Cash Application Specialist

We invite you to join us at Driven Brands!

Headquartered in Charlotte, NC, Driven Brands (NASDAQ: DRVN) is the largest automotive services company in North America, providing a range of consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.

With over 4,500 centers in 15 countries, Driven Brands is the parent company of some of North America’s leading automotive service brands including Take 5 Oil Change, Take 5 Car Wash, Driven Glass, Meineke, Maaco, CARSTAR, and more.  Our network services over 50 million vehicles annually and generates more than $5 billion in system-wide sales each year.

Our culture inspires high performance and innovation, enabling our employees to go further, faster in their careers. With amazing people and great brands, we confidently look forward to exciting growth ahead, and believe in following the values that support this vision.

JOB DESCRIPTION:

Position Summary:

The Cash Application Specialist will be responsible for timely processing of all incoming customer payments to customer accounts including checks received by US Mail and lockbox, ACH payments, wires, and credit card. The Cash Processor will also be responsible for processing customer adjustments, write-offs, debits and credits. This role will require frequent communication within the AR team and business partners in other areas of finance and accounting. Great communication and organization skills, a great attitude, and a team-focused mentality are critical attributes for success in this role.

Duties & Resp:

• Receiving, posting and accurately applying cash receipts including wire transfers, ACH credits, credit card payments and check and lockbox deposits.
• Reconcile payments against invoices and other relevant documents to ensure accuracy and identify any discrepancies.
• Maintain accurate records of customer accounts and payments, ensuring that financial records are up to date. 
• Perform month end duties including inter-company elimination applications and reconciling the cash received is applied.
• Collaborate with finance and accounting teams to ensure all transactions are properly recorded and reconciled.
• Provide audit support documentation.
• Other duties as assigned.
   

Qualifications:

• High School Diploma or equivalent; Associate Degree preferred
• Minimum 2-3 years of experience in AR/Cash Application
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to prioritize tasks.
• Keen attention to detail and accuracy.
• Ability to work independently and collaboratively within a team.
• Proficiency in Microsoft Office applications, particularly Excel.
• Experience with Oracle Fusion Financials preferred.

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