Cash Application Supervisor

Our client, a premier food manufacturer based in West Chester, PA, is looking for an experienced cash application supervisor. This is a full time role, and the successful candidate will have 3 years of experience in cash application/management.

Client Details

Well known food manufacturer based in West Chester, PA. This role is 5 days per week in office for the first 3 months, before offering 2 days of hybrid flexibility afterwards & offers a chance to work with a collaborative team at a longstanding company.

Description

This role will involve:

Team Leadership & Development:

• Supervise and mentor a small team of cash receipts specialists.
• Foster a culture of accuracy, accountability, and continuous improvement.
• Provide training, coaching, and support to enhance team performance.

Daily Cash Receipts Operations:

• Oversee the processing of incoming payments (cash, checks, ACH, wire transfers, and credit card transactions).
• Ensure timely and accurate application of payments to customer accounts.
• Identify and resolve payment discrepancies in a timely manner.

Reconciliation & Accuracy:

• Monitor and review reconciliations of cash receipts to customer accounts.
• Ensure all transactions are properly recorded and discrepancies are quickly resolved.
• Maintain accurate and up-to-date financial records.

Process Improvement & Automation:

• Identify opportunities to streamline and automate cash application processes.
• Enhance efficiency and accuracy by implementing process improvements and leveraging technology.

Collaboration & Communication:

• Work cross-functionally with accounts receivable, credit, collections, and finance teams.
• Communicate with internal and external stakeholders to resolve payment issues and disputes.
• Collaborate with IT to support system enhancements.

Audit & Compliance:

• Ensure adherence to company policies, GAAP, and applicable financial regulations.
• Support internal and external audits by providing documentation and reconciling discrepancies.

Reporting & Analysis:

• Prepare and analyze daily, weekly, and monthly cash flow reports.
• Identify trends, forecast cash positions, and make recommendations to optimize cash management.

Profile

The successful candidate will have:

• 3+ years experience in cash management, accounts receivable, or related finance role
• Completed associates or bachelors degree preferred [flexible with qualified experience]
• Proficiency in ERP systems, MS Excel, and financial systems
• Strong problem solving and analytic skills
• Ability to manage multiple priorities in face-paced environment
• High level of integrity with a strong commitment to confidentiality and accuracy

Job Offer

Very competitive compensation & benefits package!

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.