Credit and Collections Specialist

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. Key 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/PODs 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 Qualifications 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 Benefits 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 An Equal Employment Opportunity/Affirmative Action Employer M/F/D/V. 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 and will make reasonable accommodations for known physical or mental limitations of qualified employees and applicants with disabilities. #J-18808-Ljbffr