Accounts Receivable Specialist - Cash Application/ Collections

PROMOTION IN MOTION INC • Park Ridge, NJ

28d • $63,000 - $73,000 • Onsite

About The Position

Do you love snacks? Are you looking to join an ever evolving and rapidly growing team? PIM Brands might just be exactly what you’re looking for! At PIM, We Make The Brands You Love®. Our portfolio of products, from Welch’s® Fruit Snacks to Sun-Maid® Chocolate Raisins and Sour Jacks® Sour Candies are enjoyed by millions of consumers every day. And when it comes to careers, we seek talented, results-oriented individuals who want to play a part in building amazing brands and products while working in a collaborative, dynamic, and fast-paced office environment. At PIM, you can make an immediate and lasting contribution to help grow iconic snack and confectionery brands, no matter your area of expertise. We are looking for a Accounts Receivable Specialist - Cash Application / Collections professional interested in a career with a top ranked and growing snack company, to join our Finance department at PIM’s Headquarters in Park Ridge, New Jersey. This position will report to our Accounts Receivable, Manager. Overview: The Accounts Receivable Specialist – Cash Applications and Collections professional is responsible for providing accurate and timely cash application and collection efforts to support the objectives of the company. This role is critical to improving in the Company’s cash flow and supporting our continued growth. This specialist will serve as a business partner to the Sales and Finance organization, offering collaboration and results. This role will offer you professional growth and support in your career. Job Description: The specialist has responsibility for the daily administration of applying cash receipts, return credits, on-account payments and collections, attaching documentation in the AFS system, retrieving supporting documentation if deduction is unidentifiable. Review and apply daily cash payments (check, ACH, WT, etc.) against open receivables Attach remittances and all backup provided in Exceedra/AFS to meet Dept and Audit standards Navigate customer websites and other resources to access the documentation needed and attach to Exceedra/AFS Research and prepare on account payment packages to be reviewed by Management Customer collection calls and re-transmission of invoices based on past due balances Ensures daily and month end reports are completed and accurate and maintains thorough well organized accounts receivable files Provide recommended solutions and assist with process flow supporting a longer-term vision Meets or exceeds targeted collection metrics, reducing open aging, bad debt reserve and other quantitative targets

Requirements

• Requires a minimum of 3 years of Accounts Receivable experience
• Bachelor’s degree in finance, accounting or a related field is preferred
• Proficient in Excel including pivot tables and V-lookups
• Excellent interpersonal skills, good communication skills, flexibility and a willingness to learn new things
• Proficient computer, organizational, analytical, problem-solving skills and attention to detail
• Demonstrated ability to handle confidential information in a professional manner
• Must be able to perform successfully in a fast-paced, service-oriented environment and to interpret rules and guidelines to enhance the business and in keeping with PIMs values and culture

Nice To Haves

• Experience working with major CPG (Consumer Package Goods) retailer or company is preferred
• Experience with AFS/Exceedra and M3/INFOR is preferred
• Experience with High Radius, PayTrace, SAP S/4 is preferred

Responsibilities

• The specialist has responsibility for the daily administration of applying cash receipts, return credits, on-account payments and collections, attaching documentation in the AFS system, retrieving supporting documentation if deduction is unidentifiable.
• Review and apply daily cash payments (check, ACH, WT, etc.) against open receivables
• Attach remittances and all backup provided in Exceedra/AFS to meet Dept and Audit standards
• Navigate customer websites and other resources to access the documentation needed and attach to Exceedra/AFS
• Research and prepare on account payment packages to be reviewed by Management
• Customer collection calls and re-transmission of invoices based on past due balances
• Ensures daily and month end reports are completed and accurate and maintains thorough well organized accounts receivable files
• Provide recommended solutions and assist with process flow supporting a longer-term vision
• Meets or exceeds targeted collection metrics, reducing open aging, bad debt reserve and other quantitative targets

Benefits

• Total compensation package including bonus, 401(k) plan match and other incentives (based on eligibility and position)
• Comprehensive benefits package - EFFECTIVE DAY 1, Including medical, dental, vision, disability, insurance plans and much more
• Diverse range of benefit choices tailored to support you in making optimal decisions for yourself, your loved ones, and your preferred way of life
• Personal time off, vacation time, floating days and observed holidays
• Business casual dress
• Entrepreneurial and innovative culture offering the opportunity for internal career advancement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level