Cash Application Specialist
Company: ASSA ABLOY Door Security Solutions Canada
Reports to: Credit Manager
Location: Vaughan, Ontario Canada
ASSA ABLOY Door Security Solutions provides end-users—including healthcare facilities, schools, universities, military installations, and commercial buildings—with industry-leading security and life-safety solutions. We also offer essential support services such as LEED consultation, code compliance, access control system integration, product research and selection, specification writing, and technical support to ensure well-functioning doorway systems within the commercial building industry.
This is accomplished by combining the strengths of world-class door and hardware brands under the ASSA ABLOY Group.
We are seeking a Cash Application Specialist to be based in our Vaughan, Ontario location.
Job Summary
The Cash Applications Specialist is responsible for the accurate and timely application of customer payments to accounts receivable, ensuring clean customer ledgers and supporting effective credit and collections processes. This role plays a critical part in cash flow management, dispute resolution, and month-end close activities, working closely with Credit, Collections, and Accounting teams.
Key Responsibilities
- Apply customer payments (EFT, ACH, wire, cheque, lockbox) accurately and timely to customer accounts.
- Research and resolve unapplied cash, short pays, overpayments, and deductions.
- Match remittances to invoices using customer portals, bank data, and remittance advice.
- Process credit card payments and portal-based collections where applicable.
- Liaise with Credit & Collections team to resolve payment discrepancies and disputes.
- Maintain accurate AR records in the ERP system.
- Reconcile daily cash receipts to bank statements and general ledger.
- Support month-end close activities, including AR reconciliations.
- Respond to internal and external inquiries related to customer payments.
- Assist with process improvements to enhance cash application efficiency and accuracy.
- Support audit requests and internal controls related to cash receipts.
- Perform other related responsibilities.
- Post-secondary education in Accounting, Finance, or Business Administration.
- Minimum of two (2) years of experience in cash applications or accounts receivable.
- Strong attention to detail with a high level of accuracy.
- Excellent organizational and time-management skills.
- Strong communication and collaboration abilities.
- Ability to manage competing priorities in a deadline-driven environment.
- Customer-focused mindset with a strong sense of accountability.
- Experience with JD Edwards is considered an asset.
- Proficiency in Microsoft Office applications, with strong Excel skills.
Benefits
- Comprehensive benefits program.
- Competitive retirement savings plan.
- Supportive and collaborative team environment.
How to Apply
Interested internal and external candidates may apply online at www.assaabloy.com/career
The estimated expected salary range for this role is $50,000 - $55,000 per year.
ASSA ABLOY welcomes and encourages applications from people with disabilities. Accommodation is available on request for candidates taking part in all aspects of the selection process.
We are the ASSA ABLOY Group
Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 63,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces – physical and virtual – safer, more secure, and easier to access.
As an employer, we value results – not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions – supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.
As we welcome new people on board, it’s important to us to have diverse, inclusive teams, and we value different perspectives and experiences.
