Cash Application Specialist
EXL
Cash Application Specialist
EXL
Analyzes business data and runs outsourced operations
Cash Application Specialist is responsible for managing the company's incoming payments and ensuring accurate recording and application of cash receipts. This role involves working closely with the accounting team to maintain up-to-date records and resolve any discrepancies in payments.
Graduate in Accounting 0-2 years in accounts receivable, cash application, or a similar accounting role
Accurately apply daily cash receipts to customer accounts.
Process and post payments received via checks, ACH, wire transfers, and credit cards.
Reconcile payment discrepancies and apply adjustments as necessary.
Perform regular reconciliation of accounts receivable subledgers to the general ledger.
Investigate and resolve any variances identified during reconciliations.
Communicate with customers regarding payment inquiries and discrepancies.
Collaborate with the collections team to resolve overdue accounts.
Maintain accurate and detailed records of all transactions.
EXL analyzes business data and runs outsourced operations for insurers, healthcare payers, banks, retailers, and other large organizations. Its teams combine industry expertise with data engineering and AI to handle tasks such as claims processing, payment reviews, customer service, and finance within existing technology environments. The company also builds software, including LifePRO, which manages insurance policies, and EXLdata.ai, which connects fragmented data for use in AI systems. Clients pay for consulting projects, ongoing managed services, and software delivered through the cloud. EXL was founded in 1999 and is headquartered in New York City.
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