Cash Application Clerk - 3 Months

Founded in 2001, Fed Finance specializes in temporary and permanent recruitment for accounting and finance professionals. Our consultants are all experts and speak your language. We are committed to supporting you throughout your job search and at every stage of your career.


Hello, I'm Bianka, Senior Team Leader at Fed Finance, a recruitment firm specializing in accounting, finance, and payroll positions. I handle both temporary and permanent recruitment in the Greater Montreal area.

Responsibilities
- Cash Receipts and Payment Application
- Process daily cash receipts, including checks, wire transfers, bank payments, ACH, EFT, and other payment methods.
- Perform cash application activities by accurately applying customer payments to outstanding invoices.
- Reconcile received payments, customer remittances, and open invoices.
- Identify and analyze payment discrepancies, including short payments, deductions, and partial payments.


Accounts Receivable and Reconciliations
- Maintain accurate and up-to-date customer accounts in the accounting system.
- Perform reconciliations between bank deposits and recorded cash receipts.
- Collaborate with the Accounts Receivable and Credit teams to resolve payment discrepancies and account issues.
- Support month-end activities, including reconciliations, reporting, and journal adjustments.


Controls and Compliance
- Adhere to established internal controls and financial procedures.
- Ensure proper documentation and recordkeeping of all transactions.
- Contribute to the continuous improvement of cash receipt and cash application processes.


Internal Service and Communication
- Respond to internal inquiries regarding cash receipts and customer account status.
- Collaborate with Sales, Customer Service, and Credit teams.
- Communicate with customers, as needed, to obtain payment details and resolve payment-related issues.

Desired Profile
- 3 to 5 years of experience in accounting, bookkeeping, or a related finance role.
- Strong understanding of basic accounting principles and financial transactions.
- High level of attention to detail, with a proven ability to ensure accuracy and precision in financial data entry and reconciliations.
- Strong analytical and problem-solving skills, with the ability to identify, investigate, and resolve discrepancies in financial records.
- Excellent communication skills, with the ability to interact effectively with both internal and external stakeholders.
- Advanced English proficiency, both written and spoken.
- Ability to diagnose and resolve issues related to cash application and payment allocation.
- Strong organizational skills, with the ability to manage multiple priorities and effectively balance workload demands.
- Proficiency in accounting software and the Microsoft Office Suite, particularly Excel.


Recruitment Process
The recruitment process consists of an initial interview with Bianka Zacard, Senior Recruitment Team Lead, followed by an interview with the HR Business Partner.
To apply:
To contact me: View phone number on click.appcast.io