OTC - MT

Responsibilities

Manage the cash application, relieving of receivables, and deduction creation of cash coming in through lock box and EFT with a target of 24 hours for both domestic and export customers.
Cash application and deduction creation for all manual, lock box and EFT receipts not automatically applied within 24 hours of receipt.
Audit cash application process on auto cash to ensure financial integrity of receivables (invoices closed, and deductions created).
Understand the negative impact to AMPS and data integrity issues if cash applied automatically is not audited. Also results in erroneous cash discounts and negative impact to cash flow.
Application of cash for business region
Identification of unknown cash receipts and accurate application to appropriate receivable.
Ongoing maintenance of A/R customer accounts continuously identifying and correcting items that require re-coding on auto cash or can be linked to available cash on account.
Ability to interpret customer documentation that can be vague at times and solve problems related to customer payments.
Application of checks remittance to customers accounts under tight deadlines. Remain current on the workload and redistribute assigned work if necessary.
Must be willing to work overtime during peak periods, month end, and year end.
Ability to deal with difficult internal and external customer situations requiring tact and professionalism.
Ability to analyze and problem solve.
Accurate interpretation of vague remittance documentation
Ability to deal with system issues and missing bank files.
Time management ensuring all time targets met.
Identify process improvements to improve customer behavior, cash processes, and auto cash match. Share knowledge gained with Team Lead and Team.