We are looking for a detail-oriented Cash Application Specialist to join our team in Lakeville, Minnesota. In this long-term contract role, you will play a vital part in managing financial transactions and ensuring accurate cash application processes. This position offers an opportunity to contribute to the success of a dynamic organization within the food and food processing industry.<br><br>Responsibilities:<br>• Process incoming payments and apply them accurately to customer accounts.<br>• Monitor and reconcile accounts receivable to ensure proper cash posting.<br>• Investigate and resolve discrepancies in payment applications.<br>• Collaborate with internal teams to address payment issues and improve processes.<br>• Generate reports related to payment applications and accounts receivable.<br>• Maintain organized records of all cash transactions and posting activities.<br>• Assist in month-end closing tasks related to cash applications.<br>• Ensure compliance with company standards and financial regulations.<br>• Provide support for audits by preparing necessary documentation.<br>• Identify opportunities to enhance efficiency in cash application procedures.

• Proven experience with cash applications and accounts receivable processes.<br>• Proficiency in posting payments and reconciling financial transactions.<br>• Strong analytical skills to identify and resolve discrepancies.<br>• Familiarity with financial systems and tools used for cash application.<br>• Excellent attention to detail and organizational abilities.<br>• Ability to communicate effectively and collaborate with cross-functional teams.<br>• Knowledge of compliance standards related to financial transactions.<br>• Prior experience in the food and food processing industry is a plus.

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