Colony Hardware-posted 3 months ago
Full-time • Entry Level
Orange, CT
1,001-5,000 employees
Fabricated Metal Product Manufacturing

The AR Associate is responsible for managing Colony's end-to-end cash application & allocation process in addition to other AR responsibilities. This role requires hands-on experience in cash applications and account reconciliation, with strong internal & external customer service focus. This role will support the finance team to achieve operational targets & ensure accuracy and timeliness with a sense of urgency with financial transactions.

  • Ensure accurate and timely cash application and allocation.
  • Reconcile payment discrepancies daily and coordinate with the Collection team for resolution.
  • Investigate unidentified receipts and collaborate with Collections, or Sr AR Manager for resolution.
  • Communicate and verify credit/debit memos, unauthorized deductions, and adjustments on customer accounts.
  • Perform clearing and posting of transactions as needed.
  • Prepare and post manual journal entries.
  • Conduct monthly Cash GL account reconciliations.
  • Drive continuous process improvements within the cash application function.
  • Maintain confidential records for audit compliance.
  • Respond to inquiries related to account reconciliations and payment applications.
  • Engage with multiple team members across regions.
  • Knowledge of Tax certificates in various states
  • Minimum of 2+ years of experience in a cash application/credit position.
  • Excellent interpersonal, customer service, and analytical skills.
  • Strong attention to detail and accuracy in handling financial data.
  • Ability to work effectively in a fast-paced, diverse, and collaborative AR environment.
  • Proficiency in Microsoft Office.
  • Knowledge of NetSuite ERP.
  • Knowledge of Epicor Prophet 21 (P21) ERP.
  • Knowledge of VersaPay.
  • Experience collaborating closely with various cross-functional teams within an organization.
  • Credit application processing.
  • Tax Certification knowledge.
  • Yearly discretionary bonus based upon performance
  • Medical, Dental, Vision, STD/LTD, Life Insurance
  • 401k with a company match
  • HSA/FSA
  • Competitive PTO and paid holidays
  • Company-provided PPE as required
  • Industry-leading training and development
  • Generous discounts on the best products from leading industry vendors
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