Cash Application Specialist

Meriton is a national team of experts driving HVAC innovation through a network of high-performing companies. From strategy and support to systems and solutions, we work behind the scenes to strengthen operations and build value—for our partners and our people.

If you’re looking to make an impact, we’re glad you’re here. At Meriton, you’ll join a team that believes in big ideas, doing great work, and building careers that matter—every step of the way.

Position Description
Job Title: Cash Application Specialist
Reports To: Cash Application Supervisor
FLSA Status: Non-Exempt
Location: Shared Services Office, Irving, TX (Hybrid)

Summary:
The Cash Application Specialist is a key member of our Accounts Receivable’s Cash team, responsible for the accurate and timely posting of cash from various payment channels. You will play a crucial role in maintaining our financial health by ensuring payments are correctly applied, resolving discrepancies, and supporting our reconciliation processes. This position requires a detail-oriented individual with strong communication skills and a commitment to accuracy and compliance.

Essential Duties and Responsibilities:
Payment Posting:
• Accurately post cash from various banking instruments, including ACH, wires, credit cards, and refunds, to the correct customer invoices within 24 hours.
• Manage and resolve exceptions and unapplied cash, aiming to resolve unapplied funds within two days.

Reconciliation:
• Perform basic reconciliation of unapplied balances and bank deposits against D365 postings.
• Support month-end close by ensuring all balances are accurate.
• Investigate payment issues, process refunds, and handle small balance write-offs.
Customer Communication:
• Communicate with internal departments and customers to investigate unidentified payments and resolve discrepancies.

Compliance & Controls:
• Maintain SOX-compliant cash logs.
• Perform dual review of write-offs/refunds.
• Engage in training refreshers.
• Identify and solve bottlenecks in the cash application process.
• Contribute to continuous improvement efforts, including digital transformation initiatives (D365, PBI).

Other Duties:
• Regular, consistent and necessary to meet the needs of the business
• Assists the cash team and other team members with various research projects and/or special projects
• Performs other duties and responsibilities as assigned
• Must conduct self in an ethical, legal, and responsible manner at all times
• Must adhere to the policies, principles, and guidance within the Employee Handbook and Code of Conduct

Competencies:
• Trust, confidentiality, and professionalism are demonstrated at every level
• Elevated professionalism which demonstrates tempered emotions, empathy, positive intent, and integrity in all interactions.
• Strong verbal and written communication skills
• Ability to solve practical problems and manage a variety of variables in situations and with problems where only limited information or standardization exists
• Open and transparent with a strong work ethic as well as the ability to handle sensitive and confidential information.
• Strong attention to detail
• Ability to work in a fast-paced environment
• Must be a self-starter, independent, and strong organization skills, with the ability to manage multiple priorities and deadlines at any given time
• Ability to establish and build effective working relationships with colleagues and staff. Acceptance of a variety of lifestyles, behaviors, and cultural, and spiritual practices

Education/Experience:
• Associate's degree preferred.
• 2+ years of experience in cash application or a related finance role.
• Proficiency with various banking instruments (ACH, wires, credit cards, refunds)
• Experience with D365 posting automation is a plus.
• Strong reconciliation and problem-solving skills.
• Excellent communication skills and a high level of accuracy and attention to detail.
• Ability to collaborate effectively with cross-functional teams (operations, finance, legal).
• A strong sense of ownership and accountability.
• Knowledge of GAAP and SOX compliance.
• Must be proficient in the Microsoft Office Suite, including Outlook, Excel, PowerPoint and Word

Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essentials functions. The noise level in the work environment is usually moderate. The workplace is in a corporate office environment and the temperature in the work environment is usually moderate. The position’s primary office is the Shared Services, Irving, TX office; however, telework or work at home, on the road, or in a satellite location for portions of the workweek may occur, depending upon project needs and requirements in coordination with your direct supervisor and/or most senior leader of your department.

Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable the individuals with disabilities to perform the essentials functions.
• Must be able to walk, bend, stand, and reach constantly during a workday.
• Must be able to lift 15 – 20 lbs.
• Standing for long periods of time (4-5 hours) occasionally
• Must be able travel via plane or car to events

Employment practices will not be influenced or affected by an applicant’s or employee’s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status.  Reasonable accommodations will be made for qualified individuals with disabilities unless doing so would result in an undue hardship.

Salary ranges listed are dependent upon a candidate’s qualifications, experience, internal equity, and the budgeted amount for the specific role and location.