AR Supervisor - Cash Application

Fortune Brands Innovations • Deerfield, IL

28d • 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.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Furniture and Related Product Manufacturing
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees