Cash Applications Manager

Reposted 10 Days Ago
Be an Early Applicant
Willoughby, OH
Hybrid
70K-75K Annually
Mid level
Cloud • Consumer Web • Digital Media • News + Entertainment
Transforming the future of media! We pride ourselves on sharing engaging stories that inform, inspire, and connect!
The Role
Oversee daily cash application operations, reconcile cash transactions, assist collections, develop best practices, and manage team performance.
Summary Generated by Built In

Summary:

This position is responsible for overseeing the day-to-day operations of Cash Applications processes for assigned Properties (Newspapers) owned by MediaNews Group and Tribune. This includes but is not limited to: applying cash manually and through interfaces to A/R accounts from multiple in-flows, working error reports from interfaces, performing three-way match (system, bank, and GL), assisting the Collections Team with account research, and creating adjustments for customer accounts for numerous reasons.

Please note: This position will be on-site at our office in Willoughby, OH.

What you will do:

  • Demonstrate a full understanding of all cash procedures for assigned workflows and properties

  • Deposit, apply, and reconcile all cash transactions processed on a daily, weekly, and monthly basis. Including all system balancing

  • Communicate with remote locations and is the key contact for Sales personnel at field locations

  • Demonstrate forensic accounting skills through research and critical thought to reconcile variances that may occur between point-of-sale systems, banks, and the general ledger

  • Foster strong relationships with field representatives in advertising, collections, accounting, and property Publishers

  • Develop and implement best practices for AR activities, reporting, communications, and team development

  • Creating an environment and culture that fosters process improvement, high-performance teams, employee growth, and extraordinary customer service

  • Process and deposit any live checks for GL items

  • Monitor Cash team productivity and performance and report metrics

  • Responsible for monitoring and enforcing Cash teams attendance

  • Communicate technical problems to the appropriate IT staff for system functionality issues and resolution; perform as the “subject matter expert” for DTI, AdBase, Brainworks, NavigaAd, interfaces, software upgrades, testing, etc.

  • Assist in enforcing all Cash Application policies, controls, processes, and procedures

  • Train, motivate, and ensure the Cash team understands the duties and delegated tasks

  • Perform standard supervisory functions for assigned employees (performance reviews, training, counseling, etc.)

  • Coordinate integration of new Properties into the Shared Services Center

  • Owns and enforces all Cash Application policies, controls, processes, and procedures

What you will bring:

  • Ability to resolve issues independently with co-workers and clients

  • Accounting process and controls knowledge

  • Strong knowledge and application of GAAP

  • Strong analytical skills, self-initiative, good interpersonal skills and team collaboration skills

  • Demonstrated ability to create Excel spreadsheets using formulas as needed

  • Associate’s degree or two years’ experience within DFM required; Bachelor’s degree in business and/or a combination of college education preferred

  • Three to Five (3-5) years of related Cash Applications experience

Who we are:

At MediaNews Group, our employees are our greatest asset. MediaNews Group (MNG) was established in 1985 and has over 4,000 employees nationwide including subsidiaries and other corporate affiliates. There are more than 100 different brands within our portfolio. In addition to our print products, we are a client-centric digital organization that brings scale, precision, and sophistication to digital marketing. Leveraging the belief that people matter as much as technology, our suite of products, including Adtaxi, helps advertisers solve complex marketing challenges with custom, performance-driven solutions.  Readers turn to us for all the news and information that matters to them nationwide. Adtaxi is an exclusive program with the ability to reach 196M or 95% of the U.S. wired population that was established in 2010. Learn more at www.medianewsgroup.com.

“3x Built In Best Places to Work Winner - 2023, 2024 & 2025”

Benefits and Compensation:

The salary range is $70,000 - $75,000. Pay is based on several factors including but not limited to geographic location, education, work experience, time in role, certifications, etc. In addition to your salary, the Company offers eligible employees a variety of benefits including medical, dental, life and disability insurance, 401k, as well as paid time off and select paid holidays (all benefits are based on eligibility). Please click the following link for more detailed information: http://www.mybensite.com/mng.

 

EEO Statement:

 

We are an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

How To Apply:

  • Please submit an online application along with your resume for this position here: https://myworkdaycenter.wd5.myworkdayjobs.com/MNG/job/Willoughby-Ohio/Cash-Applications-Manager_R2539

 

Closing Date:

  • Continuous recruitment until the position is filled

Conditions of Employment: 

  • A full pre-employment background check will be conducted as part of the selection process. Must be willing to submit and pass the necessary required checks

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Top Skills

Excel
Gaap
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The Company
HQ: Denver, CO
4,000 Employees
Year Founded: 1985

What We Do

At MediaNews Group, our employees are our greatest asset.

MediaNews Group (MNG) was established in 1985 and has over 4,000 employees nationwide including subsidiaries and other corporate affiliates. There are more than 100 different brands within our portfolio. In addition to our print products, we are a client-centric digital organization that brings scale, precision, and sophistication to digital marketing. Leveraging the belief that people matter as much as technology, our suite of products, including Adtaxi, helps advertisers solve complex marketing challenges with custom, performance-driven solutions. Readers turn to us for all the news and information that matters to them nationwide. Adtaxi is an exclusive program with the ability to reach 196M or 95% of the U.S. wired population that was established in 2010. Learn more at www.medianewsgroup.com.

Why Work With Us

We are a team-first culture that ensures every employee has the opportunity to grow and learn. At MNG, we promote from within and work with team members to achieve their full potential. We truly believe that failure is not a setback, but an opportunity. Join our team and feel good about what you're doing and where you're going!

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