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Cash Application Specialist

Job in Lake Forest, Lake County, Illinois, 60045, USA
Listing for: Brilliant®
Full Time position
Listed on 2026-03-04
Job specializations:
  • Finance & Banking
    Accounts Receivable/ Collections
  • Accounting
    Accounts Receivable/ Collections
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

We’re seeking a detail-driven and adaptable Cash Application Specialist to join our client's growing finance team in Lake Forest. In this role, you’ll take ownership of high-volume cash posting activities, ensuring accurate application of customer payments across multiple banking relationships and business entities. If you thrive in a collaborative, evolving environment and enjoy digging into the details to make sure every dollar lands where it should, this is the place for you.

Key Responsibilities
  • Accurately post daily cash receipts (ACH, checks, and wire transfers) to client accounts.
  • Research and resolve misapplied, unapplied, or short‑paid transactions.
  • Maintain relationships and communication with multiple paying agents and banks to track and reconcile payments.
  • Collaborate closely with the collections and accounting teams to clarify payment applications and ensure accurate account activity.
  • Manage transitional periods when payments are moving between various banks.
  • Handle high transaction volume (approx. 200 transactions/day)
  • Support process improvements and documentation to enhance accuracy and efficiency in cash application.
  • Partner with team members to ensure consistent cash posting coverage.
Qualifications
  • Strong Excel skills (VLOOKUPs required; pivot tables a plus).
  • Proven attention to detail and accuracy with large volumes of data.
  • Excellent communication skills, both internally (collections, accounting) and externally (banks, paying agents).
  • A collaborative, team‑oriented mindset, you enjoy working with others to solve problems.
  • Adaptability and comfort working in a dynamic, less formal structure.
  • Some accounting coursework or background (degree not required).
  • Experience with Lease+ or Great Plains systems (not required but beneficial).

Brilliant Staffing, LLC is an Equal Opportunity Employer and encourages applications from all individuals regardless of race, color, religion, gender, gender identity, sexual orientation, national origin, disability, or veteran status.

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