McLarens · 11 hours ago
Cash Applications Specialist
Atlanta, GA
Full-time
Hybrid
Mid Level
3+ years expMcLarens is a premier independent global insurance services provider specializing in complex and niche markets. The Cash Applications Specialist will process high volumes of transactions, reconcile accounts receivables, and create monthly reports while ensuring compliance with relevant regulations.
Information TechnologyInsuranceInsurTechRisk Management
Responsibilities
Review and reconcile all Unapplied Cash within the current Vision system and apply accordingly
Facilitate the manual posting of EDI payments, incoming wire payments, lockbox and credit card kick-out payments, entering miscellaneous credits to customer accounts, other miscellaneous posting needed
Provide customer facing interaction to accomplish correct payment posting the first time
Central Collections (i.e. Collection Specialist) in clearing the Unapplied Cash and credit card kickouts
Responsible for purging receipts monthly within the current Vision system and ensuring all cash receipt batches are posted
Monitor the end to end cash applications process to ensure timely and accurate posting of cash to customer accounts minimizing reposting or rework
Provide guidance in cash posting to analyze department processes and transactions along with researching and forwarding credit card chargeback issues to the appropriate location and department
Address payment issues like double payments or other discrepancies
Analyze current customer credit card requests to identify gaps that could result in overpayments or duplications
Create regular reports to accurately track financial information
Perform periodic audits of the general ledger and company financial documents
Recommend steps to correct these gaps and implement throughout the company
Educate coworkers on new processes as they are defined
Engage in collection management processes as necessary
In conjunction with the Collections Manager, recommend improvements on cash posting to improve cash flow for the company
Monitor financial controls and communicate potential areas of financial exposure to management in the areas of customer check, credit card transactions and cash posting kick-outs
Function as lead liaison to drive operational initiatives and projects for process improvements in Cash Posting
Qualification
Required
Minimum 3+ years of experience in Accounts Receivable and/or Business environment
Experience with General Ledger account reconciliations
Experience in Accounts Receivable and Cash Applications
Proficient with Microsoft Office Suite or related software
Motivated problem-solver who can collaborate effectively on larger teams and possesses accurate data entry skills and an eye for detail
Proven analytical skills - defining problems, collecting relevant data, drawing valid conclusions, and recommending improvement
Ability to think through complex situations and use sound judgment to make decisions with limited direction
Clear communication and written communication skills, strong interpersonal
Excellent organizational skills and attention to detail
Acts on items beyond formal job responsibilities
Prolonged periods of sitting at a desk and working on a computer
Must be able to lift 15 pounds at times
Must be able to access and navigate each department throughout the company
Preferred
Preferred Associates Degree in Accounting/Business or equivalent experience
Knowledge of Vision or similar system preferred
Exceptional organizational and time management skills with the ability to prioritize multiple assignments and competing deadlines
Proficiency with Microsoft Office (Word, Excel, PowerPoint, and Outlook)
Benefits
Paid vacation
Holidays
Full health benefits including medical, dental, life, disability
401(k) plan with company match
Company
McLarens
McLarens is an insurance service company that provides loss adjustment, claims, and risk management services.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$1.71BKey Investors
Lee Equity PartnersAltamont Capital Partners
2025-10-15Private Equity· $1.6B
2018-10-31Private Equity
2014-06-11Debt Financing· $107M
Leadership Team
Graham Smart
Chief Commercial Officer
Recent News
2025-10-15
The Straits Times
2024-04-08
Insurance Business America
2024-02-11
Company data provided by crunchbase