The Cash Applications Specialist will be responsible for the timely and accurate processing and application of daily customer payments to accounts receivable. The role primarily handles lockbox checks and ACH transactions, applies payments in NetSuite, and researches and resolves any payment discrepancies or unapplied cash. Since the customer base is entirely U.S.-based, candidates should have solid experience with U.S. cash application processes and exposure to major banking institutions such as PNC, Bank of America, Chase, Wells Fargo, Citizens, or U.S. Bank.
THE COMPANY
Our client is a fast-growing U.S.-based wholesale distributor and manufacturer serving the plumbing, HVAC, mechanical, fire protection, electrical, and industrial markets. The company offers a broad portfolio of products through a nationwide distribution network, with a strong focus on reliable sourcing, product availability, quality, and efficient service for wholesale and distribution partners.
RESPONSIBILITIES




- Retrieve and review daily bank lockbox images and remittance data; match payments to open invoices in NetSuite.
- Process and post ACH payment batches daily, ensuring accurate application against customer accounts and invoices.
- Process the occasional incoming wire transfer, verifying amounts against remittance advice and posting to the correct customer account.
- Research and resolve unapplied cash, short pays, overpayments, and misapplied payments in a timely manner, coordinating with Accounts Receivable and Sales as needed.
- Reconcile daily cash receipts against the bank statement/lockbox report to ensure all deposits are accounted for and posted same-day or next business day.
- Investigate and clear discrepancies between bank deposits and system postings; elevate unresolved items promptly.
- Communicate with customers (directly or via AR/Collections) to obtain remittance detail when payments arrive without adequate backup.
- Maintain organized records of remittance advices, deposi

📌 Cash Application Specialist (Canoas)
🏢 MRINetwork
📍 Canoas