Role: Accounts Receivable / Cash Application Specialist Working Hours: Full-time, Monday through Friday; core hours are 9:00 a.m. to 3:30 p.m. US Eastern Time (EST/EDT) Salary Range: Negotiable Type of Contract: Contractor Type of Job: Remote Target Start Date: Immediately

About the Company Our client is a multi-entity organization consisting of 9 companies. They operate on a US Eastern Time schedule and follow the US holiday calendar.

About the Role 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

Required:

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.

Preferred:

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.

Cash Application Specialist -67797711505