AR Supervisor - Cash Application

Posted 6 Days Ago
Be an Early Applicant
Deerfield, IL
In-Office
75K-110K Annually
Mid level
Other
The Role
Oversee cash application operations, ensure accurate payment processing, collaborate with teams to resolve issues, and optimize cash processes.
Summary Generated by Built In
Company Description

Fortune Brands Innovations, Inc. is an industry-leading home, security and digital products company. We’re focused on exciting opportunities within the home, security and commercial building markets. Our driving purpose is to elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

At Fortune Brands, we’re building something big. We’re advancing exciting innovations in all of our products and processes. We’re delivering trust, dependability, sustainability, and style. To make it all happen, we’ve transformed our workplace into an environment where smart, ambitious people have the support to reach their fullest potential.

When you join Fortune Brands, you become part of a high-performing team empowered to think big, learn fast and make bold decisions. We support an inclusive culture where everyone is encouraged be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Job Description

JOB DESCRIPTION:

As the AR Supervisor - Cash Application, you’ll support the Accounts Receivable functions by overseeing the daily operations of the cash application team, ensuring timely and accurate application of payments. You’ll interact with the offshore BPO and internal teams and use your keen attention to detail to support financial operations.

Job Location: Hybrid in Deerfield, IL (On-site Tuesday, Wednesday, and Thursday)

RESPONSIBILITIES:

  • Lead the cash application team in processing payments (ACH, wire, checks & credit card)
  • Monitor daily cash activities and resolve escalated issues related to unapplied or misapplied cash
  • Reconcile payment data between bank statements and the sub/general ledger
  • Collaborate with the collections teams to resolve payment issues
  • Review cash processes and identify opportunities for automation, standardization, and efficiency gains
  • Generate and analyze reports on cash application performance and KPIs
  • Assist with month-end closing activities and audits by providing necessary documentation
  • Review unapplied cash reporting to ensure commentary provided as necessary

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field
  • 2-4 years of experience in finance, accounting, or related field required. 4+ years of experience preferred. Team supervisory or management experience preferred.
  • Strong understanding of ERP systems (e.g., SAP, Oracle) and AR automation tools
  • Excellent analytical, problem-solving, and communication skills
  • Detail-oriented with a focus on accuracy and efficiency

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $75,000 USD - $110,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.

Equal Employment Opportunity

Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.

Important Notice: Protect Yourself from Fraudulent Job Postings

To protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.

Top Skills

Ar Automation Tools
Erp Systems
Oracle
SAP
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The Company
HQ: Deerfield, IL
5,358 Employees
Year Founded: 2011

What We Do

Fortune Brands Home & Security (NYSE: FBHS) is headquartered in Deerfield, Illinois with operations across the Midwest in the United States and globally. Since becoming a stand-alone company in 2011, we have established a strong track record of growth and success while consistently outperforming our competitors and the marketplace. Our strength comes from a consistent growth strategy focused on innovation, superior execution and high performing teams.

Our purpose is to FULFILL THE DREAMS OF HOME. Delivering on our purpose and strategy starts with our associates who see limitless opportunities to build a great company. Our teams are guided by our values called the 3As, which are fundamental beliefs and behaviors focused on how we conduct business and treat others: 1) ALIGNED - We are collaborative, inclusive, and work decisively. 2) AGILE - We move quickly in an ever-changing business landscape to capture the opportunities ahead. 3) ACCOUNTABLE - We operate with responsibility, transparency, and ownership to deliver results.

An important component of our culture is a strong focus on Diversity, Equity and Inclusion (DEI). At Fortune Brands, our associates are encouraged and empowered to be their authentic selves.

OUR BUSINESS INCLUDES 3 SEGMENTS:

Water Innovations (WINN): WINN designs for water, delivering beautiful products crafted with innovation and efficiency. Brands include Moen and a portfolio of luxury brands under the House of Rohl: Riobel, Rohl, Perrin & Rowe, Shaws and Victoria + Albert.

Outdoors & Security: This business focuses on the attractive outdoor living space with products engineered for a lifetime of outdoor performance, providing homeowners protection and security. Brands include Therma-Tru, LARSON, Fiberon, Fypon, Master Lock and SentrySafe.

Cabinets: MasterBrand Cabinets is the premier kitchen and bath cabinet producer in North America. Our portfolio includes more than 35+ brands.

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