Cash Application Specialist

Job Category:

Finance & Accounting

Pay Grade Range:

₹420,000.00 - ₹980,000.00

Disclaimer: The base salary range represents the low and high end of Altus Group’s “Pay Grade Range” for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience, and geographic market data for the role. The Pay Grade Range listed above does not reflect Altus Group’s total compensation for employees. Other rewards may include an annual bonus, flexible work arrangements, and region-specific benefits.

Unlock your Altus Experience!

If you’re looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there’s no better place than Altus Group. At Altus, our work is purposeful. Every day, our employees drive impact, innovate, and shape the global commercial real estate (CRE) and PropTech industry.

Our people-centric culture empowers you to deliver in a high trust, high performance culture, surrounded by an inclusive team that’s collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.

Job Summary:

Reporting to the Senior Manager – Accounts Receivable, Altus Group is currently seeking a candidate in the position of Cash Application Specialist. The Cash Application Specialist is responsible for processing deposits of funds received daily. The individual will be managing tight deadlines, with involvement in problem resolutions and timely investigations with various internal parties. The individual will be expected to be a team player and assist with tasks that need to be done within the Accounts Receivable Department.

Key Responsibilities:

• Verify and enter daily funds received in Workday Accounting system, which includes but is not limited to; Cheques, lockbox, EFT, e-transfers, Wire payments and credit card payments.

• This require coordinating with other offices to ensure the funds received are applied to the correct client accounts

• Investigate unsupported remittances and credits on client’s accounts

• Apply non-AR transactions to GL account, A/R adjustments, process refunds and offsetting requests in a timely manner

• Balances cash posted against bank deposit report daily

• Collaborate with the senior collectors as needed to provide support in on going reconciliations

• Export data from financial system and prepare report in Excel to communicate updates to various regions/business units.

• Responsible for ensuring all cash receipts are entered by agreed upon timelines

• Process credit card transactions using Stripe system

• Reconcile unidentified and misapplied cash on a daily and monthly basis

• Perform adhoc variance analysis and analytics to understand employee spend

Key Qualifications:

• Post-secondary degree or diploma with a concentration in accounting/finance or two years’ experience in a similar role

• Understanding of general principles of accounting

• Experience using Workday or other ERP system an asset

• Proficiency in using Microsoft Office applications (MS Excel, MS Word, MS Access, etc.)

• Strong analytical and organizational skills

• Ability to innovate and adapt to new situations as they arise.

• Excellent written and verbal communication skills

• Self-motivated with high level of integrity and work ethic

What Altus Group offers:

• Rewarding performance: We are pleased to be able to provide employees competitive compensation, incentive and bonus plans, and a total rewards package that prioritizes their mental, physical and overall financial health. 
• Growth and development: As a destination for top industry talent, we’re investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150,000 hours of learning materials catering to diverse stages of an employee’s career journey.
• Flexible work model: We’re modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed - office for connecting and collaborating, and remote for focused work.

Altus Group is committed to fostering an inclusive work environment where all clients and employees feel welcomed, accepted and valued. We provide an atmosphere free from barriers to promote diversity, equity, and inclusion, and encourage equal opportunities for all employees. We’re seeking candidates with diverse experiences and provide accessible candidate experiences throughout the selection process. If you need accommodation, please contact us at [email protected] or +1 888 692 7487.

We appreciate all applicants who take the time to apply to Altus Group. Please note that only those who are selected to move forward in the process will be contacted. Thank you.