Cash Application Specialist

GENERAL DESCRIPTION

The AR Cash Applications Specialist is responsible for preparing posting and reconciling payments made to ChemTreat. Accurately post payments against company receivables using available electronic & paper remit advice via Cash Pro Online Pay Remits mail box Blackline customer contact and collector interaction. Manually post Canadian International and Puerto credit card payments wires and lockboxes.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES

• Retrieve & download lockbox ACH & wire data for Domestic and Puerto Rico from Cash Pro Online Bank of America Global Advice and Scotia Connect. Research & resolve bank discrepancies.
• Retrieve and print lockbox ACH & wire data from banking sites. Research & resolve bank discrepancies.
• Reconcile deposit against daily tape; scan check using remote scanner; reconcile balance discrepancies; retrieve & print deposit data from banking site and distribute miscellaneous income deposits to the Accounting Department.
• Accurately post AR payments and resolve exceptions.
• Mail Canadian checks to Scotia Bank.
• Monitor when the Canadian checks are deposited to Scotia Bank and contact the Accounting Department of the miscellaneous income in the lockbox deposit.
• Review & prepare invoice adjustments; obtain appropriate authorization. Accurately post adjustments and manual applies against company invoices.
• Review & prepare cash applications; Accurately post applications against company invoices via Blackline Automation
• Retrieve review and upload credit card payments via excel spreadsheet. Resolve exceptions.

• Submit EFT requests to vendors review and process chargebacks post and last day cash on Saturday and assist collections with root cause analysis on invoices/payments

SUPPLEMENTAL RESPONSIBILITIES

• Send out W9 information
• Review Pay Remits box and incoming emails to move to the ACH reviewed mail box to assist in posting payments.
• Contact customers using incorrect mailing addresses for checks and remits to provide them with the correct information.

• Coordinate with accounting to review discrepancies and variances for cash applications bank chargebacks and reversals.
• Work with the Compliance director to provide AR Cash information requested by Auditors.
• Update cash totals with cash receipts daily for US International Puerto CAD Credit Cards and Remote Deposits and weekly for Mexico.
• Provide a report weekly to Controller and Credit and Collections Manager.
• Other duties as assigned.

KNOWLEDGE & SKILLS

• Knowledge of basic accounting concepts
• Strong computer skills including Excel & Word
• Technical Analytical skills and business knowledge
• Communication and Interpersonal skills; Teamwork and leadership
• Organizational skills; Self-management

EDUCATION & EXPERIENCE

• High school diploma required; Bachelors degree preferred
• Minimum 3 years experience in accounting or related field required

PHYSICAL DEMANDS

• Constantly required to sit and occasionally required to walk stand climb (includes stairs) balance stoop bend kneel crouch or crawl and talk hear and smell
• Constantly using hands and fingers to handle feel or operate objects and computer keyboards.
• Routinely required to reach with hands and arms squat turn/twist or reach lift carry push or pull up to 20 pounds
• Specific vision abilities required by this job include close vision distance vision color vision peripheral vision depth perception and the ability to adjust focus
• The Physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORKING CONDITIONS & ENVIRONMENT

• Consists of an indoor work office environment with good ventilation adequate lighting and low noise levels.

AT WILL STATEMENT

Employment with ChemTreat is on an at-will basis which means that either the employee or ChemTreat can terminate the employment relationship at any time and for any reason (or no reason) with or without notice unless the employee and ChemTreat have entered a written agreement signed by the employee and a duly authorized representative of ChemTreat.

EQUAL OPPORTUNITY

ChemTreat Inc. is an Equal Opportunity Employer. We evaluate qualified applicants without regard to race color national origin religion gender age marital status disability veteran status sexual orientation gender identity or any characteristic protected by law.

US ONLY:

The below range reflects the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range. This range may be modified in the future. An associates position within the salary range will be based on several factors including but not limited to relevant education qualifications certifications experience skills seniority geographic location performance shift travel requirements sales or revenue-based metrics any collective bargaining agreements and business or organizational needs.

We offer a comprehensive package of benefits including paid time off medical/dental/vision insurance and 401(k) to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of any bonus commission benefits or any other form of compensation and benefits that are allocable to a particular employee remains in the Companys sole discretion unless and until paid and may be modified at the Companys sole discretion consistent with the law.

US residents: In any materials you submit you may redact or remove age-identifying information such as age date of birth or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

Veralto Corporation and all Veralto Companies are committed to equal opportunity regardless of race color national origin religion sex age marital status disability veteran status sexual orientation gender identity or other characteristics protected by law. We value diversity and the existence of similarities and differences both visible and not found in our workforce workplace and throughout the markets we serve. Our associates customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.

The EEO posters are available here.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process to perform crucial job functions and to receive other benefits and privileges of employment. Please contact us at to request accommodation.

Unsolicited Assistance

We do not accept unsolicited assistance from any headhunters or recruitment firms for any of our job openings. All resumes or profiles submitted by search firms to any employee at any of the Veralto companies in any form without a valid signed search agreement in place for the specific position approved by Talent Acquisition will be deemed the sole property of Veralto and its companies. No fee will be paid in the event the candidate is hired by Veralto and its companies because of the unsolicited referral.