AR Credit Collec Spec

Formica; Cincinnati (OH); On-site; USD 52,000 - 68,000; Full time

Benefits offered by this job

Medical & Prescription Drug Coverage

Flexible Spending Accounts

401(k) Savings Plan with Matching

Paid Vacation

Paid Holidays

Tuition Reimbursement

Life & Voluntary Optional Life Insur.*

Short-Term Disability Coverage

Voluntary Long-Term Disability Coverag

Employee Assistance Program

Employee Product Purchase Discount

Job summary

Formica Corporation in Cincinnati, OH is seeking an Accounts Receivable, Credit & Collections Specialist. You will manage cash application, deductions, collections, and credit activities to keep customer accounts current.

The role requires a Bachelor's in Business, 2+ years experience, and proficiency in Excel; we offer comprehensive benefits including medical coverage, 401(k), paid time off, and tuition reimbursement.

Qualifications

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

Responsibilities

• Cash Application and Deduction Management: daily cash application, research short pays and deductions, input claims, track claims, and offsets/write-offs in AR.
• Collections: collect accounts, follow up on skipped invoices, collect invalid deductions/short pays, provide documents on request.
• Account Management/Credit: set up new accounts, analyze credit reports, release holds, annual file revisions.
• Other Duties: manage departmental mailboxes, respond to credit inquiries, daily/monthly AR reporting.

Skills

Excel

Banking procedures knowledge

Education

Bachelor’s degree in Business or related field

Job description

10155 Reading Rd
Cincinnati, OH 45241, USA

Description

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.

A Short List of Your Tasks and 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

We’re Looking for A Self-Starter Who Meets the Following 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 the general banking procedures

Here’s How We Take Care of You (And Your Loved Ones):

• Medical & Prescription Drug 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

Surfacing Solutions, Designing Opportunity, Building People:

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. What do you say?

If You Are Qualified, You Will Be Considered for This Position:

Only qualified individuals (those who meet the fundamental qualifications) will be considered as applicants for this position. Applications will be accepted for a minimum of 3 business days from the date of the initial posting.

Formica will not discriminate against persons because of their disability, including disabled veterans, and will make reasonable accommodations for known physical or mental limitations of qualified employees and applicants with disabilities. If you are interested in applying and require special assistance or accommodations due to a disability, please contact our Human Resources department at 513-786-3594.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.