Cash Application Specialist

Cash Applications Specialist

Triumvirate Environmental, one of the largest environmental services firms in North America, is seeking a Cash Applications Specialist to join our dynamic Credit & Collections team! 

If you have the talent and motivation, but you need a team that is committed to helping you succeed- we would love the opportunity to speak with you about this position! We don’t just promise growth opportunity, we create it through employee training, and mentoring!

Triumvirate provides leading institutions in the higher education, life sciences, healthcare, and industrial sectors with diverse services and advice to assist them with compliance management. At Triumvirate, we strive to WOW both our employees and our customers. Our unique culture fosters growth, development, education, and creativity.

The Cash Application Specialist will report to the Director of Credit & Collections and will assist with all customer transactions that affect the detail accounts receivable subsidiary ledger, reconciling the subsidiary ledger to the general ledger, and maintaining records that allow in depth analysis of customer activity. In addition, the Cash Application Specialist will be responsible for supporting the collections team posting customer receipts, payments, remittances, and credits as necessary and processing of payments received through the Lockbox, Credit Cards and ACH processes.

This position is located in our Somerville, MA corporate office.

Essential responsibilities:

• Reconcile and process payments received through the Lockbox, Credit Cards (merchant services) payments, and ACH transactions.
• Obtain data from lockbox regarding customer remittances.
• Apply customer payments and adjustments.
• Post customer billings and credits.
• Maintain files that support accounts receivable transactions.
• Process Live checks received at TEI and scan batches via remote terminal.
• Post accounts receivable cash and process credit card transactions.
• Provide other support as needed related to cash posting and cash reporting, and bank reconciliations.
• Assist in month end closing, netting credits, reconcile accounts receivable, prepare schedules, sales reconciliation, and AR reconciliation.
• Maintain schedules to support deductions.
• Maintain the necessary data to accurately bill the remit sales tax to all tax authorities on a timely basis.
• Ensure that tax exemption certificates are current.
• Reply to audit and information request.
• Other duties and responsibilities as assigned by the Director, Credit & Collections.

Preferred Requirements:

• Ability to communicate with and advise management at all levels on essential duties and responsibilities.
• Strong communication skills allowing for the development of effective relationships across all levels of the company.
• Bachelor of Science or Arts Degree, or equivalent combination of education and experience.
• Three or more years of prior credit, collections, or cash application experience.
• Must possess innovative problem-solving skills and strong analytical abilities.
• Must be highly productive, efficient, and able to work well under pressure and when meeting deadlines.
• Must be able to work independently.
• Must be able to multitask and prioritize tasks.
• Must have a financial transaction background.
• Experience with accounting systems and AR software.
• Strong computer skills (Microsoft Office - Excel). Familiarity with oracle enterprise resource planning (ERP) databases and software a plus.
• Customer serviced focus. 

#LI-Hybrid

Besides Health, Dental and Vision Insurance, we contribute to a 401k, offer a generous tuition reimbursement program, TONS of safety training for some positions with opportunities for external trainings and certifications, Mentorship & Career Succession Planning, Relocation Opportunities, Auto/Home insurance discounts, pet assistance discount plans, discounted movie passes & more!  

To learn more about our business, culture, and the exciting work that we are doing in the industry, find us on LinkedIn, Instagram (@triumvirateenvironmental), or our website! 

Triumvirate Environmental is committed to a diverse and inclusive workplace. As an Equal Opportunity Employer (EOE), Triumvirate does not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Individuals with Disabilities and Protected Veterans are encouraged to apply.

If you have a disability and need accommodation during the application and hiring process, please contact us at https://www.triumvirate.com/contact or call us at 888-834-9697.  The requirements listed above are representative of the knowledge, skill, and/or ability required. To view our California Privacy Notice and Policy, click here.