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AR, Credit & Collections Specialist


Overview

Schedule
Full-time
Career level
Senior-level
Remote
On-site
Benefits
Health Insurance
Dental Insurance
Disability Insurance

Job 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
  • 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

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:

An Equal Employment Opportunity/Affirmative Action Employer M/F/D/V.

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.

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FAQs About AR, Credit & Collections Specialist Jobs at Formica

What is the work location for this position at Formica?
This job at Formica is located in Cincinnati, OH, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Formica?
Employer has not shared pay details for this role.
What employment applies to this position at Formica?
Formica lists this role as a Full-time position.
What experience level is required for this role at Formica?
Formica is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Formica for this role?
Formica offers following benefits: Health Insurance, Dental Insurance, Disability Insurance, Life Insurance, Family/Dependent Health, Paid Vacation, Career Development, 401k Matching/Retirement Savings, Tuition/Education Assistance, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Formica?
You can apply for this role at Formica either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.