The Role 

The Cash Application Specialist is responsible for the accurate and timely posting of all cash, checks, credit cards, and electronically transferred funds to customer accounts following established policies, practices, and procedures for Peloton Commercial. This position is also responsible for posting adjustments and journal entries as requested by management as well as assisting with account reconciliations and other research projects as needed. 

The Cash Application Specialist must have strong attention to detail and good analytical skills. This position requires the ability to research and resolve payment discrepancies involving misapplication of  funds, unapplied payments, over-payments and/or inability to locate customer accounts. The Cash Application Specialist reports to the Commercial Credit Manager and interacts with other members of the credit department, accounts payable, accounting, sales and other departments as needed. 

Responsibilities 

  • Daily application of incoming cash, checks, wires and ACH payments 
  • Post payments to CMS and NetSuite  
  • Release orders, renew subscriptions and update customer accounts in Sales Force 
  • Provide support and written documentation as required to support cash application for audits 
  • Research payments received that do not have adequate remittance details, working with others as needed to ensure all payments are posted to the correct account in a timely manner 
  • Perform account adjustments and journal entries as requested by management 
  • Assist with department reporting, including weekly A/R metrics
  • Act as a backup to the Global Cash Application Specialist (Precor entities) 

Qualifications 

  • Bachelor’s degree in finance or accounting or equivalent education and experience
  • 3-5 years experience in finance, accounts receivable and/or cash applications 
  • Experience working with a lockbox 
  • Excellent communication skills; proven ability to communicate effectively with internal and external business partners at various level in a clear and concise manner
  • Continuous improvement mindset 
  • Ability to multitask and manage time effectively 
  • Excellent attention to detail 
  • Ability to deal with ambiguity 
  • Intermediate to advanced Excel skills
  • ERP experience desired, SAP experience a plus

#LI-HO1

ABOUT PELOTON:

Peloton is the leading interactive fitness platform globally, with a passionate community of 7 million Members in the US, UK, Canada, Germany, and Australia. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that motivate its Members to commit to their fitness journeys. An innovator at the nexus of fitness, technology, and media, Peloton reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, world-class streaming digital fitness and wellness content, and best-in-class fitness experts and Instructors.

At Peloton, we motivate the world to live better. “Together We Go Far” means that we are greater than the sum of our parts, stronger collectively when each one of us is at our best. By combining hardware, software, content, retail, apparel, manufacturing, Member support, and so much more, we deliver an exhilarating fitness experience that unlocks our members' greatness. Join our team to unlock yours.

Peloton is an equal opportunity employer and committed to creating an inclusive environment for all of our applicants. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. If you would like to request any accommodations from application through to interview, please email:  applicantaccommodations@onepeloton.com

Peloton has a COVID-19 vaccination policy to safeguard the health and well-being of our employees and customers globally. All employees based in the U.S. and Canada are required to provide proof of vaccination, unless the employee has a Peloton-approved reasonable accommodation or as otherwise required by law.

Please be aware that fictitious job openings, consulting engagements, solicitations, or employment offers may be circulated on the Internet in an attempt to obtain privileged information, or to induce you to pay a fee for services related to recruitment or training. Peloton does NOT charge any application, processing, or training fee at any stage of the recruitment or hiring process. All genuine job openings will be posted here on our careers page and all communications from the Peloton recruiting team and/or hiring managers will be from an @onepeloton.com email address. 

If you have any doubts about the authenticity of an email, letter or telephone communication purportedly from, for, or on behalf of Peloton, please email applicantaccommodations@onepeloton.com before taking any further action in relation to the correspondence.

 

Peloton does not accept unsolicited agency resumes. Agencies should not forward resumes to our jobs alias, Peloton employees or any other organization location. Peloton is not responsible for any agency fees related to unsolicited resumes.

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