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Cash Application Specialist

Bloomington, MN 55425

Posted: 11/03/2025 Employment Type: Contract-to-Hire Category: Accounting & Finance Job Number: 28652

Job Description

Title: Cash Application Specialist
Location: Bloomington, MN | fully onsite
Job Type: Contract-to-Hire
Compensation: $24.00 - $28.00 per hour (W2)
Industry: Financial Services & Payment Processing

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About the Role
We are recruiting on behalf of a well-established organization in the financial services sector that specializes in account resolution and client remittance. This position offers the opportunity to work in a dynamic, detail-oriented environment where accuracy and timeliness are key. The Cash Application Specialist will play a critical role in ensuring the integrity of payment processing and client billing operations.
This is an independent contributor role that supports a collaborative team. Ideal candidates will have prior experience in banking, accounts receivable, or cash applications, and enjoy working with numbers, systems, and processes.
Job Description
As a Cash Application Specialist, you will be a shared resource across the Payment Processing and Remittance teams. You’ll be responsible for posting payments, balancing batches, transferring funds, and preparing client remittance statements. You’ll also support reporting, reconciliation, and assist with training and process improvements.
Key Responsibilities:
  • Post payments (checks, credit cards, ACH) and balance batches daily
  • Deposit checks and initiate fund transfers to client accounts
  • Resolve payment issues (e.g., postdated checks, closed accounts)
  • Compile and distribute daily collection reports
  • Issue checks for client deposits and refunds
  • Prepare and send client remittance statements and documentation
  • Verify fund availability and remit via check, wire, or ACH
  • Import fees to create daily A/R entries in accounting software
  • Support scanning and documentation processes
  • Assist in training new team members
  • Recommend process improvements to enhance productivity
  • Ensure compliance with internal controls and privacy policies

Qualifications
Required Qualifications:
  • 2–3 years of experience in accounting, banking, or payment processing
  • Strong understanding of debits, credits, and money movement
  • Proficiency in Microsoft Excel and general computer skills
  • Ability to work independently while supporting a team
  • High attention to detail and accuracy
  • Strong communication and problem-solving skills
  • High school diploma or equivalent
Preferred Qualifications:
  • Associate degree in Accounting or related field
  • Experience with A/R or Cash Applications
  • Familiarity with FACS Collection Software and Navision G/L
  • Experience with bank portals (ACH, reports, images)
  • Prior use of Desktop Deposit systems
  • Background in credit and collections

Benefits
Dahl Consulting is proud to offer a comprehensive benefits package to eligible employees that will allow you to choose the best coverage to meet your family’s needs. For details, please review the DAHL Benefits Summary: https://www.dahlconsulting.com/benefits-w2fta/.
How to Apply
Take the first step on your new career path! To submit yourself for consideration for this role, simply click the apply button and complete our mobile-friendly online application. Once we’ve reviewed your application details, a recruiter will reach out to you with next steps! For questions or more information about this role, please call our office at (651) 772-9225.
Equal Opportunity Statement
As an equal opportunity employer, Dahl Consulting welcomes candidates of all backgrounds and experiences to apply. If this position sounds like the right opportunity for you, we encourage you to take the next step and connect with us. We look forward to meeting you!
 
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About Bloomington, MN

Ready to kickstart your career in Bloomington, Minnesota? This vibrant city, nestled in the heart of the Land of 10,000 Lakes, offers a perfect blend of natural beauty and urban convenience. With renowned attractions like the Mall of America, the stunning landscapes of the Minnesota Valley National Wildlife Refuge, and the variety of dining options showcasing Nordic cuisine, Bloomington is a hub of cultural experiences waiting to be explored. Home to art galleries, theaters like the Bloomington Center for the Arts, and professional sports teams like the Minnesota Vikings at the U.S. Bank Stadium, this city provides endless opportunities for personal and professional growth. Explore our job listings today and discover why Bloomington is the ideal place to advance your career.