Lead assistant manager

The Lead Assistant Manager of Accounts Receivable (AR) Cash Application is responsible for overseeing and optimizing the end-to-end cash application process—ensuring incoming payments are posted accurately and timely. This role also entails assisting with team supervision and continuous process improvement.

 

Responsibilities

Cash Application Operations

• Oversee daily processing of cash receipts (checks, ACH, wire, credit cards) and accurately post payments to customer accounts.
• Reconcile unapplied or unidentified payments and resolve discrepancies promptly.
• Ensure accurate bank fee postings, inter-company transfers, ERA posting, denial handling, and write-off management

Reporting & Compliance

• Generate and distribute daily, weekly, and monthly cash application reports; assist with month-end close and audits.
• Maintain compliance with corporate policies, internal controls, and regulatory standards.

Process Improvement & Systems Management

• Identify recurring issues and recommend process automation or optimization strategies (e.g., OCR, AI tools).
• Collaborate with Treasury, Collections, Credit, and IT teams to enhance cash application workflows and system 

 

People Management & Leadership

• Assist in supervising the cash application team, ensuring daily targets and accuracy metrics are met.
• Support training, development, and coaching of team members to drive best practices.
• Collaborate with cross-functional peers and escalate issues to senior AR or Finance leadership as needed.

The Lead Assistant Manager of Accounts Receivable (AR) Cash Application is responsible for overseeing and optimizing the end-to-end cash application process—ensuring incoming payments are posted accurately and timely. This role also entails assisting with team supervision and continuous process improvement.

 

Responsibilities

Cash Application Operations

• Oversee daily processing of cash receipts (checks, ACH, wire, credit cards) and accurately post payments to customer accounts.
• Reconcile unapplied or unidentified payments and resolve discrepancies promptly.
• Ensure accurate bank fee postings, inter-company transfers, ERA posting, denial handling, and write-off management

Reporting & Compliance

• Generate and distribute daily, weekly, and monthly cash application reports; assist with month-end close and audits.
• Maintain compliance with corporate policies, internal controls, and regulatory standards.

Process Improvement & Systems Management

• Identify recurring issues and recommend process automation or optimization strategies (e.g., OCR, AI tools).
• Collaborate with Treasury, Collections, Credit, and IT teams to enhance cash application workflows and system 

 

People Management & Leadership

• Assist in supervising the cash application team, ensuring daily targets and accuracy metrics are met.
• Support training, development, and coaching of team members to drive best practices.
• Collaborate with cross-functional peers and escalate issues to senior AR or Finance leadership as needed.

Bachelor’s Degree