Accounting Specialist, Senior

CFS Brands LLC•Lodi, NJ

3d•$60,000 - $65,000•Onsite

About The Position

We’re looking for a detail-oriented Senior Accounting Specialist who will be responsible for timely, accurate cash applications and resolution of customer deductions. This role involves heavy data entry, processing payments, reconciling accounts, and researching customer deductions. The ideal candidate will be proactive in identifying trends and assisting in process improvements to prevent invalid deductions. This position also requires a commitment to self-development through available training.

Requirements

Ability to calculate figures and amounts such as discounts, interest, commissions & percentages.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Proficiency in data entry (10-key), MS Office Suite, and other accounting software.
Ability to read, analyze, and comprehend detailed instructions and correspondence, memos, financial reports, and legal documents.
Knowledge of accounts receivable and general accounting procedures.
Ability to provide written responses to common inquiries or complaints from customers, associates or management.
Ability to work in a fast-paced environment and effectively prioritize multiple tasks.
Ability to present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
Ability to work in a fast-paced environment.
Experience with accounting software and/or ERP systems (i.e. NetSuite, AS400).
Proficiency with Microsoft Excel (VLOOKUP and Pivot Table analysis required).
Familiar with cash application.

Nice To Haves

Drive teamwork and team spirit.
Ability to give and receive feedback.
Apply critical thinking to information received and evaluate what can be used for organizational success; take initiative to solve problems.
Strong organization and follow-up skills.
Ability to work independently with little supervision but also in a team environment.
Excellent time management skills.
High sense of urgency to resolve issues that arise.

Responsibilities

Heavy data entry of cash receipts (Bank lockboxes, ACH/Wire payments and checks received in the mail).
Upload cash receipts Excel template into the ERP system.
Scan checks received via U.S. Mail into system.
Apply customer deductions and chargebacks.
Communicate with customers regarding missing remittances.
Post payments to customer accounts, retrieve copies of invoices and check support, route documents to proper departments.
Reconcile cash batches.
Perform initial research and interpretation of customer deductions including, but not limited to, billbacks, pricing errors and discounts, freight allowances, promotions, rebates, quality, shipping and sales tax.
Gather appropriate deduction backup and disperse to the proper departments for handling.
Make initial collection effort for recovery of deductions that are determined to be unauthorized and follow up as needed.
Proactively identify trends and assist in implementing processes to prevent invalid deductions.
Responsible for aiding in own self-development by being available and receptive to all training made available by the company.