Cash Application Specialist - remote (RO, 062202)

Can you bring your finance experience to our team? Join our team in Romania and enjoy a collaborative culture that empowers you to build a career you can be proud of. This role is fully remote.

What you would do as our Cash Application Specialist

You will accurately receive and apply payment remittances from our North American and Canadian business partners for products and services. The ideal candidate has experience working successfully in a fast-paced, remote environment and is comfortable working with lockbox and banking information, as well as interpreting remittance data for electronic payments such as wire, bank transfers (ACH), and credit card transactions. Additionally, this position requires detailed knowledge of Payment Card Industry (PCI) compliance rules and guidelines and the ability to demonstrate that understanding through day-to-day work. Experience applying cash application best practices that drive efficiency and productivity is essential.

You would also:

• Use online banking applications (US, Canada, etc.) to view, research, and apply incoming lockbox receipts by receipt number, customer name, and other search criteria and review, research and validate cash and credit transactions in Microsoft Dynamics AX and SAP.
• Accurately apply receipts at the invoice header level for both system-generated and manual invoices and work directly with the appropriate party when additional information is required and cccurately apply receipts against invoices for AIA or Payment Application projects (construction projects).
• Periodically review credit balances to determine whether a refund is required, a payment application error occurred, or the credit balance should be recognised as revenue; then initiate the appropriate action.
• Research, consolidate and correct any misapplied funds identified during the daily routine activities fully abiding by the policies and procedures as set by the Accounts Receivable Supervisor and Complete research requests related to potential misapplied payments or payment inquiries within a 48-hour turnaround time, maintaining accurate records and supporting documentation.
• Research and process any refunds that are validated during the daily routine activities fully abiding by the policies and procedures as set by Accounts Receivable Manager.

The skills and experience you need

We are looking for someone who:

• Has 2 – 4 years of finance/accounting experience in a fast-paced, deadline-driven environment and 2+ years of cash application processing experience.
• Has knowledge of processing various banking transactions (ACH, wire, credit card, virtual card, lockbox—both full-service and deposit-only), knowledge of SAP or Microsoft Dynamics AX is advantage.
• Is detail-oriented, with the ability to review data to identify variances, trends, and errors, has ability to follow instructions and procedural guidelines and has strong organisational and time-management skills, including the ability to manage multiple competing priorities.
• Provides a high level of customer service, must possess excellent mathematical skills and is coachable, reliable, and must display a positive attitude during stressful situations.
• Thrives in a complex, fast-paced environment that offers continuous learning of software applications and operational improvement and has strong interpersonal and communication skills; speaks and writes in a clear, concise, and grammatically correct professional manner and is flexible to work extra hours as needed to ensure all billing deadlines are met.

What we offer

We’re passionate about providing amazing opportunities and benefits, so you can continue and progress a lifelong career with us – here’s what we have to offer:

• Learning and career development opportunities, whether it’s online learning, management training or enhancing your skills.
• A competitive salary and incentive schemes.
• Stable employment in a friendly international atmosphere
• Flexible working hours
• Generous and competitive total rewards package
• Supportive and accessible leadership team and a solid values platform that underpins who we are and how we operate.

We review applications regularly, so don’t wait

We are building diverse, inclusive teams, and encourage applications from everyone who can see themselves working with us. Make sure your personal data is safe, we don’t look at any applications sent by email or post. If you have any questions about the role or the process, email Monika Fikrová, Talent Acquisition Business Partner, at monika.fikrova@assaabloy.com.

Let’s create a safer and more open world - together!

To find out more about us, visit www.assaabloy.com

We are the ASSA ABLOY Group
Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 63,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces – physical and virtual – safer, more secure, and easier to access.

As an employer, we value results – not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions – supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.

As we welcome new people on board, it’s important to us to have diverse, inclusive teams, and we value different perspectives and experiences.