A/R Specialist

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Wacker, IL, USA
In-Office
Financial Services
The Role

The AR Specialist is responsible for processing payments received in various bank accounts and applying them to the correct customer accounts and invoices in a timely and accurate manner. This includes researching unidentified payments and noting accounts with discrepancies as well as working with other team members to resolve disputes and questions from customers.

Principal Accountabilities:
 Generate daily bank reports for Electronic and Lockbox payments and ensuring prompt and accurate recording of payments to customer accounts.

Monitor Cash application email inbox daily for remittance information and respond to questions relating to cash application

Research and resolve payment discrepancies in a timely manner to ensure that customer balances are accurate and reconcile daily cash receipts to cash applied for completeness.

Effectively communicate with internal and external stakeholders and build collaborative relations with Team members and billing departments.

Process ACH files to Direct debit customer accounts as required.

Performs other job-related duties as assigned

Skills & Software Requirements:
Workday or similar ERP with Accounts Receivable, Billing and General Ledger Module experience; Intermediate Microsoft Excel skills

CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $22.16--$36.92. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our Benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active Pension Plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic Benefits package for our team and their dependents.

CME Group: Where Futures are Made

CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.

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The Company
HQ: Chicago, IL
3,291 Employees

What We Do

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing provider in the world, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

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