Accts RecCash App Admin

Simmons Foods•Siloam Springs, AR

About The Position

Responsible for the timely and accurate recording of all payments received to ensure protection of company assets and optimization of collections. Essential Position Responsibilites - This is a Salary Exempt position.

Requirements

1-2 years general accounting experience preferred.
1-2 years of banking experience and/or cash applications experience strongly preferred.
Must be proficient with a personal computer, 10-key, and Microsoft Office suite, especially Excel.
Superior data-entry skills and strong attention to detail.
Bachelor’s Degree in Business or 4 years of relevant experience

Nice To Haves

Bachelor’s Degree in Accounting

Responsibilities

Posts accounts receivable transactions to the internal system.
Retrieves customer payment data from lockbox and local deposits, including checks, cash, wires, ach and credit card transactions. Records all revenues by posting transactions to appropriate customer accounts. Investigates as needed when payment information is incomplete. Makes requested adjustments to customer accounts. Maintains spreadsheets, reports and backup of all incoming funds. Performs remote check deposits.
Supports reporting accuracy. Balances accounts receivable reports and spreadsheets to ensure all payments are accounted for and properly posted in the internal system. Researches any discrepancies and verifies the validity of the balances for all companies.
Performs Month end activities. Completes month-end journal entries and posts in the general ledger. Regularly generates and saves reports to support borrowing activity as well as audits. Prepares monthly reconciliations.
Cross trains to cover multiple positions. Trains associates in the department to be back up for this position. Maintains and updates standard work instructions as needed. Assists invoicing administrator with invoicing processes, creation of manual invoices and credit memos.
Supports Credit Manager and Customer Service. This role will work directly with the credit manager and collections to resolve any open items concerning receipt of payments, unidentified payments, and/or misapplication of payments.
Problem Solver. This position will work directly with IT to resolve invoicing and AR system errors. The role will need to be able to identify errors and think critically to determine cause of error and a long-term solution for error.
Process Oriented. Identifies and constantly improves upon existing processes related to cash applications by developing and implementing new tools and/ or guiding automation initiatives.
Participates as a member of the Team. Participates in the ongoing development, communication and implementation of team concepts, programs and policies; coordinates work to ensure best practices with all team members. Attends appropriate team meetings. As a member of the Team, fosters strong cohesiveness regarding all major issues; e.g., direction, annual plan, budget, policy changes, etc. Accepts responsibility to quickly identify any areas that lack cohesiveness, bringing them to the attention of the team leader and working with the team in a supportive manner to resolve issues and actively look for ways, and reinforce actions needed, to achieve synergy possible within the larger organization.
Simmons Operating systems principles and objectives: Is familiar with Simmons’ established operating systems (e.g. quality, security, office environment, company policies); understands the responsibility to maintain familiarity with the systems and this position’s role in support of these systems - including a consideration of the impact of individual actions on the systems and the responsibility to communicate concerns and improvement ideas.
Performs other duties as necessary in support of business objectives: This position description is intended to guide the activities of the person in this position and is not intended to limit the thinking and creativity of the person as to the work of this function nor is it intended that this describe all the work that may be required of the person in this position.