Cash Applications Specialist

Posted 10 Days Ago
Be an Early Applicant
Delaware, OH
Junior
Logistics
The Role
The Cash Applications Specialist is responsible for applying cash to customer accounts, resolving payment issues, identifying payment discrepancies, and assisting in month-end balancing and reporting. This role requires effective communication and coordination to facilitate the resolution of accounts receivable issues across multiple departments.
Summary Generated by Built In

Greif offers a great working environment and the opportunity to make an immediate impact at a company where your ideas are always welcome.

Job Requisition #:

028968 Cash Applications Specialist (Open)

Job Description:

Greif is a leading supplier of industrial packaging products and services, growing from its beginnings in Cleveland, Ohio, to a global footprint across more than 30 countries and 200-plus locations.

OUR VISION:

Be the best performing customer service company in the world.

OUR PURPOSE:

We create packaging solutions for life’s essentials.

ROLE OVERVIEW:

Responsible for the timely and accurate application of cash and processing of internal and external customer deductions and overpayments. Assists in resolving problems related to these processes.

Key Responsibilities 

  • Applies cash to customers’ accounts maintained in accounts receivable portfolio.
  • Provides assistance to other Cash Application Specialists with research and resolution of problem payments.
  • Identifies and analyzes the root cause of customer short payments and codes these into the system for tracking and following established procedures. Facilitates the resolution of these items across multiple departments and escalates accordingly.
  • Research and apply Unallocated Receipts. Works in unison with the credit department to resolve these items.
  • Process Check Requests
  • Process Payment differences, write-off’s, and offsets.
  • Enters bank corrections into system, processes misc. corrections, and coordinates these activities with the accounting area.
  • Provides support to Credit Department on issues relating to application of payments.
  • Ensures cash batches are in balance before they are finalized.
  • Coordinates end of month balancing and reporting.
  • Facilitate the resolution of intercompany AP and AR balances.
  • Assists in new business partner maintenance requests.
  • Trains employees when required.
  • Assists supervisor in reaching area goals and objectives.
  • Performs other duties as assigned.


Education and Experience 

  • Typically possesses a high school diploma (or equivalent) and 2-3 years of relevant experience. 


Knowledge and Skills 

  • Basic accounting and bookkeeping knowledge.
  • Ability to solve problems.
  • Good interpersonal and communication skills.
  • Detail oriented.
  • Organization skills.
  • Knowledge of Microsoft Office Suite or related software.

At Greif, your work has purpose, colleagues care about your well-being, and you have the opportunity to grow and thrive. Service and leadership are the core of everything we do. Our global presence provides us a platform to do good in the world.

#LI-EF1

40

EEO Statement:

https://www.greif.com/wp-content/uploads/2023/04/HR-101-Equal-Employment-Opportunity-Policy-English.pdf

We offer a competitive salary, excellent benefits and opportunity for growth. Greif, Inc. is an equal opportunity employer. We will not discriminate against any applicant or employee on the basis of sexual orientation, gender identity, race, gender, religion, age, national origin, color, disability, or veteran status. EOE/Minority/Female/Disabled/Veteran. For more information read Greif’s Equal Opportunity Policy.

Top Skills

MS Office
The Company
HQ: Delaware, OH
3,804 Employees
On-site Workplace
Year Founded: 1877

What We Do

Greif (NYSE: GEF, GEF.B), is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. Greif also manages timber properties in the southeastern United States. The Company is strategically positioned in more than 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.

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