AR Payment Processor

• Daily download and processing of payment file batches received through bank lockbox.
• Identify unprocessed and partially applied transactions, unallowed deductions and unapplied payments to place on accounts within SAP.
• Notifies AR Associates when discrepancies occur, and requests missing information that is required to post payments correctly.
• Customer outreach as needed to gain remittance advice or to ensure that remittances received are in the correct format for processing through a payment upload into SAP.
• Prepare upload file in the necessary format, calculates correct discounts and fees so payment posted in SAP matches what is on the customer’s remittance advice and/ or write off to the correct GL accordingly.
• Work closely with Accounting Department to request any GL adjustments as needed.
• Escalate issues to appropriate level of management where warranted.
• Retrieves and reconciles composite reports daily allocating all incoming deposits regardless of status of payment.
• Weekly reconciliation of incoming remittances and deposits recorded on shared accounting files.
• Process and distributes NSF notifications to place on accounts following internal procedures.
• Other duties as assigned.

Qualifications:

• This position requires a minimum of one year of Accounts Receivables reconciliation and posting payments experience.
• Strong computer skills, including intermediate to advance Microsoft Excel.
• Experience with SAP or other accounting related software would be ideal.
• This position also requires excellent communication, interpersonal and customer service skills.
• Must demonstrate strong attention to detail and mathematical skills necessary for reconciliation of accounts, figures and to calculate discounts.
• The abilities to work within a team, serve as a trusted expert for assigned duties and work successfully independently are necessary.
• The ability to work efficiently under pressure, accurately meet deadlines, present a professional demeanor is essential.
• In addition, organizational and problem-solving skills, a can-do attitude, being able to adjust to changing requirements, treating others with respect and upholding Company values are key attributes.

Educational Requirements:

This position requires a high school diploma or GED. College degree preferred.