OUR MISSION AND PERFORMANCE EXPECTATIONS

The MENTOR Network is a mission-based organization dedicated to providing high quality services to those we serve.  Therefore, to deliver on our mission, The Network expects every employee to perform his or her job first and foremost in accordance with the Company’s mission.

SUMMARY

The Cash Posting Associate is responsible for ensuring that all cash is posted, adjusted when needed, and reconciled in an accurate and timely manner. They are responsible for effectively communicating with others on any issues preventing a payment from being posted.

ESSENTIAL JOB FUNCTIONS

To perform this job successfully, an individual must be able to satisfactorily perform each essential function listed below: 

• Utilizes AR software to process cash application manually or electronically (835 file).
• Utilizes document management software to prioritize and process transactions daily.
• Updates and reconciles cash log to capture all cash deposits for the month and prior month’s unapplied payments.
• Obtains and analyzes guarantor remittance advices for accurate cash posting purposes.
• Processes and posts payments, liability transfers, and small balance sales adjustments in a timely manner.
• Reconciles processed payments and update cash log to ensure posting accuracy
• Maintains supporting documentation (Treasury reports, payment registers, remittance advices, etc.) for all cash posting transactions.
• Researches, escalates, and resolves any posting discrepancies.
• Notifies supervisor of payment reconciliation issues or posting delays.
• Participates and/or facilitates meetings with key staff to discuss issues impacting cash application.
• Assists with the resolution of any posting issues that could impact the monthly sub ledger close.
• Coordinates and performs month-end sub ledger close.
• Maintains accounts receivable processing manual and reference materials.
• Ensures internal control compliance with all assigned areas and other audit requirements.
• Assists in the onboarding of new hires and provide training and technical assistance to assigned worker(s) as needed.
• Embraces concept mentoring by actively participating in team meetings and fostering an environment in which team members proactively collaborate with one another.
• Proactively supports management as well as the objectives and goals of the department.
• Supports special projects, mission critical initiatives and performs other duties as assigned by the Supervisor.
• Perform system testing

SUPERVISORY RESPONSIBILITIES

None Required
 

Minimum Knowledge and Skills required by the Job

The requirements listed below are representative of the knowledge, skill, and/or abilities required to perform the job: 

Education and Experience: 

• High school diploma or equivalent
• Associates or Bachelor's degree in a Finance related field preferred
• No experience in cash posting necessary

Certificates, Licenses, and Registrations:

• None required.

Other Skills and Abilities:

• Must be self-motivated and detail oriented
• Must have excellent communication skills
• Must be highly organized with ability to multi-task
• Must have analytical skills and the ability to collect information from different sources
• Effectively use Microsoft Office (Word, Excel, PowerPoint, Outlook, etc.)

Other Requirements:

• Travel as needed

Physical Requirements:

• Sedentary work.  Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body.  Sedentary work involves sitting most of the time.  Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

AMERICANS WITH DISABILITIES ACT STATEMENT

External and internal applicants, as well as position incumbents who become disabled, must be able to perform the essential job functions either unaided or with assistance of a reasonable accommodation to be determined on a case by case basis via the interactive process.