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AR Specialist
Req Number: US -7666adi-12
Country United States Department Accounting & Finance
State Province South Carolina Job Type Accounting & Finance - Credit Collections
City Location Spartanburg Brand adidas GROUP
PostalZip code Not specified Relocation Offered No
Purpose Verifies and posts accounts receivable transactions for a high volume AR department that processes 15000 to 20000 transactions and cash receipts over 100 million per month Follows established procedures for processing receipts creditdebit memos account clearing etc Sorts and files documents after posting
Key Responsibilities
* Responsible for miscellaneous cash clearing account reconciliation posting entries to GL and providing payment detail to Finance
* Apply customer payments via lockbox post-process As part of post-processing payment advice maintenance may be performed where additions changes or deletions of clearing information is appropriate Research and identifies payment discrepancies Works with Claims Analysts and Account Reps to reconcile accounts identify payment deductions appropriately andor identify payments for accurate posting Classifies deductions with reason codes and creates residual items on customer accounts Posts “write off” payment differences to GL accounts and enters profitability segments on certain payment differences posted to GL accounts
* Posts credit and debit entries through Financial Accounting across many company codes
* Posts and applies special payments ie ARO payments Sample payments etc
* Analyzes and performs open item clearing to offset debit and credit items on customer accounts
* Corrects application errors when necessary
* Enters ACH wire transfer and credit card deposits manually Applies manual payments to customer accounts via the assistance of the remittance advice hardcopy or EDI upload
* Prepares daily deposits and mails to lockbox sorts and distributes receipt batches
* Assists with DMS indexing when necessary including creation of bar codes for DMS Provides deduction detail information for DMS indexingbar coding for the Claims Workflow Assures accuracy of data clarity of images and proper routing of manually indexed documents
* Assists with return credit memo worksheet sorting Researches and verifies billing document information and payment history detail related to the return credit memo
* Creates adjustments to credit memo worksheets when necessary and provides additional required data related to the customer or customer’s account Calculates credit memo worksheets creates batches and tapes required for DMS scanning Creates creditdebit memo requests in SAP and populates related data attributes on creditdebit memo images in the DMS workflow Exercises independent judgment in the resolution of memo related issues
* Assists and supports daily functions of Cash Application Supervisor as called upon
Knowledge Skills and Abilities
* Excellent attention to detail
* Good oral and written communication skills
* Good computer keyboard and 10-key skills
* Working knowledge of Excel and Word
* Excellent organization and planning skills
* Works well in a team environment
* Ability to work under deadline requirements
* Ability to enter data at a fast pace yet maintain a high accuracy rate
* Ability to work in a fast pace environment with a minimum of direct supervision
Requisite Education and Experience Minimum Qualifications
* Associate degree accounting preferred or equivalent from a two year college or technical school or 2 years or more related experience andor training or equivalent combination of education and experience
Our mission is to be the leading sports brand in the world adidas provides equal employment opportunities to all employees and applicants for employment without regard to race religion color sex national origin citizenship creed age marital status sexual orientation veteran status mental or physical disability or any other protected status unrelated to the performance of the work involved You may have heard us say “Impossible is Nothing” or “Celebrate Originality” to us these phrases are more than just words If you share this same passion then apply today