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Cash Application Specialist

Req ID: 1429783
Category: Administrative Support – SALARY
Brand: Corporate
Location: London, ON
Posting Date: June 4, 2025

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Who Are We?

You might not know our name, but you know where we are. That’s because Compass Group Canada is part of a global foodservice and support services company that’s the 6th largest employer in the world, with 625,000 employees.

You’ll find us in schools, colleges, hospitals, office buildings, senior living communities, tourist attractions, sports venues, remote camps and military installations and more. We’re in all major cities, at remote work sites and everywhere in between – doing business in Canada and 50+ other countries where you can learn and grow. Join us now and point your career forward!

What’s in it for you?

Join an award-winning culture. We have been recognized for being a Great Place to Work, in addition to being selected as a FORTUNE Global 500 Company, Best Workplaces Retail & Hospitality, and FORTUNE World’s Most Admired Companies.
The opportunities with us are endless. As the world’s largest food and support services company, we offer an extensive range of learning and career opportunities for all our associates.
Health & Safety. The health and safety of our associates, clients and guests has always been our top priority. We have the right processes in place to ensure our teams have the support they need to stay safe, while helping to keep our guests safe.
Health Benefits. For our eligible associates, we offer comprehensive health, vision, and dental care coverage.
A Focus on Mental Health and Wellness. just now is our Mental Health and Well-Being initiative that was created to share credible resources with our associates and the communities we serve on a variety of topics, including mental, physical, spiritual, and financial wellbeing. Visit our Stronger Together Compass website at www.strongertogethercompass.com. We also have an Employment Assistance Program which provides our associates with access to 24/7 support, resources, and information.
We are as diverse as our guests. We believe diverse and inclusive environments support innovation and collaboration, and benefit our associates, clients, and customers. We are committed to Listen, Learn, and Act and our Diversity Inclusion Action Councils (DIAC) are associate led groups that seek to foster inclusion through cultural awareness, engagement and appreciation of diversity. We are Stronger, Together!

Job Summary

Now, if you were to come on board as our Cash Application Specialist, we’d ask you to do the following for us:

Apply customer payments (checks, ACH, and credit cards) to appropriate accounts and invoices.
Reconcile customer accounts and resolve payment discrepancies or unapplied payments.
Research and resolve short payments, overpayments, and unidentified remittances.
Prepare and post journal entries for daily transactions, and accruals for month end purposes.
Maintain and update customer records related to cash receipts.
Collaborate with collections and billing teams to ensure accurate application of funds.
Communicate with customers, banks, and internal departments regarding payment issues.
Process adjustments, write-offs, and credits/debits as required.
Generate daily, weekly, and monthly cash application reports.
Support month-end and year-end closing activities.
Ensure compliance with internal controls and company policies.

Think you have what it takes to be our Cash Application Specialist? We’re committed to hiring the best talent for the role. Here’s how we’ll know you will be successful in the role:

Minimum two years of experience with a computerized accounting environment (JD Edwards experience preferred) in a complex fast paced organization.
Diploma in Accounting or equivalent with a solid understanding of accounting principles.
Proficient in Microsoft Office applications.
Excellent verbal and written communication and interpersonal skills.
Solid analytical, interpretive and problem-solving skills.

Compass Group Canada is committed to nurturing a diverse workforce representative of the communities within which we operate. We encourage and are pleased to consider all qualified candidates, without regard to race, colour, citizenship, religion, sex, marital / family status, sexual orientation, gender identity, aboriginal status, age, disability or persons who may require an accommodation, to apply.

For accommodation requests during the hiring process, please contact PeopleHub@compass-canada.com for further information.