Billing Specialist (Billing & Cash Application)

Lsi Industries, Inc.; Blue Ash (OH); On-site; USD 42,000 - 64,000; Full time

Benefits offered by this job

401(k)

Health insurance

Vision insurance

Paid time off

Job summary

LSI Industries, Inc. is seeking a Customer Billing Specialist to support the Accounts Receivable team at our Cincinnati, Ohio location. The role focuses on invoicing, cash application, and billing accuracy in a fast-paced environment.

Ideal candidates have four+ years of experience with invoicing, with ERP systems such as Oracle, SAP, JDE, or NetSuite, and strong MS Office skills. Knowledge of state sales tax is a plus, with benefits including 401(k) and health coverage.

Qualifications

• Associate degree preferred with strong accounting basics.
• Four or more years in invoicing, cash application and general accounting tasks.
• Experience with large ERP systems (Oracle, SAP, JDE, NetSuite, etc.).
• Proficiency in Microsoft Office applications including Excel.
• Knowledge of state sales tax and regulatory compliance.

Responsibilities

• Prepare and post customer invoices daily.
• Deliver invoices to clients electronically or via portals.
• Issue credit memos and billing adjustments as needed.
• Prepare chargebacks for deductions and unearned discounts.
• Post daily cash receipts and apply payments to invoices.

Skills

Communication skills

Attention to detail

Problem solving

Multi-tasking

Education

Associate degree preferred

Tools

Oracle

SAP

JDE

NetSuite

Job description

Full Time 10000 Alliance, Blue Ash, OH, US

25 days ago Requisition ID: 2217

Build your Career with an Industry Leader Headquartered in Cincinnati, LSI is a publicly held company traded over the NASDAQ Stock Exchange under the symbol LYTS. The company manufactures advanced lighting, graphics, and display solutions across strategic vertical markets. The company’s American-made products, which include non-residential indoor and outdoor lighting, print graphics, digital graphics, refrigerated and custom displays, help create value for customer brands and enhance the consumer experience. LSI also provides comprehensive project management services in support of large-scale product rollouts. The company employs approximately 3,000 people at 23 manufacturing plants in the U.S. and Canada. Additional information about LSI is available at www.lsicorp.com .

We are looking for a Customer Billing Specialist to support our Accounts Receivable team at our corporate location in Cincinnati, Ohio.

ESSENTIAL JOB DUTIES and RESPONSIBILITIES:

• Prepare and post customer invoices on daily basis
• Issue/deliver invoices to clients electronically and/or via customer specific service portals
• Issuance of credit memos and other authorized billing adjustments
• Prepare chargebacks for unauthorized deductions and unearned discounts
• Accurately and timely post daily cash receipts (checks, ACH, EFT, wires, credit card payments) to customer accounts ensuring remittances and payment details are applied to the correct invoices
• Investigate and resolve unapplied and unidentified payments by researching remittance advice, customer statements, invoices, EDI/auto-pay files, and communicating with customers, sales, and collections to obtain missing information
• Investigate and resolve short-pays, deductions, and payment discrepancies: by communicating with customers, sales, REPS, customer service and collections to obtain missing information
• Execute payment clearing and allocation for advanced payments, deposits, prepayments, and unapplied credits; ensure correct accounting treatment and documentation
• Support maintenance of customer master data related to payment terms, remit-to addresses, and banking information to prevent misapplication
• Investigate and resolve intercompany payment applications and internal transfers, coordinating with intercompany accounting and treasury to eliminate AR/AR variances
• Review customer accounts for discrepancies, investigate billing errors, and resolve disputes with customers or internal teams
• Setup and maintenance of Customer master records
• Provide information to the customer service and sales departments as requested
• Assist with month-end closing by completing billing, cash application and reporting activities according to specific close schedule deadlines
• Provide support for internal and external audits
• Respond to customer billing and payment inquiries
• Prepare various account reconciliations monthly

REQUIRED KNOWLEDGE, SKILLS & ABILITIES:

• An Associate degree is preferred
• At least four (4) years of progressive, direct experience with invoicing, cash application and general accounting tasks
• Experience with larger ERP systems such as Oracle, SAP, JDE, NetSuite, etc.
• Proficiency with Microsoft Office applications
• Knowledge of state sales tax
• Enjoys working in fast-paced, deadline driven environment
• Strong attention to detail with dedication to accuracy and organization
• Knowledge of regulatory standards and compliance requirements
• Problem analysis and problem-solving skills
• Outstanding verbal and written communication skills
• Ability to multi-task and work independently while understanding the necessity of being a collaborative and positive team member
• 401(k)
• Health insurance
• Vision insurance
• Paid time off

EEOC:

LSI is committed to a diverse and inclusive workplace. LSI is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.