Cash Application Specialist

Creating Peace of Mind by Pioneering Safety and Security

At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 30 brands, 11,000+ employees globally and products sold in 130 countries, we specialize in security around the doorway and beyond.

JOB DESCRIPTION SUMMARY

• Posting and recording of customer payments received from multiple lockboxes/bank accounts including checks, ACHs, wires and credit cards.
• Properly identifying customer's remittance and posting payments to the correct account by invoice.
• Creating balancing entries related to short payments and deductions on customer accounts per remittance advice.
• Reconciling and balancing cash deposits to posting reports daily.
• Maintaining cash receipts records and files as required for audit requests.
• Research cash related posting requests related to customer short payments and deductions.
• Complete account adjustments in a timely manner per service level agreement.
• Manage daily inflow and outflow of intercompany transfers for assigned portfolio(s).

MAJOR ACCOUNTABILITIES

• Support internal and external customers through accurate, timely application of customer payments.
• Daily reconciliation of bank statement balances to cash posting reports.
• Complete daily, weekly and/or monthly reporting duties.
• Maintain applicable hardcopy and electronic data related to cash application for auditing purposes.
• Daily extraction of cash data from bank website and proper application by invoice to customer accounts.
• Ability to work within multiple ERP systems to develop and interpret reports.
• Build a solid relationship with credit staff and external customers.
• Provide positive communication with Credit team.
• Ability to quickly adapt to change.

OBJECTIVES

• Strong sense of time management.
• Ability to effectively present information and communicate to internal and external customers.
• Be an effective problem solver when presented with variables in standardized situations.
• Ability to cross-train on related Cash Application functions within a teamwork-oriented environment.
• Must work effectively with other internal departments to ensure cash transactions are balanced and accurate.
• Ability to comprehend and follow departmental policies and procedures.

REQUIRED SKILLS

• 3+ years of business-to-business cash application experience in a large corporate environment, preferably in manufacturing or distribution industries.
• Experience operating within multiple programs, software and ERPs daily.
• Excellent communication skills, both verbal and written.
• Strong general knowledge of accounts receivable processes, with an expertise in cash application.
• Ability to multitask in a high-volume transactional environment.
• Must be proficient in 10-key data entry.
• Strong knowledge of Microsoft Excel including VLOOKUP formulas and pivot tables.
• Ability to successfully operate in a teamwork-oriented, metric-based environment.

EDUCATION STANDARD: BS Degree Required

MIN. YRS. EXPERIENCE: 3-5 Years

PERCENTAGE OF TRAVEL: Minimal

We Celebrate Who We Are!

Allegion is committed to building and maintaining a diverse and inclusive workplace. Together, we embrace all differences and similarities among colleagues, as well as the differences and similarities within the relationships that we foster with customers, suppliers and the communities where we live and work. Whatever your background, experience, race, color, national origin, religion, age, gender, gender identity, disability status, sexual orientation, protected veteran status, or any other characteristic protected by law, we will make sure that you have every opportunity to impress us in your application and the opportunity to give your best at work, not because we're required to, but because it's the right thing to do. We are also committed to providing accommodations for persons with disabilities. If for any reason you cannot apply through our career site and require an accommodation or assistance, please contact our Talent Acquisition Team.

© Allegion plc, 2020 | Block D, Iveagh Court, Harcourt Road, Dublin 2, Co. Dublin, Ireland

REGISTERED IN IRELAND WITH LIMITED LIABILITY REGISTERED NUMBER 527370

Allegion is an equal opportunity and affirmative action employer

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