Cash Application Specialist

Misumi USA
Schaumburg, IL
About MISUMI USA
MISUMI is a global leader in manufacturing and automation components, supporting engineers and innovators with high-quality, configurable products delivered with speed and precision. As one of the most comprehensive and user-friendly resources for factory automation components, MISUMI offers an unmatched selection of standard and customized parts to meet precise customer specifications.

We are committed to empowering customers to complete complex design work quickly and efficiently. At MISUMI USA, we value operational excellence, continuous improvement, and a collaborative culture.


Position Summary
The Cash Application Specialist is responsible for processing a high volume of customer payments accurately and in a timely manner. This role plays a critical part in ensuring proper cash application, resolving unapplied cash issues, and maintaining strong collaboration with the Credit and Accounts Receivable teams.
This role is ideal for someone who values structure, accuracy, and consistency, and takes pride in producing precise and reliable work.

Key Responsibilities
  • Process daily customer payment applications
  • Process incoming payments via Lockbox, ACH/EFT, and Wires
  • Review lockbox deposits and process unmatched payments
  • Balance daily cash receipts including ACH, Wires, and Netting receipts
  • Resolve unapplied cash issues in partnership with the Credit Department
  • Collaborate closely with AR Specialists to ensure timely and accurate cash application
  • Enter invoice information into customer portals as required
  • Record electronic deposits
  • Perform additional accounting duties as assigned by the Credit & AR Supervisor

Qualifications
Required:
  • High School Diploma or equivalent
  • Minimum of 1 year of cash application experience
  • Strong aptitude for numbers and financial accuracy
  • Proficiency in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint)
  • Strong problem-solving skills
  • Effective written and verbal communication skills
  • High attention to detail with the ability to manage multiple responsibilities
Preferred:
  • Associate’s or Bachelor’s degree in Accounting, Finance, Business Administration, or related field

What We Offer
At MISUMI, we invest in our employees’ success. You will receive the training and support needed to excel in your role, along with opportunities for professional growth within a collaborative, team-oriented culture.
We offer:
  • Competitive compensation
  • Comprehensive medical, dental, and vision benefits
  • 401(k) with company match
  • Hybrid work flexibility
  • Paid time off, volunteer time off, company holidays, and one floating holiday
  • Growth and development opportunities
MISUMI is proud to be recognized by Comparably with multiple workplace awards, including Happiest Employees (three-time recipient), Best Company Perks & Benefits, Best Leadership Teams, Best Product & Design Teams, and Best Company Work-Life Balance — reflecting our employee-centric culture and strong leadership. Pay Rate: $22.50–$24.50 per hour


Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation for any particular employee remains in the Company’s sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
Applicants must currently be authorized to work in the United States on a full-time basis. Sponsorship for work authorization is not available.

Applicants must currently be authorized to work in the United States on a full-time basis. Sponsorship for work authorization is not available.

MISUMI is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, marital status, sexual orientation, citizenship status, genetic information, gender identity, or any other protected status under applicable law.

FOR CALIFORNIA RESIDENTS:

MISUMI USA, Inc. (“MISUMI”) complies with the California Consumer Privacy Act (“CCPA”), California Privacy Rights Act (“CPRA”), and other applicable privacy laws. We may collect the following categories of personal information for purposes of the application and hiring process: name and contact information (phone number; mailing address; email address(es)); education and qualifications; employment history and experience; LinkedIn profile; and other information voluntarily provided by the applicant. Under the CCPA and CPRA, California residents have the right to know, correct, delete, and/or limit the use of certain information collected by MISUMI. For further information, see our full privacy policy at If you have any concerns, please send an email to [email protected].

Posted 2026-03-09

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