Cash Applications Specialist at Advanced Group in Chicago, Illinois

Posted in Other 12 days ago.





Job Description:


Cash Applications Specialist

Job Locations

US-IL-Chicago










Req No.
2021-15841
Category
Accounting/Finance

Overview

Advanced Group leverages over 30 years of expertise in talent acquisition, staffing, and outsourcing solutions to operate the award-winning Advanced Group family of brands, including Advanced Clinical, Advanced Resources, Advanced RPO, and WunderLand Group. Together, with mastery across professional disciplines and global markets, we're dedicated to make a difference, every day, for our clients, our candidates, each other, and our communities. Advanced Group's Shared Services team provides corporate services such as Marketing, Human Resources, Finance & Accounting, IT, and Operations to each of our brands. Our employees are the foundation of our energetic and collaborative environment, where constant learning and service to others take top priority. We seek dynamic, hard-working team members who are inspired to work amongst diverse backgrounds and perspectives. From our altruistic mission to outstanding career development opportunities, there's no better place to grow your career than Advanced Group.

The Cash Application Specialist is responsible for the accurate and timely application of payments to invoices. In addition, this position will work the Collections team and Operations team to resolve any issues that may delay the posting of cash, inclusive of applying credits or researching remittances. This position supports internal and external customers through effective communication.

Responsibilities

    Process and post deposits received for all Advanced Group companies on a daily basis
  • Reports to be pulled down from the bank daily

  • Ensure that adequate documentation is maintained to support all payments

  • Work with the Front Office Staff and Shared Services departments to record and rectify any variances

  • Work within the VMS system for cash reconciliations utilizing Excel

  • Maintain the cash on account to within a predetermined threshold

  • Effectively contact clients to resolve cash posting issues

  • Work with the Accounts Receivable Team to resolve

  • Maintain customer and portal information

  • Work directly with the AR and Billing departments on any issues found

  • Assist Manager in developing the procedures for VMS system and Cash Posting function

  • Train new members of the team in designated duties

  • Cross train to support other team members as necessary

  • Report status updates to management as requested

  • Complete ad hoc report/analysis requests as needed

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Skills and Systemn Knowledge


  • Above average knowledge of Excel (formulas and pivot tables)

  • Working knowledge of MS Office programs

  • Excellent communication skills, both verbal and written

  • Above average attention to detail

  • Sense of urgency

  • Customer service focused

  • Planning and organizational skills

  • Above average problem solving and analytical skills

  • Preferred - VMS experience

Education / Experience / Competencies


  • BA/BS degree or equivalent work experience. (preferred)

  • 2 years experience in a similar role with a proven track record of success.

At Advanced Group, our commitment to diversity and inclusion in every part of our organization is crucial to fulfilling our mission and demonstrating our REAL values. A diverse staff allows us to effectively draw on different perspectives and enhance our efficiency and effectiveness. Diversity thereby strengthens the legitimacy and relevance of Advanced Group in delivering services to our clients. We seek talented, creative individuals from a variety of backgrounds and cultures to work with us. It is our priority that our workplace be inclusive, welcoming of diverse ideas and appreciative of valuable experience.

We are committed to a long-term flexible, hybrid work model. Our company offices are where we gather for collaboration and culture-building, and available for "heads down" work when it is the employee's choice.

It is Advanced Group's practice not to discriminate against any employee or applicant because of sex, race, color, age, national origin, religion, gender identity or expression, sexual orientation or sexual preference, pregnancy or maternity, genetic information, marital status, disability, veteran status, or any other basis protected by applicable federal, state or local law.

This practice applies to all terms and conditions of employment including, but not limited to, hiring, training, compensation, benefits, promotions, transfers, layoff, Company-sponsored education, social and recreational programs, and treatment on the job. If you have a disability or handicap and would like us to accommodate you in any reasonable way, please inform your recruiter so that we can discuss the appropriate alternatives available.