Job Title
Accounts Receivable Cash Applications Specialist
Requisition
JR000014224 Accounts Receivable Cash Applications Specialist (Open)
Location
Webster Groves, MO
Additional Locations
St. Louis, MO
Job Description Summary
Job Description
The Accounts Receivable Cash Applications Specialist is responsible for handling Mallinckrodt’s cash application processing. Key duties include daily posting of customer and intercompany payments, coding deductions, conducting research to identify remittance errors or omissions, and performing month-end close activities. The Accounts Receivable Cash Applications Specialist ensures the accurate and timely posting of all customer cash receipts through our banking system. Additional project work may be assigned as needed.
Essential Functions
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Oversee the daily execution of the auto-matching program and process unmatched batches promptly.
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Analyze and investigate customer remittance errors and omissions.
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Collaborate with various departments (Credit/Rebates/Chargebacks, Accounting, etc.) to ensure accurate posting of payments and proper coding of deductions related to gross-to-net accounting.
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Handle various methods of payment, including EDI, wires, and checks.
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Manage transactions in multiple currencies (USD, EUR, GBP).
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Provide audit support as needed.
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Ensure compliance with applicable Mallinckrodt policies.
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Identify and implement opportunities for continuous improvement to enhance cash flow, operational efficiency, and compliance
Minimum Requirements
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High School Diploma
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2+ years accounts receivable and cash application experience, preferably in the pharmaceuticals industry
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Experience working with large distributors and wholesalers, significant remittance values and volumes, as well as complicated deductions processing is preferred
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Detail-oriented and accurate with strong analytical skills, a continuous improvement mindset, and a drive to exceed expected results.
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Ability to work independently in a fast-paced environment, demonstrating flexibility and adaptability.
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Proficient in Microsoft Excel and Outlook
Preferred Skills/Qualifications:
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Ability to understand the payment behaviors and identify trends of the company’s larger customers
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Strong working knowledge of JDE World, or similar ERP systems
Organizational Relationship/Scope:
This position works with other Finance professionals and the other internal company employees.
Working Conditions:
This position works within a typical office environment. Hybrid working model in the office 2 days per week and could change based upon business needs.
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Top Skills
What We Do
At Mallinckrodt, we use strategic vision and employee-driven momentum to pursue a powerful mission: Listening for needs and delivering solutions.
As a leader in specialty pharmaceuticals, we develop, manufacture, market and distribute innovative treatments for underserved patient populations within neurology, rheumatology, hepatology, nephrology, pulmonology, ophthalmology, and oncology; immunotherapy and neonatal respiratory critical care therapies; analgesics; cultured skin substitutes and gastrointestinal products. . Our expertise also extends into acute and critical care hospital products, as well as our broad portfolio of generic prescription medicines and active pharmaceutical ingredients.
Together, we’re helping shape the future of the specialty pharmaceuticals industry by leveraging the values our founders instilled over 155 years ago – quality, integrity and service.
To learn more about Mallinckrodt, visit www.mallinckrodt.com.
Equal Opportunity Employer
Mallinckrodt Pharmaceuticals provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, veteran status or genetics. In addition to federal law requirements, Mallinckrodt Pharmaceuticals complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
