Cash Application Specialist

Summary: This position is responsible for applying cash against open Accounts Receivable (A/R) for both advertising and/or circulation accounts. This position assists in account research, A/R reporting and aging, and other accounting tasks as needed. Please note: This position will be on-site at our office in Willoughby, OH. What you will do: Key Mavro and run the lockbox to Advertising interfaces Work error reports from interfaces (such as from the lockbox) Apply payments that were identified as exceptions from the lockbox operation Perform account research on A/R balances to provide advertisers with statements and account history Process any manual cash applications Reconcile bank receipts to the Accounts Receivable balances Critical customer service support to sales organization and outside customers Prepare and submit balance write-offs Work misapplied/unapplied balances. Research account balances to correct issues Field questions from sales organization on open balances and accounts on credit hold Complete credit card, lockbox, and e-lockbox processes Use and maintain A/R collections module in Circulation System(s) Perform daily cash balancing and reconciliation including three way match: system, bank, general ledger Support Collections when account questions arise What you will bring: knowledge of accounting process and controls High attention to detail Ability to create Excel spreadsheets using formulas as needed Propensity to solve practical problems and deal with a variety of variables in situations where only limited standardization exists 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; Associates degree preferred Proficient at 10-key One or more years of business experience Benefits and Compensation: The hourly wage is $18.50 + a one time $500 sign on bonus. Pay is based on several factors including but not limited to 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: http://www.mybensite.com/mng 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. 3x Built In Best Places to Work Winner - 2023, 2024 & 2025 EEO Statement: We are an equal opportunity employer. All applicants will be considered for employment without attention 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 Travel This position entails occasional driving for work assignments, in-person training sessions and/or meetings. The employee will be responsible for transporting themselves between different sites as needed #LI-AR1 We are people first. Our people are our differentiator. Together, we are reinventing an industry. Transforming the future of media we pride ourselves on sharing engaging stories that inform, inspire, and connect with readers across a diverse collection of trusted local media brands. MediaNews Group is a leader in local, multi-platform news and information, distinguished by its award-winning, original content and high quality, diversified portfolio of local media assets. We offer local news and information web sites and mobile apps offering rich multimedia experiences across the nation. MediaNews Group, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.