specialist, accounts payable and receivable.

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Position Overview: Responsible for accurately applying customer payments, managing financial exceptions, and researching complex accounts to ensure ledger accuracy in a timely and efficient manner. Responsibilities include training cash application staff, while adhering to outlined policies and procedures. $1.4B in annual revenue, 20K customers, 30K customer locations

Apply cash remittances consisting of lockbox deposits, credit cards, and ACH/Wires accurately and timely. Perform reconciliation as necessary to apply payments on 3rd party remits.

Ensure that customer remittances are posted within agreed upon service level commitments. The department processes applications for approximately $68M & 5K customers monthly.

Monitor and administer month end close processes and reporting.

Maintain department efficiency by providing ongoing training.

Assist in formulation improvement and implementation of policies and procedures.

As necessary, work directly with customers to improve remittance processes and enhance relationships.

Assist Credit Manager with productivity of cash application staff and provide performance and attendance feedback.

Reports to the Cash Manager.

Maintain detailed documentation of events, i.e. conversations, contacts, discrepancies, etc.

Support Manager with daily administrative functions, as necessary.

Principal Responsibilities

Retrieve remittances from various Vendor Management System (VMS) portals, verify talent and week-ending data, analyze payment variances, and prepare payment files.

Process cash moves and offsets in multiple ERP systems

Imperative to constantly improve processes and technology to make department scalable.

Work with AR support team to help administrate unapplied cash.

Work directly with customers to improve remittance processes and enhance relationships.

Handle credit card requests while remaining PCI compliant. Responsibilities include granting access, setting up Autopay, processing exception payments via, and resolving weekly error/reject reports

Investigate misapplied payments, clear unapplied cash, and resolve incoming customer or internal inquiries through detailed research in ERP, and banking portals

Education & Qualifications (Required and Preferred):

Undergraduate degree in Accounting or Finance, or equivalent experience in business

3-5 years in Accounts Receivable, Cash Applications, and/or related financial experience, primarily from the commercial sector.

Key Competencies:

Organizational skills.

Analytical & Reconciliation Skills.

Professional, effective, and persuasive communication skills.

Advanced Excel Data Manipulation

Time management.

Assist Credit Manager with benchmarking and improvements to ensure departmental efficiency.

Collaborate with other functional areas to maintain productivity and ensure department and company objectives.

Decision Making Authority

What is the nature of the direct supervision that is provided to the incumbent of this position

This position has authority to make decisions related to cash application payments.

Organizational Structure:

Job Title this position reports: Supervisor, Cash Applications

Job Titles directly reporting to this position: None

Is this the job for you We would love to hear from you! Please apply directly to the role and we will get in touch with you.