Job summary
the cash application coordinator is responsible for supervising the daily cash application activities, ensuring accuracy in payment processing, reconciliations, and reporting. This role provides oversight and guidance to analysts, coordinates with internal departments and external customers, and drives process improvements to optimize cash flow and maintain compliance with financial policies. The coordinator serves as the first point of escalation for complex issues and ensures that team objectives are met on time with high quality.
key responsibilities
* assign and monitor daily workloads to ensure timely and accurate cash application.
* review and approve reconciliations, credit/debit memos, and exception handling.
* ensure all incoming payments (ach, wire, checks, lockbox) are applied correctly and within sla.
* oversee monthly bank reconciliations and resolve discrepancies promptly.
* document follow-up on debits issued against payments and ensure supporting backup is received.
* serve as the first point of escalation for unapplied cash, remittance issues, or disputes.
* monitor team performance metrics and implement corrective actions when needed.
* act as liaison between cash application, accounts receivable, billing, and treasury teams to resolve discrepancies.
* support internal and external audits with timely and complete documentation.
* identify and implement process improvements and support automation initiatives.
* ensure compliance with internal policies, procedures, and sox controls.
* prepare and analyze reports on unapplied cash, payment trends, and team productivity.
* perform additional tasks and special projects as assigned.
qualifications
required:
* bachelor’s degree in accounting, finance, or related field; or equivalent relevant experience.
* 3–5 years of experience in accounts receivable, cash application, or accounting functions.
* previous experience coordinating or leading a small team (preferred within finance/ar).
* strong understanding of ar processes, reconciliations, unapplied cash, and exception handling.
* advanced microsoft excel skills (pivot tables, vlookup, data analysis).
* erp/accounting system proficiency (e.g., oracle, ax, as 400).
* strong organizational, communication, and leadership skills.
* ability to manage multiple priorities, meet deadlines, and resolve issues under pressure.
preferred:
* experience with lockbox, bank portals, and payment automation tools.
* prior involvement in audit support and sox compliance.
* exposure to process improvement or project leadership within finance.
equal opportunity and other policies
cvg is an equal opportunity employer
commercial vehicle group, inc (cvg) is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability, or protected veteran status.
visa sponsorship
commercial vehicle group, inc (cvg) does provide sponsorship for employment visa status based on business need. However, for this role, applicants must be currently authorized to work in the country of the job posting location on a full-time basis.
no unauthorized referrals from recruiters & vendors
please note that commercial vehicle group, inc (cvg) and any of its affiliated companies does not seek or accept unsolicited resumes or offers from third party recruiters or staffing agencies associated with any published or unpublished employment opportunities. Any unsolicited information sent to cvg will be considered as unencumbered and free from any fee or charge whatsoever. Only members of our human resources team have the authority to engage or authorize recruiting services, which must be agreed upon before any resume or offer is received.
career scam disclaimer
commercial vehicle group (cvg) makes no representations or guarantees regarding employment opportunities listed on any third-party website. To protect against career scams, job applicants should take the necessary precautions when interviewing for and accepting employment positions allegedly offered by cvg. Applicants should never provide their national id numbers, birth dates, credit card numbers, bank account information or other private information when communicating with prospective employers or responding to employment opportunities online. Job applicants are invited to contact cvg through cvg’s website to verify the authenticity of any employment opportunities.
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