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Cash Applications Supervisor

Covanta
United States, New Jersey, Morristown
445 South Street (Show on map)
Apr 15, 2025

Who we are

For more than 40 years, Reworld has been a leader in sustainable waste solutions, providing our customers with innovative solutions that help them achieve carbon-negative outcomes.

Our Vision

Reworld is leading the charge to a carbon-negative future through revolutionary sustainable materials management solutions that reduce, reuse, recycle and reimagine waste for the benefit of society and the environment.

Our Business

Reworld partners with businesses by offering cutting-edge engineering and innovative solutions, to help customers reduce, reuse, recycle and recover value from waste streams and meet or exceed their sustainability goals.

Our Value

Reworld's differentiator comes from our ecosystem of technology, facilities and partnerships, trusted by the world's largest organizations to reimagine waste management for a smarter, more sustainable world.

All that we're missing is you. Apply today!

About the role

The Cash Application Supervisor will oversee the daily operations of the oversees cash application team, ensuring timely and accurate posting of incoming payments to customer accounts in multiple ERP's. This role requires strong leadership, a deep understanding of financial processes, and the ability to drive efficiency and accuracy in payment processing. The supervisor will also collaborate with internal departments and external stakeholders to resolve discrepancies and support continuous improvement initiatives.

Location: Morristown, NJ

Work Schedule: Hybrid (3 days in office 2 days from home)

You will do:

  • Supervise and lead the cash application team to ensure accurate and timely application of customer and non-customer payments (ACH, wire, checks, credit card, lockbox, Journal Entries, etc.)
  • Monitor daily cash application activities and resolve escalated discrepancies or issues with unapplied or misapplied cash.
  • Develop and maintain procedures to improve accuracy and efficiency in the cash application process.
  • Reconcile payment data between bank statements, lockbox files, and the general ledger.
  • Coordinate with Accounts Receivable, Billing, and Collections teams to resolve payment issues and ensure proper customer account maintenance.
  • Generate daily, weekly, and monthly reports on cash application performance and KPIs.
  • Train, mentor, and evaluate staff; provide regular feedback and performance reviews.
  • Assist with month-end closing activities and audits by providing necessary documentation and reports.
  • Identify and implement process improvements and automation opportunities.
  • Ensure compliance with internal controls, company policies, and SOX or audit requirements.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field (or equivalent experience).
  • 3+ years of supervising or team lead experience required.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Proficient in multiple ERP systems (PeopleSoft, NetSuite, SAGE).
  • Knowledge of payment platforms, lockbox processing, and bank reconciliation.
  • Strong attention to detail and ability to multitask effectively.
  • Experience in a high-volume, fast-paced shared services or corporate environment.

All Reworld positions require a candidate's ability to perform the duties and responsibilities of the role while upholding Reworld's Values, including (but not limited to) contributing to a safe and inclusive workplace, delivering results through trust, and building breakthrough capabilities.

Please note that Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

Our DEI Commitment

Reworld is an Equal Opportunity Employer, has developed an Affirmative Action Program (AAP), and will not discriminate against any qualified applicants because of race, color, religion, sex, national origin, sexual orientation, gender identity, disability (including perceived disability, physical, mental, and/or intellectual disabilities), veteran status, liability for service in the Armed Forces of the United States, or any other characteristic protected by law.

Know Your Rights (Click to view poster)

If you are an individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site because of your disability. You can request reasonable accommodations by going to Reworldwaste.com and clicking on the 'Contact Us' button. Under Inquires, select 'Careers' in the Interest field, fill out all required fields including your message. In the message section, please note this is a 'Job Application Accommodation Request'.

Attention Staffing Agencies & Search Firms

Reworld may sometimesselectively collaborate with staffing agencies and search firms (Agencies). Reworld will only consider candidates from Agencies with whom a signed agreement and a duly authorized work order (for a specific role)has been duly executed. Any unsolicited candidate submissions or candidate submissions from Agencies that do not meet these criteria, will be deemed invalid and ineligible for any fees.

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