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Arthur J. Gallagher & Co.

Global insurance brokerage, risk management, consulting

Senior Cash Application Specialist

Accounts Payable/ReceivableConfirmed live in the last 24 hours
Full-timeRolling Meadows, IL, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree and at least 4 years of related experience are required.
  • Proficiency in Microsoft Excel and financial management software is required.

Responsibilities

  • Accurately and promptly process incoming payments, including checks, ACH, and wire transfers, to client accounts.
  • Investigate and reconcile payment discrepancies, collaborating with internal teams and clients to resolve issues.
  • Maintain detailed and organized records of cash application activities in compliance with company policies and audit requirements.
  • Research and resolve unapplied or misapplied payments to keep accounts up to date and accurate.
  • Oversee and manage the activities of the GCOE Cash Application Team, fostering collaboration, driving efficiency, and streamlining processes to enhance productivity and ensure seamless operations.
  • Partner with collections and accounts receivable teams to streamline financial operations and enhance efficiency.
  • Prepare and analyze daily, weekly, and monthly reports on cash application activities to support decision-making.
  • Assist with audits by providing accurate documentation and insights as needed.

Desired Qualifications

  • A bachelor's degree in Accounting or Finance is highly preferred.
  • Strong analytical skills and a proactive approach to problem-solving.
  • Exceptional organizational skills and attention to detail.
  • Ability to work independently and collaboratively within a team.

About the Company

Arthur J. Gallagher & Co.

Global insurance brokerage, risk management, consulting

Arthur J. Gallagher & Co. is a global insurance brokerage and risk management firm. It helps businesses, public entities, and individuals manage risk and obtain insurance through three segments: brokerage, risk management, and corporate. The brokerage unit offers a full range of retail and wholesale insurance brokerage and consulting services to match clients with coverage. The risk management unit handles contract claim settlements, claim administration, loss control consulting, and risk management information services to reduce exposures. The corporate unit oversees the company’s clean energy and other investments. The firm differentiates itself by providing end-to-end risk solutions across insurance placement, claims handling, risk counseling, and investment activities, rather than focusing on a single service. Its goal is to help clients manage risk effectively, protect assets, and pursue value through diverse investments, including clean energy.

Company size
10,001+
Company stage
IPO
Headquarters
Itasca, IL
Founded
1927

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