Billing Specialist (Billing & Cash Application)

Customer Billing SpecialistBuild 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 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 basisIssue/deliver invoices to clients electronically and/or via customer specific service portalsIssuance of credit memos and other authorized billing adjustmentsPrepare chargebacks for unauthorized deductions and unearned discountsAccurately 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 invoicesBack-up credit card payment processInvestigate 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 informationInvestigate and resolve short-pays, deductions, and payment discrepancies: by communicating with customers, sales, REPS, customer service and collections to obtain missing informationExecute payment clearing and allocation for advanced payments, deposits, prepayments, and unapplied credits; ensure correct accounting treatment and documentationSupport maintenance of customer master data related to payment terms, remit-to addresses, and banking information to prevent misapplicationInvestigate and resolve intercompany payment applications and internal transfers, coordinating with intercompany accounting and treasury to eliminate AR/AR variancesReview customer accounts for discrepancies, investigate billing errors, and resolve disputes with customers or internal teamsSetup and maintenance of Customer master recordsProvide information to the customer service and sales departments as requestedAssist with month-end closing by completing billing, cash application and reporting activities according to specific close schedule deadlinesProvide support for internal and external auditsRespond to customer billing and payment inquiriesPrepare various account reconciliations monthlyRequired Knowledge, Skills & Abilities:An Associate degree is preferredAt least four (4) years of progressive, direct experience with invoicing, cash application and general accounting tasksExperience with larger ERP systems such as Oracle, SAP, JDE, NetSuite, etc.Proficiency with Microsoft Office applicationsKnowledge of state sales taxEnjoys working in fast-paced, deadline driven environmentStrong attention to detail with dedication to accuracy and organizationKnowledge of regulatory standards and compliance requirementsProblem analysis and problem-solving skillsOutstanding verbal and written communication skillsAbility to multi-task and work independently while understanding the necessity of being a collaborative and positive team memberBenefits:401(k)Health insuranceDental insuranceVision insurancePaid time offEEOC: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. LSI Industries