Automotive Cash Application Specialist

Cash Application SpecialistAsbury Automotive Group is a Fortune 500 company and one of the largest franchised automotive retailers in the United States. We are redefining the traditional dealership model through innovative technologies and our commitment to our team members, guests, and partners. Our culture focuses on the vision of becoming the Most Guest Centric Automotive Retailer.

At Asbury, we work together to provide exceptional experiences for our guests while promoting a fun, supportive and inclusive environment where team members can thrive both personally and professionally. Based on our efforts, we have been recognized as one of the best places to work by both Newsweek and US News & World Report.The Cash Application Specialist will be responsible for reconciling and posting all accounts receivable payments for the stores assigned to them. In addition, they will support the dealerships with credit override requests as per the posted schedule and assist with special projects as requested by AR Director and AR Managers.Duties/ResponsibilitiesReconciliation of checks, ACH and credit card payments receivedVerifies each invoice paid on remittance advice comparative to account status in CDKContacts customers that do not include remittance advice to determine what payment is forDetermines which bank account to post to and accurately post each deposit for the correct platform via the CAP function in CDKIdentifies and corrects any out of balance situations within a depositScans and emails to the appropriate AR manager all back up for any short or under payments on accountAdvises AR Manager when a lump sum payment has been issuedPushes additional documents received with payment to the appropriate personnelSends 4:00 posting status to management team so that other cash application specialists can be utilized if carry over posting may occurProcesses Credit Card BatchesMonitors credit override requests from Microsoft Outlook from parts and service personnel for assigned platform as per schedulePrints request and back up information to present to Director or AR manager for override approval/denialAfter Director/Manager has made a credit decision, accesses the COV function in CDK and perform the override or change the invoice to cash as per management approvalPromptly replies to the email request with the necessary informationBoxes up all deposits from file cabinet prior to month end, determine what is shredded and what is sent to permanent storage on a rotating schedulePerforms other related duties to benefit the mission/vision of the organizationEducation & ExperienceAn understanding of General Accounting PrincipalsA general understanding and working knowledge of CDK and Microsoft OutlookA solid understanding of the Accounts Receivable FunctionPay and Recognition:Weekly payPaid holidays & paid time offPaid trainingStock Awards (select management and front-line team member's eligible)Insurance / Retirement:Insurance: medical, vision, dental, accident, critical illness and hospital indemnity plansUp to 12 weeks paid pregnancy leave (disability leave)Paid Parental LeaveHealth savingsFlex spending accounts (tax free)Short-term and Long-term disability plansLife Insurance (Whole Life and Term)401k with company matchLearning, Tuition Assistance and Career Development:Digital career path tool to assist with career developmentContinuous training through Asbury's Internal Learning Management SystemProfessional growth and development opportunities Additional advantages:Student loan relief resourcesEmployee assistance programEmployee discounts on parts and service repairsScholarship awardsOpportunities to join our community service initiatives, which includes paid volunteer hoursAggressive Employee referral program with bonus opportunitiesAsbury Automotive Group is an equal opportunity employer.

We provide equal employment opportunities to all individuals regardless of their race, color, religion, sex, national origin, age, disability, pregnancy, sexual orientation, gender identity, genetic information, or any other protected category as defined by applicable laws. We prohibit discrimination or harassment based on any of these characteristics and affirm our commitment to fostering an inclusive and diverse workplace.