AR Supervisor - Cash Application

Fortune Brands • Deerfield, IL

15d • $75,000 - $110,000 • Hybrid

About The Position

As the AR Supervisor - Cash Application, you’ll support the Accounts Receivable functions by overseeing the daily operations of the cash application team, ensuring timely and accurate application of payments. You’ll interact with the offshore BPO and internal teams and use your keen attention to detail to support financial operations. Job Location: Hybrid in Deerfield, IL (On-site Tuesday, Wednesday, and Thursday)

Requirements

• Bachelor’s degree in Accounting, Finance, or related field
• 2-4 years of experience in finance, accounting, or related field required.
• Strong understanding of ERP systems (e.g., SAP, Oracle) and AR automation tools
• Excellent analytical, problem-solving, and communication skills
• Detail-oriented with a focus on accuracy and efficiency

Nice To Haves

• 4+ years of experience preferred.
• Team supervisory or management experience preferred.

Responsibilities

• Lead the cash application team in processing payments (ACH, wire, checks & credit card)
• Monitor daily cash activities and resolve escalated issues related to unapplied or misapplied cash
• Reconcile payment data between bank statements and the sub/general ledger
• Collaborate with the collections teams to resolve payment issues
• Review cash processes and identify opportunities for automation, standardization, and efficiency gains
• Generate and analyze reports on cash application performance and KPIs
• Assist with month-end closing activities and audits by providing necessary documentation
• Review unapplied cash reporting to ensure commentary provided as necessary

Benefits

• robust health plans
• a market-leading 401(k) program with a company contribution
• product discounts
• flexible time off benefits
• adoption benefits
• We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees