[Hiring] Cash Application Specialist @Somewhere

Role Description

Our client is hiring a detail-oriented accounting professional to own high-volume cash application and bank reconciliations across their 9 companies in Workday. This is a fully remote role, working primarily during Eastern Time business hours.

You will keep their cash records accurate and current, so the team always has a reliable view of cash across every entity. The role suits someone who enjoys volume, precision, and routine, and who can work independently while staying closely connected to a US-based team. You will report directly to the Finance & Accounting department.

Key Responsibilities

• Daily Cash Application & Reconciliation:
  • Apply incoming receipts (ACH, wire, check deposits) to the correct customer accounts and invoices in Workday.
  • Match payments to remittance details and resolve unapplied, short-paid, or unidentified cash.
  • Record each transaction to the correct legal entity and intercompany account.
  • Partner closely with the collections/AR team to research and clear exceptions, and write off bad debt.
  • Reconcile bank statement activity against Workday transactions, identifying and investigating discrepancies such as rejected supplier payments, returned funds, and other payment exceptions.
• Monthly Bank Reconciliations:
  • Reconcile all bank accounts for 9 companies to the general ledger by the month-end close deadline.
  • Investigate and resolve reconciling items and prepare adjusting entries as needed.
  • Keep reconciliation support complete and audit-ready.
• Weekly Cash Tracking:
  • Maintain the weekly cash balance tracker for each entity, across 13 bank accounts.
  • Flag unusual activity, low balances, or variances to the accounting manager.
• Allocations and Other Duties:
  • Prepare and post recurring allocations across entities.
  • Support month-end close, audit requests, and process improvement work.
  • Follow internal controls and document procedures for recurring tasks.
  • Review bank-identified check discrepancies and authorize or decline payment (Positive Pay Approvals).

Qualifications

• 2-4 years of hands-on experience using Workday Financials.
• Specific experience with high-volume cash application in Workday.
• Experience with reconciling multiple high-volume transaction bank accounts.
• General accounting experience, such as AR, AP, GL, or bank reconciliations.
• Working knowledge of debits, credits, and month-end close.
• Strong Excel skills (lookups, pivot tables, reconciliation workbooks).
• A strong sense of ownership and genuine commitment to producing quality work.
• High accuracy and attention to detail under daily deadlines.
• Clear written and spoken English for working with a US-based team.
• Reliable high-speed internet and a suitable remote work setup.
• Must be comfortable working US Eastern Time hours consistently, even if they fall in the evening or overnight locally.
• Must be available for meetings, Teams messages, and close deadlines during Eastern Time hours.

Requirements

• Experience in a multi-entity accounting structure, including intercompany transactions.
• Experience preparing allocations across entities or departments.
• Prior remote work with a team in a different time zone.
• Bachelor's degree in accounting or finance.

Benefits

• Negotiable salary range.
• Full-time remote work opportunity.
• Flexible working hours within Eastern Time.