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AR Specialist
Apply Now Submit a Referral Job ID REF15245N Date posted 11/21/2024 Address 195 East Algonquin Road, Des Plaines, IL Job Type Full-time Job Status Non-ExemptITW Appliance Components serves all the major Appliance OEM in the US, Europe, Asia, and Mexico and their tier suppliers. This global division manufactures mechanical, electromechanical, and electrical components and assemblies with a variety of manufacturing processes. We have locations in the US, China, Mexico, the UK, Slovenia, Bulgaria, and Italy.
The division drives profitability by leveraging its innovative solutions and application engineering. In addition to ITW’s industry leading research and development capabilities, the division enhances our customers’ competitive advantage by:
- Maintaining advanced global engineering and manufacturing facilities.
- Identifying customer needs to provide continued added value solutions.
- Continually improving processes, materials, and designs to ensure every solution exceeds customer expectations while providing unparalleled value.
Essential Duties and Responsibilities:
- Logging into bank website daily for cash received; Documenting and applying all cash across a complex customer master list with a goal of zero unapplied by each month end
- This can require complicated Excel spreadsheets that cross-reference packing slips, quantities, and across multiple payment dates to find matching amounts to apply.
- Taking initiative to learn new customer portals and maintain primary list of customer contact information
- Support Sales by providing customer set up information (banking, W-9, etc.)
- Maintain and update customer resale and tax exemption certificates
- Running A/R Aging reports from the ERP system and proactively following up with customers on past due or nearly due invoices
- Working with Customer Service and Sales teams to resolve customer payment issues, placing customers on hold when needed
- Analyzing existing A/R Aging, investigating past dues, and suggesting practical write-offs
- Prepare monthly A/R report reconciliation
- Participation as a key stakeholder in ERP improvement projects
- Proposing continuous improvement ideas to simplify invoicing, cash applications, etc.
- Train to be the backup for the remaining A/P, A/R, and freight expense processing
- Other projects and responsibilities as required
Qualifications:
Position Skills and Experience Requirements:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Associate Degree in Accounting preferred, or one year of accounting study with related practical experience including significant computer utilization
- Proficiency with Microsoft Office, particularly Excel
- At least three to five years using A/R software and navigating an ERP system. Experience with JD Edwards a plus
- Strong organizational and interpersonal skills
- Strong attention to detail
EOE/AAF/M/D/V. ITW is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
All your information will be kept confidential according to EEO guidelines.
Only qualified selected candidates will be contacted for an interview. No phone calls or email inquiries please. Pre-employment, post offer drug screen and physical required on selected candidate.
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
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At ITW, we value our colleagues' unique perspectives, experiences, and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
Equal Opportunities
ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status, or any other characteristic protected by applicable federal, state, or local laws. Read more information here.
If you are a qualified individual with a disability and are unable or limited in your ability to use or access this online application system process due to your disability, please email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.