FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.
Sorry, we can't find that. Please try a different city or state.
APPLY NOW
Apply Now
×
FIND
PERSONALIZED JOBS

Sorry, we can't find that. Please try a different city or state.

CONTENT HAS
BEEN UNLOCKED
Close this window to view unlocked content
or
find interesting jobs in

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign Up

SIGN UP TO UNLOCK CONTENT

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign up to save the job and get personalized job recommendations.

Sign up to dismiss the job and get personalized job recommendations.

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Already have an account? Log in

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Company Saved

Answer a few questions and view jobs at that match your preferences.

Where do you want to work?

Job Saved

See your Saved Jobs now

or

find more interesting jobs in

Job Dismissed

Find better matching jobs in

Your search has been saved!

Become A Cash Application Specialist

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As A Cash Application Specialist

  • Getting Information
  • Interacting With Computers
  • Processing Information
  • Documenting/Recording Information
  • Organizing, Planning, and Prioritizing Work
  • Mostly Sitting

  • Repetitive

  • $49,000

    Average Salary

What Does A Cash Application Specialist Do

Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy.

Duties

Bookkeeping, accounting, and auditing clerks typically do the following:

  • Use bookkeeping software, online spreadsheets, and databases
  • Enter (post) financial transactions into the appropriate computer software
  • Receive and record cash, checks, and vouchers
  • Put costs (debits) and income (credits) into the software, assigning each to an appropriate account
  • Produce reports, such as balance sheets (costs compared with income), income statements, and totals by account
  • Check for accuracy in figures, postings, and reports
  • Reconcile or note and report any differences they find in the records

The records that bookkeeping, accounting, and auditing clerks work with include expenditures (money spent), receipts (money that comes in), accounts payable (bills to be paid), accounts receivable (invoices, or what other people owe the organization), and profit and loss (a report that shows the organization’s financial health).

Workers in this occupation have a wide range of tasks. Some are full-charge bookkeeping clerks who maintain an entire organization’s books. Others are accounting clerks who handle specific tasks.

These clerks use basic mathematics (adding, subtracting) throughout the day.

Bookkeeping, accounting, and auditing clerks use specialized computer accounting software, spreadsheets, and databases to enter information from receipts or bills. They must be comfortable using computers to record and calculate data.

The widespread use of computers also has enabled bookkeeping, accounting, and auditing clerks to take on additional responsibilities, such as payroll, billing, purchasing (buying), and keeping track of overdue bills. Many of these functions require clerks to communicate with clients.

Bookkeeping clerks, also known as bookkeepers, often are responsible for some or all of an organization’s accounts, known as the general ledger. They record all transactions and post debits (costs) and credits (income).

They also produce financial statements and other reports for supervisors and managers. Bookkeepers prepare bank deposits by compiling data from cashiers, verifying receipts, and sending cash, checks, or other forms of payment to the bank.

In addition, they may handle payroll, make purchases, prepare invoices, and keep track of overdue accounts.

Accounting clerks typically work for larger companies and have more specialized tasks. Their titles, such as accounts payable clerk or accounts receivable clerk, often reflect the type of accounting they do.

The responsibilities of accounting clerks frequently vary by level of experience. Entry-level accounting clerks may post details of transactions (including date, type, and amount), add up accounts, and determine interest charges. They also may monitor loans and accounts to ensure that payments are up to date.

More advanced accounting clerks may add and balance billing vouchers, ensure that account data are complete and accurate, and code documents according to an organization’s procedures.

Auditing clerks check figures, postings, and documents to ensure that they are mathematically accurate and properly coded. They also correct or note errors for accountants or other workers to fix.

Show More

Show Less

How To Become A Cash Application Specialist

Most bookkeeping, accounting, and auditing clerks need some postsecondary education and also learn some of their skills on the job. They must have basic math and computer skills, including knowledge of spreadsheets and bookkeeping software.

Education

Employers generally require bookkeeping, accounting, and auditing clerks to have some postsecondary education, particularly coursework in accounting. However, some candidates can be hired with just a high school diploma.

Training

Bookkeeping, accounting, and auditing clerks usually get on-the-job training. Under the guidance of a supervisor or another experienced employee, new clerks learn how to do their tasks, including double-entry bookkeeping. In double-entry bookkeeping, each transaction is entered twice, once as a debit (cost) and once as a credit (income), to ensure that all accounts are balanced.

Some formal classroom training also may be necessary, such as training in specialized computer software. This on-the-job training typically takes around 6 months.

Licenses, Certifications, and Registrations

Some bookkeeping, accounting, and auditing clerks become certified. For those who do not have postsecondary education, certification is a particularly useful way to gain expertise in the field. The Certified Bookkeeper (CB) designation, awarded by the American Institute of Professional Bookkeepers, shows that those who have earned it have the skills and knowledge needed to carry out all bookkeeping tasks, including overseeing payroll and balancing accounts, according to accepted accounting procedures.

For certification, candidates must have at least 2 years of full-time bookkeeping experience or equivalent part-time work, pass a four-part exam, and adhere to a code of ethics.

The National Association of Certified Public Bookkeepers also offers certification. The Uniform Bookkeeper Certification Examination is an online test with 50 multiple-choice questions. Test takers must answer 75 percent of the questions correctly to pass the exam.

Advancement

With appropriate experience and education, some bookkeeping, accounting, and auditing clerks may become accountants or auditors.

Important Qualities

Computer skills. Bookkeeping, accounting, and auditing clerks need to be comfortable using computer spreadsheets and bookkeeping software.

Detail oriented. These clerks are responsible for producing accurate financial records. They must pay attention to detail in order to avoid making errors and recognize errors that others have made.

Integrity. Bookkeeping, accounting, and auditing clerks have control of an organization’s financial documentation, which they must use properly and keep confidential. It is vital that they keep records transparent and guard against misappropriating an organization’s funds.

Math skills. Bookkeeping, accounting, and auditing clerks deal with numbers daily and should be comfortable with basic arithmetic.

Show More

Show Less

Do you work as a Cash Application Specialist?

Send To A Friend

Cash Application Specialist Jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Cash Application Specialist Career Paths

Cash Application Specialist
Accounts Receivable Specialist Staff Accountant Accountant
Accounting Manager
7 Yearsyrs
Accounts Receivable Specialist Staff Accountant Senior Finance Analyst
Manager Finance Planning And Analysis
8 Yearsyrs
Accounts Receivable Specialist Accountant Controller
Corporate Controller
12 Yearsyrs
Billing Specialist Team Leader Office Manager
Business Office Manager
7 Yearsyrs
Billing Specialist Medical Coder Office Manager
Office Manager Of Human Resources
6 Yearsyrs
Billing Specialist Accountant
Accountant And Office Manager
6 Yearsyrs
Accounts Receivable Clerk Staff Accountant Accounts Payable Supervisor
Accounts Payable Manager
7 Yearsyrs
Accounts Receivable Clerk Payroll Administrator Office Manager
Accounts Receivable Manager
6 Yearsyrs
Accounts Receivable Clerk Payroll Administrator Senior Accountant
Finance Controller
9 Yearsyrs
Specialist Consultant Controller
Accounting Director
11 Yearsyrs
Specialist Consultant Accounting Manager
Plant Controller
10 Yearsyrs
Specialist Credit Analyst
Credit Manager
5 Yearsyrs
Credit Analyst Finance Analyst Accounting Manager
Senior Accounting Manager
10 Yearsyrs
Credit Analyst Credit Manager
Credit And Collection Manager
7 Yearsyrs
Accounts Receivable Analyst Finance Analyst Accounting Manager
Manager, Accounting Operations
7 Yearsyrs
Accounts Receivable Analyst Finance Analyst Controller
Assistant Director Of Finance
7 Yearsyrs
Accounts Receivable Analyst Senior Accountant Assistant Controller
Comptroller
6 Yearsyrs
Analyst Senior Accountant Accountant And Office Manager
Account Human Resources Manager
6 Yearsyrs
Collections Specialist Billing Analyst Project Accountant
Management Accounts Manager
5 Yearsyrs
Collections Specialist Accounts Receivable Supervisor Accounts Payable Manager
Account Operations Manager
6 Yearsyrs
Show More
Share

Do you work as a Cash Application Specialist?

Help others decide if this is a good career for them

Average Length of Employment
Account Technician 3.4 years
Billing Specialist 3.0 years
Finance Specialist 3.0 years
Account Processor 2.9 years
Payment Processor 2.7 years
Account Specialist 2.7 years
Cash Accountant 2.6 years
Posting Clerk 2.4 years
Top Careers Before Cash Application Specialist
Cashier 5.5%
Bookkeeper 3.6%
Specialist 2.6%
Teller 2.5%
Top Careers After Cash Application Specialist
Cashier 5.4%
Accountant 3.8%
Specialist 3.7%
Bookkeeper 2.9%
Analyst 2.6%

Do you work as a Cash Application Specialist?

Cash Application Specialist Demographics

Gender

Female

70.9%

Male

17.6%

Unknown

11.5%
Ethnicity

White

61.6%

Hispanic or Latino

15.7%

Black or African American

12.0%

Asian

7.3%

Unknown

3.5%
Show More
Foreign Languages Spoken

Spanish

66.7%

Russian

4.8%

French

3.6%

Arabic

3.6%

Vietnamese

2.4%

Tagalog

2.4%

Hindi

1.2%

Ruthenian

1.2%

Mandarin

1.2%

Indonesian

1.2%

Hungarian

1.2%

Wolof

1.2%

Bengali

1.2%

Tamil

1.2%

Cantonese

1.2%

Carrier

1.2%

Malayalam

1.2%

Italian

1.2%

Portuguese

1.2%

Chinese

1.2%
Show More

Cash Application Specialist Education

Schools

University of Phoenix

29.4%

Strayer University

14.9%

Southern New Hampshire University

4.9%

Georgia State University

4.0%

Ashford University

3.7%

Cuyahoga Community College

3.7%

Houston Community College

3.7%

Kaplan University

3.4%

Kennesaw State University

3.1%

Middle Tennessee State University

2.9%

Colorado Technical University

2.9%

Northern Virginia Community College

2.9%

Roosevelt University

2.6%

Texas State University

2.6%

Pennsylvania State University

2.6%

Kent State University

2.6%

American InterContinental University

2.6%

Georgia Perimeter College

2.6%

University of Missouri - Saint Louis

2.6%

Liberty University

2.6%
Show More
Majors

Accounting

30.4%

Business

28.2%

Health Care Administration

8.9%

Finance

5.0%

Management

3.3%

Psychology

2.9%

Medical Assisting Services

2.7%

Criminal Justice

2.0%

General Studies

1.9%

Nursing

1.8%

Human Resources Management

1.6%

Communication

1.6%

Liberal Arts

1.5%

Computer Information Systems

1.3%

Education

1.3%

Computer Science

1.2%

Marketing

1.1%

English

1.1%

Political Science

1.1%

Economics

1.0%
Show More
Degrees

Bachelors

37.8%

Other

26.7%

Associate

17.4%

Masters

8.0%

Certificate

6.4%

Diploma

3.5%

License

0.2%

Doctorate

0.1%
Show More

Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$49,000
View Detailed Salary Report
$30,000
Min 10%
$49,000
Median 50%
$49,000
Median 50%
$49,000
Median 50%
$49,000
Median 50%
$49,000
Median 50%
$49,000
Median 50%
$49,000
Median 50%
$78,000
Max 90%
Best Paying Company
Cepheid
Highest Paying City
San Antonio, TX
Highest Paying State
Hawaii
Avg Experience Level
2.8 years
How much does a Cash Application Specialist make at top companies?
The national average salary for a Cash Application Specialist in the United States is $49,057 per year or $24 per hour. Those in the bottom 10 percent make under $30,000 a year, and the top 10 percent make over $78,000.

How Would You Rate The Salary Of a Cash Application Specialist?

Have you worked as a Cash Application Specialist? Help other job seekers by rating your experience as a Cash Application Specialist.

Top Skills for A Cash Application Specialist

  1. Customer Service
  2. Lockbox
  3. Payment Arrangements
You can check out examples of real life uses of top skills on resumes here:
  • Provided clients with superior customer service; delivered all projects to asset manager and financial institutions accurately and on deadline.
  • Process and apply all incoming payments, including lockbox, wires, in-house checks and credit cards.
  • Reconciled customer accounts and facilitate payment arrangements.
  • Created D&B reports, checked credit reference, review current and new accounts to determine credit worthiness.
  • Provided professional reliable and prompt service to internal/external clients, while maintaining a positive achievement oriented attitude.

What is it like to work as a Cash Application Specialist

4.0

Spring Board to the Future

August 20, 2019 on Zippia

What was your job title?

Cash Application Specialist.. Show More

What do you like the most about working as Cash Application Specialist?

Being able to work with a variety of people of different aptitudes with different focuses. Learning the ins and outs of the financial world, as well as networking for the future. Able to stay on top of technological advances and stay competitive for future advancement... Show More

What do you NOT like?

Inefficient flow of information from top to bottom... Show More

How Would You Rate Working As a Cash Application Specialist?

Are you working as a Cash Application Specialist? Help us rate Cash Application Specialist as a Career.

Top Cash Application Specialist Employers

Jobs From Top Cash Application Specialist Employers

Cash Application Specialist Videos

Introduction to Order to Cash Process

Credit Analysis Manager, Career Video from drkit.org

RBI-Reserve bank of India Recruitment Notification 2016. IBPS, PO, Clerk, Exam dates

Related to your recently viewed content