Lead Cash Application Specialist

Summary:

MediaNews Group is seeking a Lead Cash Application Specialist! This position is responsible for the day-to-day operations of cash applications processes for assigned properties (newspapers) owned by the company. This includes, but is not limited to: applying cash manually and through interfaces to A/R accounts from multiple inflows, working error reports from interfaces, performing a 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 serve as the key contact for sales personnel at field locations

• Utilize 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

• Assist in implementing best practices for A/R activities, reporting, communications, and team development

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

• Aid in establishing productivity and quality performance measurements, monitoring performance against established goals, and coaching employees on process improvements

• Process and deposit any live checks for GL items

• Monitor cash team productivity and performance and report metrics

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

• Bolster communication and teamwork within, and across, other SSC departments

• Enforce all Cash Application policies, controls, processes, and procedures

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

What you will bring:

• Aptitude for reading and comprehending written instructions (including process, policy, and procedures manuals), correspondence, and financial documents

• Demonstrated ability to deliver verbal and written communications efficiently and effectively to all levels within the organization

• Ability to resolve issues independently with coworkers and clients

• Knowledge of accounting process and controls

• Comprehensive knowledge and application of GAAP

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

• The minimum education required to be considered for this position is a GED or high school diploma; Associate’s degree preferred

• Ability to create Excel spreadsheets using formulas as needed

• One year of Cash Applications or business experience required; 3 to 5 years preferred

Benefits and Compensation:

The hourly wage is $20.00 - $20.25 + a one time $500 sign on bonus. 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: www.mymedianewsgroup.com

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.

“4x Built In Best Places to Work Winner - 2023-2026”

EEO Statement:

We are an equal opportunity employer. All applicants will be considered for employment without regard 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.

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