Cash Application Specialist

ChemTreat•Glen Allen, VA

1d•$24 - $25•Onsite

About The Position

ChemTreat Cash Application Specialist – Glen Allen, VA Imagine yourself… Doing meaningful work that makes an everyday impact on the world around you. Thriving in a supportive team environment that inspires you to strive for excellence. Joining a company with a proven track record of success and an exciting future. It’s possible with a role at ChemTreat. ChemTreat, a Veralto company, is the nation’s largest and fastest-growing specialty chemical company dedicated solely to industrial water treatment. We understand and respect the awe-inspiring power of water to impact industries, and to sustain and enhance lives. Our 2,000 associates across North and South America maximize this power for our customers—from power producers to food and beverage companies to the automotive industry—helping them grow their businesses while protecting people and the environment. When you join the ChemTreat team and the broader Veralto network, you’ll have the chance to shape the future of our planet and the future of your career. You’ll have opportunities to build new skills and invest in your development, all while doing meaningful work that makes an everyday impact on the world’s vital water resources. Learn more about how our team is maximizing the power of water: https://wi.st/3vH5OUK

Requirements

A minimum of a High School Diploma or equivalent required
A minimum of 3 years of experience in accounting or a related field.

Nice To Haves

associate degree or bachelor's degree preferred
Knowledge of basic accounting concepts
Cash application and/or cash disbursement experience
Ability to adapt to a fast paced, high volume environment
Strong computer skills including Excel & Word
Technical, Analytical skills and business knowledge
Strong interpersonal communication skills
Ability to communicate cross-functionally

Responsibilities

Preparing, posting and reconciling payments made to ChemTreat.
Accurately posting payments against company receivables using available electronic & paper remit advice via Cash Pro Online, SalesForce Pay Remits mailbox, Blackline, customer contact, and collector interaction.
Manually posting Canadian, International, and Puerto credit card payments, wires, and lockboxes.
Retrieve & download lockbox, ACH & wire data for Domestic, and Puerto Rico from Cash Pro Online, Bank of America Global Advice, and Scotia Connect.
Research & resolve bank discrepancies.
Retrieve and print lockbox, ACH & wire data from banking sites.
Reconcile deposit against daily tape; scan check using remote scanner; reconcile balance discrepancies; retrieve & print deposit data from banking site and distribute miscellaneous income deposits to the Accounting Department.
Accurately post AR payments and resolve exceptions.
Mail Canadian checks to Scotia Bank.
Monitor when the Canadian checks are deposited to Scotia Bank and contact the Accounting Department of the miscellaneous income in the lockbox deposit.
Review & prepare invoice adjustments; obtain appropriate authorization.
Accurately post adjustments and manual applies against company invoices.
Review & prepare cash applications; Accurately post applications against company invoices via Blackline Automation
Retrieve, review, and upload credit card payments via excel spreadsheet.
Resolve exceptions.
Submit EFT requests to vendors, review and process chargebacks, post and last day cash on Saturday, and assist collections with root cause analysis on invoices/payments
Send out W9 information
Review Pay Remits box and incoming emails to move to the ACH reviewed mail box to assist in posting payments.
Contact customers using incorrect mailing addresses for checks and remits to provide them with the correct information.
Coordinate with accounting to review discrepancies and variances for cash applications, bank chargebacks and reversals.
Work with the Compliance director to provide AR Cash information requested by Auditors.
Update cash totals with cash receipts daily for US, International, Puerto, CAD, Credit Cards, and Remote Deposits, and weekly for Mexico.
Provide a report weekly to Controller and Credit and Collections Manager.