Allegion · 3 weeks ago
SAT - Cash Application Specialist
United States
Full-time
Remote
Mid Level
3+ years expAllegion is a global leader in security solutions, dedicated to creating peace of mind through innovative safety and security products. The Cash Application Specialist role is crucial for ensuring accurate and timely application of customer payments, requiring strong communication skills and the ability to manage complex reconciliations.
ElectronicsManufacturingProduct DesignSecurity
No H1B
Responsibilities
Properly identify customer remittances and post payments to the correct accounts using invoice, quote, and/or order numbers
Post and record customer payments received from lockboxes/bank accounts, including checks, ACHs, wires, and credit cards
Reconcile and balance cash deposits to posting reports daily
Create balancing entries for short payments and deductions on customer accounts per remittance advice
Complete account adjustments promptly in accordance with service level agreements
Manage daily inflow and outflow of intercompany transfers for assigned portfolios
Research cash-related posting requests concerning customer overpayments, short payments, and deductions
Assist in fostering an environment of continuous improvement and transformation
Maintain cash receipts records and files as required for audit requests
Support internal and external customers through the accurate, timely application of customer payments
Maintain shared email queue at a satisfactory level
Build solid relationships with credit staff and external customers
Research and escalate unresolved and unapplied cash items to reconcile accounts
Complete daily, weekly, and/or monthly reporting duties
Work within multiple ERP systems to develop and interpret reports
Adapt quickly to changes
Provide positive communication
Assist in driving process improvement within the department to achieve business unit goals and productivity
Collaborate with the Cash Application Manager to build robust and effective controls
Demonstrate a strong sense of time management
Be dependable and self-motivated
Be an effective problem solver with strong troubleshooting abilities
Communicate with customers to retrieve remittance details for outstanding unapplied invoices/payments
Cross-train on related cash application functions within a teamwork-oriented environment
Work effectively with other internal departments to ensure cash transactions are balanced and accurate
Comprehend and follow departmental policies and procedures
Identify trends and gather, document, and analyze data
Interpret findings from data analysis and make correct conclusions/recommendations
Research and clean up unapplied cash with a high level of accuracy and attention to detail
Identify unclaimed property
Qualification
Required
3+ years of business-to-business cash application experience in a large corporate environment and or relevant work experience required, preferably in manufacturing, service, construction, or distribution industries
HS Diploma/GED required
Strong technical skills with experience operating within multiple programs, software, and ERPs daily
Excellent communication skills, both verbal and written
Strong general knowledge of accounts receivable processes, with expertise in cash application
Ability to multitask in a high-volume transactional environment
Proficiency in 10-key data entry
Strong knowledge of Microsoft Excel
Ability to operate successfully in a teamwork-oriented, metric-based environment
Adept critical thinker
Preferred
BS Degree
Project experience (payment research or other types of projects)
Experience with SAP and D365
Benefits
Health, dental and vision insurance coverage, helping you “be safe, be healthy”
Competitive Paid Time Off
A commitment to your future with a 401K plan, which currently offers a 6% company match and no vesting period
Health Savings Accounts – Tax-advantaged savings account used for healthcare expenses
Flexible Spending Accounts – Tax-advantaged spending accounts for healthcare and/or dependent daycare expenses
Disability Insurance –Short-Term and Long-Term coverage, paid for by Allegion, provides income replacement for illness or injury
Life Insurance – Term life coverage with the option to purchase supplemental coverage
Tuition Reimbursement
Voluntary Wellness Program – Simply complete wellness activities and earn rewards
Employee Discounts through Perks at Work
Community involvement and opportunities to give back so you can “serve others, not yourself”
Opportunities to leverage your unique strengths through CliftonStrengths assessment & coaching
Company
Allegion
Allegion provides mechanical and electronic security products for residential, commercial, and institutional environments.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$1B2024-05-21Post Ipo Debt· $400M
2022-06-07Post Ipo Debt· $600M
2013-11-29IPO
Leadership Team
Rob Martens
Senior Vice President, Chief Innovation & Design Officer, Corporate Development
Greg Katai
VP Sales and Marketing at Yonomi
Recent News
2025-11-11
Morningstar.com
2025-11-06
Company data provided by crunchbase