermediate skills with Microsoft Office products such as Outlook, Word, Excel, and PowerPoint.