AR Supervisor - Cash Application

JOB DESCRIPTION:As the AR Supervisor - Cash Application, you’ll support the Accounts Receivable functions by overseeing the daily operations of the cash application team, ensuring timely and accurate application of payments. You’ll interact with the offshore BPO and internal teams and use your keen attention to detail to support financial operations.Job Location: Hybrid in Deerfield, IL (On-site Tuesday, Wednesday, and Thursday)RESPONSIBILITIES:Lead the cash application team in processing payments (ACH, wire, checks & credit card)Monitor daily cash activities and resolve escalated issues related to unapplied or misapplied cashReconcile payment data between bank statements and the sub/general ledgerCollaborate with the collections teams to resolve payment issuesReview cash processes and identify opportunities for automation, standardization, and efficiency gainsGenerate and analyze reports on cash application performance and KPIsAssist with month-end closing activities and audits by providing necessary documentationReview unapplied cash reporting to ensure commentary provided as necessary