Cash Application Specialist

Summary:
This position is responsible for applying cash against open Accounts Receivable (A/R) for both advertising and/or circulation accounts. This position assists in account research, A/R reporting and aging, and other accounting tasks as needed.
What you will do:

• Key Macro and run the lockbox to Circulation and/or Advertising interfaces
• Work error reports from interfaces (such as from the lockbox)
• Apply payments that were identified as exceptions from the lockbox operation
• Perform account research on A/R balances to provide advertisers with statements and account history
• Process any manual cash applications
• Reconcile bank receipts to the Accounts Receivable balances
• Field inbound calls from advertisers, field; answer inquiries
• Critical customer service support to sales organization and outside customers
• Prepare and submit balance write-offs
• Work misapplied/unapplied balances. Research account balances to correct issues
• Field questions from sales organization on open balances and accounts on credit hold
• Complete credit card, lockbox, and e-lockbox processes
• Use and maintain A/R collections module in Circulation System(s)
• Perform daily cash balancing and reconciliation including three way match: system, bank, general ledger
• Support Collections when account questions arise
• Other duties as assigned

What you will bring:

• Accounting process and controls knowledge
• High attention to detail
• Demonstrated ability to create Excel spreadsheets using formulas as needed
• Ability to solve practical problems and deal with a variety of variables in situations where only limited standardization exists
• Strong analytical skills, self-initiative, good interpersonal skills and team collaboration skills
• The minimum education required to be considered for this position is a GED or high school diploma; Associate's degree preferred
• Proficient at 10-key
• One or more (1+) years business experience
• Must be able to attend work on-site during normal business hours to process secure financial transactions

Who we are:
At MediaNews Group, our employees are our greatest asset. MediaNews Group (MNG) was established in 1985 and has over 4,000 employees nationwide including subsidiaries and other corporate affiliates. There are more than 100 different brands within our portfolio. In addition to our print products, we are a client-centric digital organization that brings scale, precision, and sophistication to digital marketing. Leveraging the belief that people matter as much as technology, our suite of products, including Adtaxi, helps advertisers solve complex marketing challenges with custom, performance-driven solutions. Readers turn to us for all the news and information that matters to them nationwide. Adtaxi is an exclusive program with the ability to reach 196M or 95% of the U.S. wired population that was established in 2010. Learn more at www.medianewsgroup.com.
We are an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
"Built In Best Places to Work 2023 & 2024 Winner"