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Cash Application Specialist
2 months ago
About Signode:
Signode Industrial Group is a prominent manufacturer in the transit packaging sector, generating over $2 billion in revenue and operating more than 80 manufacturing facilities globally. With a workforce exceeding 9,000 employees, we specialize in a wide array of packaging consumables, tools, software, and equipment designed to enhance end-of-line packaging operations and safeguard products during transit.
Our extensive product lineup encompasses trusted brands that deliver comprehensive transit packaging solutions to our clients. We are dedicated to producing strapping, stretch, and protective packaging, along with the tools and equipment necessary for applying bulk packaging materials. Our innovative materials, processes, and automation technologies have significantly transformed the industry.
Headquartered in Tampa, Florida, we proudly operate as the Transit Packaging Division of Crown Holdings, Inc., and are eager to present our diverse portfolio of products, services, and capabilities that establish us as the leading end-of-line packaging company worldwide.
Benefits:
We offer a robust benefits package for full-time employees, which includes health, dental, vision, 401k, paid time off, life insurance, wellness programs, and more. Benefits commence the month following the hire date.
Salary:
$20-$28/hourly
Position Overview
The Cash Application Specialist will ensure the accurate and timely application of customer payments by leveraging knowledge of company products, internal processes, and business relationships. This role will primarily focus on the application of cash payments from Signode customers related to their various contracts.
Key Responsibilities
- Daily application of cash based on banking statements.
- Maintain and update documentation for missing remittances.
- Collaborate with the team to identify and resolve intercompany payments received.
- Process netting cash applications on a monthly basis.
- Utilize various customer portals to gather necessary information for accurate cash application.
- Interface with customers, Collections, Sales, and CSR teams, notifying the Collections team of potential problem accounts due to short payments, deductions, or missing information.
- Provide regular status updates to management.
- Conduct daily reconciliation of bank accounts to ensure the accuracy and integrity of Accounts Receivable.
- Analyze and process offsets and write-off requests, and retrieve check copies to confirm correct payment applications.
- Communicate any potential problem accounts to the respective Manager and Supervisor, ensuring appropriate follow-up and documentation.
Qualifications
Education:
High School Diploma or GED required.
Experience:
Minimum of 2 years of cash application experience with large volume, high-profile accounts.
Skills:
Intermediate proficiency in MS Excel (Basic Functions, Formatting, Print setup). Familiarity with ERP software (Dynamics AX or Great Plains preferred) and customer portals (Ariba, Tulia, Coupa, etc.). Advanced understanding of the cash application process.
Success Drivers
The following competencies are essential for success in this role:
- Energy
- Detail Oriented
- Team Player
- Time Management
- Problem-solving
Reasonable Accommodation Statement
To perform this job successfully, individuals must be able to execute each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities.
This job description serves as a guideline for job expectations and the employee's ability to perform the described position. It is not intended to be an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.
Signode Industrial Group, LLC is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.