Accounts Receivable and Deduction Specialist

The Vollrath Company • Sheboygan, WI

1d

About The Position

The Accounts Receivable & Deduction Specialist is responsible for the accurate
and timely application of all cash receipts. This role serves as a key
gatekeeper in the revenue cycle, identifying and categorizing customer
deductions to ensure they are routed efficiently across the organization for
resolution.

Requirements

• Associate degree in Accounting or two to four years related experience, or equivalent combination of education and experience.
• Must have the ability to maintain a high degree of accuracy in detailed work.
• Be able to work with and interpret various numbers and combinations of numbers in relationship to discount items.
• Strong communication skills with the ability to interact successfully with people at all levels.
• Must be able to organize and work independently with minimal supervision.
• Be able to handle exceptions to routine procedures.
• Be able to work under time constraint pressures.
• PC skills with a working knowledge of Microsoft Excel and Word.
• Strong ten key calculator ability a must.

Responsibilities

• Accurately process and apply payments from Lockbox, ACH and Wire Transfer receipts, unapplied cash, and non-accounts receivable cash according to customer or Credit Department’s direction in a timely manner. Prepare in-house receipts.
• Contact customers for explanation on short payments.
• Identifies and investigate discrepancies in payments received, collaborates with department Credit Analysts to resolve payment issues, and communicates with departments across the organization.
• Assures there are processes to resolve problems timely.
• Downloads, reviews and, reconciles, daily payment activity.
• Analyzes and validates accuracy of information submitted by other departments.
• Scan documents into retention file program.
• Additional responsibilities may include some credit and collection responsibilities to support the credit function.
• All other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 251-500 employees