National Capital Region Jobs Cash Application Specialist Position at FIELDCORE SERVICE SOLUTIONS INTERNATIONAL LLC

Job Summary:

The Cash Application Specialist will ensure all bank transactions both incoming and outgoing are uploaded in Finance systems daily. Will ensure all unidentified transactions are cleared and recorded in timely manner by coordinating with counterparties such as Accountants, Accounts Payable, Customers, Invoice To Cash (ITC), Treasury and other functions as required.

Essential Duties & Responsibilities:

• Ensure daily extraction of bank transactions from Finance systems both Incoming & Outgoing.
• Conduct successful upload of system transactions after thorough review and analysis is done (Electronic Bank Statements (EBS)).
• Review and record customers’ payments thru various payment method such as wire transfers, ACH and lockbox deposits to corresponding invoices accurately (Incoming payments – FieldCore, GE, Ext)
• Review and reconcile outgoing payments such as Cash advances, Salaries, Payroll, Bank fees/Interest, Taxes.
• Coordinate with accountants to verify the nature of unidentified bank transactions for the proper recording.
• Update Posting Rules in systems to clear open items recorded by the Accountants & Accounts Payable Team
• Record clearing cash transactions to Main Bank account such as incoming collections, outgoing payments, cash pool in/out, interest income, bank fee, and others.
• Close all customer service request related to Cash Apps timely
• Recommend improvements to current cash recording processes and assists in updating procedures
• Provide team support to other Treasury functions
• Travel may be required
• May be assigned other duties to help proactively drive our FieldCore vision and align with our organization’s core values.

Required Qualifications & Experience:

• High School Diploma or equivalent
• 3+ years related experience or equivalent combination of education and Finance experience is required
• English proficiency required

Desired Characteristics:

• Bachelor’s degree in Finance preferred
• Experience with data entry into an ERP system
• Exposure to international business environment
• Attention to detail and high level of accuracy
• Strong follow up ability and action oriented
• Proficiency in Microsoft Word, Excel and Outlook computer programs
• Strong customer-service and interpersonal relationship skills
• Ability to meet deadlines in a fast-paced environment

About FieldCore:

FieldCore,part of GE Vernova, is an independent, industrial field services organization focused on World-Class Execution across the power generation and oil & gas industries. We have brought together more than 12,00 of the foremost experts in field services to focus on one thing; delivering excellent outcomes for our customers. As a global organization, we celebrate the uniqueness of our diverse employees and strive to create an inclusive culture. Our people are driven by our core values of safety, integrity and quality, and focused by our guiding principles. For more information visit our website **

FieldCore is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex, national origin, age, veteran status, status as a qualified individual with a disability, marital status, pregnancy, sexual orientation, ancestry, genetic information, gender identity, or any other characteristic protected by law