Cash Application Specialist
Company Description
Zayo provides mission-critical bandwidth to the world’s most impactful companies, fueling the innovations that are transforming our society. Zayo’s 133,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. Zayo’s communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated Internet access, and colocation services. Zayo owns and operates a Tier 1 IP Backbone and 44 carrier-neutral data centers. Through its Cloudlink service, Zayo provides low latency private connectivity that attaches enterprises to their public cloud environments. Zayo serves wireless and wireline carriers, media, tech, content, finance, healthcare and other large enterprises.
Position Description
The Cash Application Specialist will be responsible for handling bank statements, customer payments preparing journals and working across multiple entities and currencies. They will work closely with the Accounts Receivable team to ensure customer account balances are accurate, reconciling any discrepancies.
Responsibilities
- Process cash receipts for assigned entities
- Complete Research Projects assigned by Manager
- Assist in the reconciliation of intercompany transactions
- Respond to inquiries through telephone or email queue regarding remittance advice
- Download multiple bank statements
- Enter customer payments into Oracle
- Apply payments to customer invoices
- Prepare journals to enter transactions resulting from payments; checks, ACH, wires, credit cards, etc.
- Manage the cash application function with the goal of applying and posting all-cash each month
- Work across multiple entities and currencies within Oracle
- Work with the A/R team regarding customer account balances
- Research billing account information
- Reconcile customer accounts, move payments, credits and adjustments across accounts as required
- Research all items in Unapplied Cash account and keep the balance as small as possible
- Ability to perform detailed error-free repetitive work is required
- Involve and work with other departments as necessary to resolve any customer issues
Qualifications
- Minimum 2-3 years of direct experience with high volume/high dollar cash applications
- Proficient in Microsoft Office, primarily Excel
- Knowledge of Oracle and Salesforce a plus
- Accounting experience preferred
Rewards
- Competitive compensation
- Excellent benefits including health, dental, vision, 401 (k), disability and life insurance
- Fitness membership discounts
- Generous paid time off policy including paid parental leave