The Cash Application Associate is responsible for accurately applying incoming payments to customer accounts, ensuring timely and precise reconciliation of financial transactions. This role supports the Accounts Receivable function by maintaining clean, up‑to‑date customer ledgers and collaborating closely with internal teams to resolve discrepancies.
discrepancies.
Key Responsibilities
- Process and apply daily customer payments, including checks, ACH, wire transfers, and lockbox activity.
- Reconcile payment batches and ensure all remittance information is accurately recorded.
- Process high volume of credit card payments received from customers, including Xipay daily reconciliation and troubleshoot credit card settlement failures.
- Prepare and apply customers’ write offs and tax credits in coordination with Collection team
- Research and resolve unapplied or misapplied cash, short pays, and unidentified payments.
- Communicate with customers, sales teams, and internal departments to obtain missing remittance details or clarify payment issues.
- Maintain accurate and organized documentation for audit and reporting purposes.
- Monitor customer accounts to ensure balances are current and discrepancies are addressed promptly.
- Support month‑end closing activities by preparing reports and assisting with account reconciliations.
- Identify process improvement opportunities to enhance efficiency and accuracy within the cash application workflow.
Qualifications
- High school diploma or equivalent; associate or bachelor’s degree in Accounting, Finance, or related field preferred.
- Experience in accounts receivable or cash application is strongly preferred.
- Strong attention to detail and high level of accuracy in data entry.
- Proficiency with ERP systems and Microsoft Excel.
- Excellent communication and problem‑solving skills.
- Ability to work independently, manage multiple priorities, and meet deadlines.
Competencies
- Analytical thinking
- Customer service orientation
- Time management
- Team collaboration
Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.
Benefits: Bio-Rad's biggest asset is its people, and the reason why our Total Rewards deliver programs that provide value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Our robust offerings serve to enrich the overall health, wealth, and wellbeing of our employees through the various stages of an employee’s work and life cycle. We’re proud to offer a variety of options, including competitive insurance plans for you and your immediate family, Annual Health checkup , Marriage Leave, Paternity Leave ,Employee Assistance Programme , extensive learning and development opportunities, and more.
EEO Statement: Bio-Rad is an Equal Employment Opportunity/Affirmative Action employer, and we welcome candidates of all backgrounds. Veterans, people with disabilities, and people of all races, ethnicities, genders, ages, and orientations are encouraged to apply.
Agency Non-Solicitation: Bio-Rad does not accept agency resumes, unless the agency has been authorized by a Bio-Rad Recruiting Representative. Please do not submit resumes unless authorized to do so. Bio-Rad will not pay for any fees related to unsolicited resume
Skills Required
- High school diploma or equivalent
- Associate or bachelor's degree in Accounting, Finance, or a related field
- Experience in accounts receivable or cash application
- Strong attention to detail and accuracy in data entry
- Proficiency with ERP systems and Microsoft Excel
- Excellent communication and problem-solving skills
- Ability to work independently, manage multiple priorities, and meet deadlines
What We Do
Since Bio-Rad was founded 70 years ago, we have continued to provide the healthcare industry with innovative and useful products that help life science researchers accelerate the discovery process and medical diagnostic labs obtain faster, better results. Throughout our existence, we have built long-lasting customer relationships that help advance our research and development efforts in the introduction of new products and solutions. Today, Bio-Rad is a global leader, with a team of over 8,000 employees and a global network of operations that serves our life science research and clinical diagnostics customers, helping people live longer, healthier lives.
