Cash Applications Coordinator

An Amazing Career Opportunity for a Cash Applications Coordinator!! 

Location: Austin, TX

Job ID: 32108

HID Global is the trusted source for innovative products, services, solutions, and know-how related to the creation, management, and use of secure identities for millions of customers around the world. Headquartered in Austin, Texas, HID Global has over 3,000 employees worldwide and operates   international offices that support more than 100 countries. HID Global® is an ASSA ABLOY Group brand.

Under supervision, this position is responsible for all cash posting and reconciliation of funds received by HID Global to the proper general ledger accounts.  This job is to be performed in accordance with the established company policies and department guidelines while maintaining the highest level of customer satisfaction, accuracy and in conformity with all applicable state and federal laws.

Who are we?

HID powers the trusted identities of the world’s people, places, and things, allowing people to transact safely, work productively and travel freely.

We are a high-tech software company headquartered in Austin, TX, with over 4,500 worldwide employees. Check us out here: www.hidglobal.com and https://youtu.be/23km5H4K9Eo 

As our Cash Applications Coordinator, you’ll support HID’s success by:  

• Working in ERP system environment to apply customer payments via Oracle ERP System.
• Posting Daily lockbox, EFT/ACH and manual remittance deposits to customer accounts.
• Transferring daily lockbox files from bank interface for automated payment application.
• Performing timely and accurate application of daily receipts and reconcile cash balance to general ledger daily.
• Processing adjustments (as needed) while posting cash receipts (ex. Discounts).
• Resolving cash application issues presented by internal sources such as IT, customer service, accounting, and collections.  Communicate resolution to requestor
• Being responsible for cash applications, cash receipt, reconciliation, and intercompany cash transfers.
• Working with Accounts Receivable and Finance teams in researching unapplied cash amounts so that unapplied cash can be kept to a minimum.
• Working with other departments to troubleshoot and resolve customer payment discrepancies.
• Collaborating with staff accountants to balance payments posted and deposits made with the goal of ensuring timely and accurate bank reconciliations.

What we will love about your background: 

• Generally, works independently within established procedures associated with this job function.
• 3 to 5 years of cash applications responsibilities including the application of receipts and researching variances.
• Strong understanding of fundamental accounting – debit and credit entries.
• Proficient written and verbal communication skills.
• Ability to make independent business decisions.
• Ability to work collaboratively with individuals in other departments.

Your Experience and Education include:             

• AA in Business or equivalent combination of education and experience.
• Ability to effectively communicate in the English language, both verbally and in writing.
• Proficient in MS Office applications, such as Word, Excel, PowerPoint, etc.
• Familiar with Oracle or similar ERP systems is highly desirable.
• Familiar with HighRadius is highly desirable.

Why apply? 

• Empowerment: You’ll work as part of a global team in a flexible work environment, learning and enhancing your expertise. We welcome an opportunity to meet you and learn about your unique talents, skills, and experiences. You don’t need to check all the boxes. If you have most of the skills and experience, we want you to apply.
• Innovation: You embrace challenges and want to drive change. We are open to ideas, including flexible work arrangements, job sharing or part-time job seekers.
• Integrity: You are results-orientated, reliable, and straightforward and value being treated accordingly. We want all our employees to be themselves, to feel appreciated and accepted.

We make it easier for people to get where they want to go!
On an average day, think of how many times you tap, twist, tag, push or swipe to get access, find information, connect with others or track something.  HID technology is behind billions of interactions, in more than 100 countries.  We help you create a verified, trusted identity that can get you where you need to go – without having to think about it.  
 
When you join our HID team, you’ll also be part of the ASSA ABLOY Group, the global leader in access solutions. You’ll have 61,000 colleagues in more than 70 different countries. We empower our people to build their career around their aspirations and our ambitions – supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally. As we welcome new people on board, it’s important to us to have diverse, inclusive teams, and we value different perspectives and experiences.

 #LI-HIDGlobal