Job description:- Responsible for cash application policies/procedures.Applies cash remittances to open AR transactions.Reviews daily balancing procedures & retains supporting detail.Apply average of 400 checks, 2000 entries & $1.5 million in cash receipt per week. ...
Daily application of cash remittances to customer AR subledger using SAP. Must follow department practices/procedures on AR application. Includes: cash application, adjustments, customer refunds, cash sales, credit cards, account maintenance, etc.
Review each check remittance to ensure that it has been properly applied to the customer’s account.Sort lockbox remittance batches to verify total agrees with the bank deposit.Reconcile on account payments and deductions in a timely manner.
Monitor & provide detail of cash receipts or adjustments on any account as requested by credit and collections personnel. (e.g. - check copy, remittance stub, written correspondence, etc.) Support inbound customer phone queue during peak season.
Respond to audit requests for previous remittance applications under direction of AR Supervisor. Skills:- SAP must MS- Excel
experience
6show more Job description:- Responsible for cash application policies/procedures.Applies cash remittances to open AR transactions.Reviews daily balancing procedures & retains supporting detail.Apply average of 400 checks, 2000 entries & $1.5 million in cash receipt per week.
Daily application of cash remittances to customer AR subledger using SAP. Must follow department practices/procedures on AR application. Includes: cash application, adjustments, customer refunds, cash sales, credit cards, account maintenance, etc.
Review each check remittance to ensure that it has been properly applied to the customer’s account.Sort lockbox remittance batches to verify total agrees with the bank deposit.Reconcile on account payments and deductions in a timely manner.
Monitor & provide detail of cash receipts or adjustments on any account as requested by credit and collections personnel. (e.g. - check copy, remittance stub, written correspondence, etc.) Support inbound customer phone queue during peak season.
Respond to audit requests for previous remittance applications under direction of AR Supervisor. Skills:- SAP must MS- Excel
experience
6
