CASH APPLICATION SPECIALIST SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Experienced in reconciling and posting forward balances from payers, the Cash Application Specialist brings expertise in payment postings and cash application within Revenue Cycle Management. This role combines strong data entry skills, proficient mathematical abilities including arithmetic and algebra, and a robust background in cash management and sales tax reporting. The specialist also has effective communication both oral and written, along with excellent interpersonal and negotiating skills, supporting seamless operations and compliance with minimal supervision.

Essential Hard and Soft Skills for a Standout Cash Application Specialist Resume
  • Data Entry
  • Cash Management
  • Revenue Cycle Management
  • Algebra and Arithmetic
  • Financial Reconciliation
  • Sales Tax Reporting
  • Accounting Software Proficiency
  • Microsoft Office Skills
  • Record Keeping
  • Financial Reporting
  • Effective Communication
  • Attention to Detail
  • Negotiation
  • Problem-Solving
  • Time Management
  • Adaptability
  • Organizational Skills
  • Self-Motivation
  • Team Collaboration
  • Decision Making

Summary of Cash Application Specialist Knowledge and Qualifications on Resume

1. BA in Accounting with 3 years of Experience

  • Strong analytical, multi-tasking, and detail to accuracy
  • Prior Lease Plus Batch Posting and Accounting Experience 
  • Intermediate skills in Microsoft Office applications with an emphasis on Excel
  • Experience working with Microsoft Dynamics Great Plains
  • Ability to work independently and as a team member
  • Working experience in cash application or accounting-related field
  • College-level accounting classes preferred or similar work experience
  • Working experience with foreign currency

2. BA in Finance with 4 years of Experience

  • Working experience in a business setting
  • Must be proficient with keyboarding/typing skills at 50 wpm
  • Must have excellent math skills
  • Strong data entry skills and the ability to accurately input a high volume of information
  • Knowledge of health care system, including Medicare, Commercial and Medi-cal/Medicaid coverage
  • Must have a comprehensive understanding of health insurance explanation of benefits/EOB
  • Ability to navigate through various computer programs
  • Ability to work independently as well as cohesively with other team members
  • Knowledge of Office products such as Outlook E-mail, Word and Excel
  • Excellent organizational skills, ability to problem solve and work as an independent worker
  • Exceptional mathematical aptitude, computer, and keyboarding/typing skills
  • Compliance with HIPAA and PHI guidelines
  • Excellent verbal and written communication skills
  • Self-motivated, proactive and takes initiative

3. BA in Business Administration with 5 years of Experience

  • Experience and/or education in the use of Office and ERP System application SAP
  • Autonomous, ready to take initiative, detail-oriented, professional attitude, reliable, with good communication skills
  • Ability to follow up and follow through with multiple tasks
  • Solid background in Economy, Business Management, or Accounting
  • Fluent in Portuguese and English (both written and spoken);
  • Have proficiency in Microsoft Office, with Excel focus
  • Excellent organizational and time management Skills.
  • Experience in accounts receivable and cash applications
  • Superb written and verbal communication skills
  • High capacity for critical thinking and problem-solving to facilitate independent work and contribute to broader team objectives
  • Ability to multitask and manage time amid multiple deadlines

4. BA in Economics with 3 years of Experience

  • Professional work experience in Finance or Accounting 
  • Superior analytical skills and demonstrated ability to draw conclusions and/or summarize findings
  • Strong computer orientation and proficiency with Excel, PowerPoint, and Word software
  • Strong relationship-building and communication skills to work with co-workers around the world and across all business levels.
  • Attention to detail, an ability to manage multiple tasks simultaneously
  • Ability to multitask and meet deadlines
  • Accurate, swift, data entry abilities
  • Must be detail-oriented and maintain a high level of accuracy
  • Experience working with Cash Applications
  • Working experience in an accounts receivable department

5. BA in Management Information Systems with 4 years of Experience

  • Experience with cash applications process and banking applications
  • Cash Management module experience (including CSS impact)
  • Experience with lockbox process and requirements
  • Experience with cash application process development and implementation
  • Experience in accounting systems (Oracle Netsuite preferred)
  • Experience reconciling accounts including bank accounts
  • Industry working experience in PPA/leases and/or loan
  • Demonstrated focus on providing accurate information, analysis, and schedules
  • Detailed-oriented with meticulous attention to detail, including the ability to perform detailed analytical tasks
  • Comfortable with a very busy, widely varied position
  • Strong interpersonal skills as well as outstanding problem-solving skills
  • Ability to work independently with minimal supervision
  • Enthusiastically able to provide calendar and deadline-driven results

6. BA in Mathematics with 5 years of Experience

  • Experience with Accounts Receivable and/or cash application processes
  • Knowledge of banking procedures/lockbox management
  • Proficient with Microsoft Office programs (Strong MS Excel and/or MS Access)
  • Excellent experience working in SAP
  • Knowledge of internal controls and SOX procedures
  • Experience working with offshore team members
  • Strong attention to detail and follow-up skills with the ability to identify and resolve problems.
  • Strong aptitude for math, and understanding and analyzing large amounts of data from multiple sources.
  • Self-motivated and able to work well with minimal supervision or in a team environment
  • Ability to identify opportunities to increase accuracy, optimize resources, and recommend solutions.
  • Cash applications experience or equivalent combination of education and experience.
  • Proficient with Microsoft Office and Windows applications.
  • Experience working with Microsoft Dynamics

7. BA in Business Analytics with 3 years of Experience

  • Experience in identifying, reconciling and posting forwarding balances received from payers.
  • Working experience with posting payments/cash application
  • Possesses strong and accurate data entry skills.
  • Solid understanding of Revenue Cycle Management. 
  • Ability to communicate effectively both orally and in writing. 
  • Strong interpersonal and negotiating skills, along with solid mathematical skills. 
  • Able to follow procedures with little immediate supervision. 
  • Knowledge of arithmetic, algebra and their applications. 
  • The ability to add, subtract, multiply, or divide quickly and correctly.
  • Solid background in cash management and sales tax reporting.
  • Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, and other office procedures and terminology. 
Relevant Information
Cash Analyst Skills, Experience, and Job Requirements