SAT Cash Application Specialist
Allegion
**Creating Peace of Mind by Pioneering Safety and Security**
_At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 30 brands, 12,000+ employees globally and products sold in 130 countries, we specialize in security around the doorway and beyond. Additionally, in 2024 we were awarded the Gallup Exceptional Workplace Award, which recognizes the most engaged workplace cultures in the world._
**SAT Cash Application Specialist-Remote Indiana**
**Job Summary:**
We are looking for a highly skilled and motivated Cash Application Specialist to join our finance team. This role is pivotal in ensuring the accurate and timely application of customer payments. The ideal candidate will have a strong background in cash application, excellent communication skills, and the ability to manage complex reconciliations and research tasks.
**What You Will Do:**
+ Properly identify customer remittances and post payments to the correct accounts using invoice, quote, and/or order numbers.
+ Post and record customer payments received from lockboxes/bank accounts, including checks, ACHs, wires, and credit cards.
+ Reconcile and balance cash deposits to posting reports daily.
+ Create balancing entries for short payments and deductions on customer accounts per remittance advice.
+ Complete account adjustments promptly in accordance with service level agreements.
+ Manage daily inflow and outflow of intercompany transfers for assigned portfolios.
+ Research cash-related posting requests concerning customer overpayments, short payments, and deductions.
+ Assist in fostering an environment of continuous improvement and transformation.
+ Maintain cash receipts records and files as required for audit requests.
**Responsibilities:**
+ Support internal and external customers through the accurate, timely application of customer payments.
+ Maintain shared email queue at a satisfactory level.
+ Build solid relationships with credit staff and external customers.
+ Research and escalate unresolved and unapplied cash items to reconcile accounts.
+ Complete daily, weekly, and/or monthly reporting duties.
+ Work within multiple ERP systems to develop and interpret reports.
+ Adapt quickly to changes.
+ Provide positive communication.
+ Assist in driving process improvement within the department to achieve business unit goals and productivity.
+ Collaborate with the Cash Application Manager to build robust and effective controls.
**Objectives:**
+ Demonstrate a strong sense of time management.
+ Be dependable and self-motivated.
+ Be an effective problem solver with strong troubleshooting abilities.
+ Communicate with customers to retrieve remittance details for outstanding unapplied invoices/payments.
+ Cross-train on related cash application functions within a teamwork-oriented environment.
+ Work effectively with other internal departments to ensure cash transactions are balanced and accurate.
+ Comprehend and follow departmental policies and procedures.
+ Identify trends and gather, document, and analyze data.
+ Interpret findings from data analysis and make correct conclusions/recommendations.
+ Research and clean up unapplied cash with a high level of accuracy and attention to detail.
+ Identify unclaimed property.
**What You Need to Succeed:**
+ 3+ years of business-to-business cash application experience in a large corporate environment and or relevant work experience required, preferably in manufacturing, service, construction, or distribution industries.
+ HS Diploma/GED required
+ Strong technical skills with experience operating within multiple programs, software, and ERPs daily.
+ Excellent communication skills, both verbal and written.
+ Strong general knowledge of accounts receivable processes, with expertise in cash application.
+ Ability to multitask in a high-volume transactional environment.
+ Proficiency in 10-key data entry.
+ Strong knowledge of Microsoft Excel.
+ Ability to operate successfully in a teamwork-oriented, metric-based environment.
+ Adept critical thinker.
**Preferred Qualifications:**
+ BS Degree.
+ Project experience (payment research or other types of projects).
+ Experience with SAP and D365.
**Why Work for Us?**
**Allegion is a Great Place to Grow your Career if:**
+ You're seeking a rewarding opportunity that allows you to truly help others. With thousands of employees and customers around the world, there’s plenty of room to make an impact. As our values state, “this is your business, run with it”.
+ You’re looking for a company that will invest in your professional development. As we grow, we want you to grow with us.
+ You want a culture that promotes work-life balance. Our employees enjoy generous paid time off, because at Allegion we recognize that you have a full life outside of work!
**What You’ll Get from Us:**
+ Health, dental and vision insurance coverage, helping you “be safe, be healthy”.
+ A commitment to your future with a 401K plan, offering a 6% company match and no vesting period
+ Tuition Reimbursement
+ Competitive paid time off
+ Employee Discounts through _Perks at Work_
+ Community involvement and opportunities to give back so you can “serve others, not yourself”
+ Opportunities to leverage your unique strengths through CliftonStrengths testing and coaching
**Apply Today!**
Join our team of experts today and help us make tomorrow’s world a safer place!
**_Not sure if your experience perfectly aligns with the role?_** _Studies have shown that some people are less likely to apply to jobs unless they meet every single qualification_ **_and_** _every single preferred qualification of a job posting. At Allegion, we are dedicated to building a diverse, inclusive, and authentic workplace. So, if you’re excited about this role but your past experience doesn’t align perfectly with every item in the job description, we encourage you to apply anyway. You may be just the right candidate for this role._
**We Celebrate Who We Are!**
Allegion is committed to building and maintaining a diverse and inclusive workplace. Together, we embrace all differences and similarities among colleagues, as well as the differences and similarities within the relationships that we foster with customers, suppliers and the communities where we live and work. Whatever your background, experience, race, color, national origin, religion, age, gender, gender identity, disability status, sexual orientation, protected veteran status, or any other characteristic protected by law, we will make sure that you have every opportunity to impress us in your application and the opportunity to give your best at work, not because we’re required to, but because it’s the right thing to do. We are also committed to providing accommodations for persons with disabilities. If for any reason you cannot apply through our career site and require an accommodation or assistance, please contact our Talent Acquisition Team (Careers@Allegion.com) .
© Allegion plc, 2023 | Block D, Iveagh Court, Harcourt Road, Dublin 2, Co. Dublin, Ireland
REGISTERED IN IRELAND WITH LIMITED LIABILITY REGISTERED NUMBER 527370
Allegion is an equal opportunity and affirmative action employer (https://www.allegion.com/corp/en/careers/equal-opportunity.html)
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