AR Credit Collec Spec

About the role

As an Accounts Receivable, Credit & Collections Specialist, you will be responsible for daily activities associated with cash application including bank and ledger reconciliation; deduction processing and collection; invoice collection; and resolution of customer accounts.

Responsibilities

Cash Application and Deduction Management

• Daily cash application in Cashbook for US, Canada, and Mexico
• Research short pays and deductions; customer follow up when applicable
• Input necessary claims in B2B claim system
• Track claims and follow up to ensure credits are issued
• Perform offsets and write-offs in AR to the General Ledger

Collections

• Collect accounts from assigned portfolio
• Follow up on skipped invoices when applying cash
• Collect invalid deductions/short pays
• Provide document copies/POD's upon customers' request

Account Management/Credit

• Set up new accounts and perform customer maintenance
• Research new credit applications, analyze credit reports
• Release credit holds for assigned portfolio
• Perform annual file revisions for assigned portfolio

Other Duties

• Manage departmental mailboxes
• Respond to credit inquiries
• Daily and monthly departmental AR reporting

Requirements

• Bachelor's degree in Business or related field preferred
• At least 2 or more years of comparable experience preferred
• Proficiency in Excel required
• Understanding of general banking procedures

Benefits

• Medical & Prescription Drug Coverage
• Dental Coverage
• Flexible Spending Accounts (Healthcare and Dependent Care)
• 401(k) Savings Plan with Matching provision
• Paid Vacation
• Paid Holidays
• Tuition Reimbursement
• Life & Voluntary Optional Life Insurance
• Short-Term Disability Coverage
• Voluntary Long-Term Disability Coverage
• Employee Assistance Program
• Employee Product Purchase Discount

About Formica Corporation

With our amazing portfolio of stylish, durable, and responsible products, Formica Corporation is one of the most recognized names in the building industry. As part of our vision for the future, we are looking for people like you. People who are open to creating their own career path and are looking to connect with like-minded people.