Collection & Cash Application Specialist - FT (4448)

Cargojet•Mississauga, ON

7h•Onsite

About The Position

Accelerate your career with the most awarded Air Cargo Airline in Canada! Cargojet is Canada's leading provider of time-sensitive overnight air cargo services and carries over 1,300,000 pounds of cargo each business night. Cargojet operates its network across North America each business night, utilizing a fleet of all-cargo aircraft Cargojet has been awarded one of Canada’s 50 Best Managed Companies as well as being awarded the Shipper’s Choice Award for the best Air Cargo Carrier in Canada for the past number of years. Being part of Cargojet will allow you to become a part of a diverse and vibrant family at the leading edge of the air cargo industry both domestically and internationally. Cargojet team members are dedicated, hardworking, and have a strong sense of leadership and commitment. Primary Objective of the Position: Reporting to Supervisor AR, the Collections & Cash Applications Specialist is responsible for executing the collections and cash applications process while driving continuous improvement initiatives. This role ensures timely collection of outstanding invoices, reduction of AR aging, and adherence to cash application discipline. The incumbent will lead efforts in customer collections, delinquent account management, and the overall optimization of receivables, in accordance with established procedures, company policies, and legal requirements.

Requirements

Bachelor’s degree in accounting or finance.
A minimum of 5 years' experience in cash applications and collections within a fast-paced corporate environment.
Demonstrated experience in performing cash application processes, customer account reconciliation and collections.
Proficiency in SAP procedures related to cash applications, dunning and customer credit limit.
Strong proficiency in SAP S/4HANA FI-AR module and advanced Excel skills.
Strong analytical and numerical skills with exceptional attention to detail.
Familiarity with Banking systems and processes.

Nice To Haves

Previous experience in the aviation or logistics industry is preferred.

Responsibilities

Perform daily cash application tasks and assist with the cash application process automation.
Adhere to the cash application discipline to ensure accurate, timely, and effective application of incoming payments.
Execute the end-to-end collections process to ensure the timely collection of outstanding invoices.
Implement, and monitor action plans for collections processes that align with company standards.
Assist with the development, documentation, and continuous improvement of credit and collections processes.
Report AR aging and efficiency metrics by generating consistent, weekly aging reports that provide clear insights into outstanding balances.
Serve as the primary point of contact for resolving customer queries related to AR aging and cash application issues.
Reconcile customer accounts and effectively manage disputes concerning the payment of outstanding balances.
Collaborate closely with sales, customer service, and billing teams to resolve issues and ensure AR accuracy.
Other related duties and responsibilities as required.