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Richard Wolf Medical Instruments

Cash Applications Specialist

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What they do

An Accounting Clerk keeps records of accounts and financial transactions. Works for a business or provides bookkeeping services for several smaller organizations or individuals. Provides information for financial and tax reports completed by an accountant.

$42,811 / year median in the U.S.

-7% projected decline

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Job Description

Cash Applications Specialist Richard Wolf Medical Instruments 24 To 26 (USD) Hourly parental leave, paid time off, tuition reimbursement, 401(k) United States, Illinois, Vernon Hills 353 Corporate Woods Parkway (Show on map) Jul 31, 2026
Position Type:
Direct Hire
Shift/Hours:
1st shift
Location:
Vernon Hills, IL Responsible for handling all incoming cash as well as setting up requested payment services for customers.
REQUIREMENTS AND RESPONSIBILITIES
Prepares remittances and enters daily SAP cash transactions, including bank deposits from lockbox, credit card payments, ACH payments and physical checks. Processes credit card payments and preauthorization's as needed. Processes reimbursements to customers regarding overpayments. Follows up on all short payments. Investigates and resolves payment discrepancies, including unidentified payments, overpayments, and returned payments. Promotes and models RWMIC Core Values in all interactions and responsibilities.
ADDITIONAL RESPONSIBILITIES
Works closely with finance and accounting teams to ensure accurate financial reporting. Assists with financial year end audit if needed. Aware of and complies with the RWMIC Quality Manual and regulations & requirements as they apply to this job type/position. Completes all planned Quality & Compliance training within the defined deadlines. Other duties as assigned by the Accounting Manager.
QUALIFICATIONS
High School diploma or equivalent. A.A. or A.S. in Accounting or Finance preferred. Minimum of 2 years' SAP cash accounting experience. Ability to work effectively independently, as well as part of a team. Intermediate PC user, utilizing Microsoft Word, Excel and SAP required. Analytical aptitude in math and problem solving. Ability to understand and interpret basic business concepts. Strong communication and interpersonal skills. Experience with and understanding of multi-cultural and multi-generational differences and the ability to work within this environment is crucial for successful employment. The following physical demands are required: Stand/Sit/Walk 8 hours per day All RWMIC Employees have the responsibility to themselves and the company to work safely. WORK@WOLF We are proud to offer a competitive pay structure along with a well-rounded benefits package designed to support our employees' career growth, health, and work-life balance.
Our benefits include:
401(k) Retirement Savings Plan with Company Match Medical, Dental, and Vision Coverage Company-Paid Life & Disability Insurance Paid Time Off and Paid Parental Leave Flexible Work Options - Telecommuting and Flexible Schedules Tuition Reimbursement for Continuing Education Wellness Program and Flexible Spending Accounts (FSAs) At Richard Wolf, we believe in creating a workplace where everyone has the opportunity to thrive. We are committed to providing equal employment opportunities to all individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, status as a protected veteran, or any other legally protected status. We welcome all qualified candidates to apply for open positions.