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Cash Applications Associate

Vaco
$24.00 - $25.00 / hr
401(k), retirement plan
United States, Georgia, Atlanta
Mar 06, 2026
Vaco has partnered with a client to fill a Cash Applications Associate to support the Accounts Receivable team by ensuring the accurate and timely posting of customer payments and reconciliation of cash transactions. This role is responsible for processing daily cash receipts, resolving payment discrepancies, balancing lockbox transactions, and supporting month-end close activities while maintaining compliance with internal controls and financial regulations. If you have cash applications experience apply today!
Responsibilities
  • Process daily cash receipts using lockbox functionality within the ERP system, including partially applied payments, on-account payments, and unprocessed check, ACH, and wire transactions, ensuring accurate application within one business day
  • Analyze customer accounts to identify and resolve complex cash application discrepancies and payment issues
  • Balance assigned lockboxes, ACH transactions, and wire receipts daily to ensure accuracy and completeness
  • Communicate with external customers to ensure invoices are paid accurately and on time, while coordinating with Collections and Treasury teams regarding payment issues
  • Provide collections teams with documentation and notes related to payment discrepancies and unapplied cash
  • Assist with month-end close processes to ensure Accounts Receivable general ledger accounts are reconciled and balanced and all payments are properly posted and cleared
  • Maintain organized records by saving daily cash batches and related correspondence in a timely manner
Qualifications
  • 3+ years of related experience in cash applications, accounts receivable, or payment processing is required
  • Experience with lockbox processing systems preferred
  • Proficiency in Microsoft Excel (PivotTables and VLOOKUPs)
  • Strong written and verbal communication skills
  • Ability to analyze financial information and resolve discrepancies effectively
  • Strong attention to detail with the ability to manage multiple priorities in a deadline-driven environment


Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

  • the individual's skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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