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Praxair, Inc. Cash Application Administrator in Tonawanda, New York

Cash Application Administrator

Description

At Praxair, 26,000 employees in 50 countries are working together towards a common goal: making our planet more productive. For more than 100 years, Praxair has taken something as fundamental as air and turned it into ways to make plants operate cleaner and more productively, food taste better, breathing easier and manufacturing processes more efficient -- in short, to make all our lives better.

JOB DESCRIPTION:

The Administrator, Cash Applications functions on a daily basis to ensure timely and accurate posting of incoming cash. The daily cash application functions include Lockbox, ACH, Wires, and other Electronic Data Interface (EDI) payments. The position researches and follow ups on any insufficient remittance detail, updates customers’ notes relevant to payment transactions. The Administrator also assists the Accounts Receivable (AR) Collectors to resolve un-posted or misapplied cash issues. A fair amount of research and analysis is required on some complex accounts.

PRIMARY DUTIES AND RESPONSIBILITIES INCLUDE:

  • Run daily lockbox program, ensuring all cash is posted to correct account/companies.

  • Review, analyze, and post-process the lockbox data

  • Daily communications with bank to resolve differences

  • Maintain proper records of unresolved posting issues

  • Research incoming cash download from accounting and process wires including international.

  • Write-off clearing, cash/lockbox reconciliation, support audit activities and special projects.

  • Handle lockbox correspondence, shared mailbox and other duties as they come.

  • Work with deductions Analyst to correctly identify deductions taken by customers

  • Build Quality into all aspects of work; strong attention to detail and accuracy

  • Able to promptly report any non-compliance issues to appropriate administrator.

Qualifications

QUALIFICATIONS/EDUCATION/EXPERIENCE:

  • Associate degree or an equivalent combination of education and relevant accounts receivable experience (2-5 years).

  • Related experience in cash application function strongly desired

  • Detail Orientated

  • Strong Work Ethic

  • Ability to prioritize tasks in a fast-paced environment.

  • Customer Focused

  • Teamwork and Collaboration Skills

  • Strong interpersonal, oral and written communication skills.

  • Experience with JD Edwards a plus.

Intermediate

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

Job Finance/Accounting

Primary Location New York-Tonawanda

Schedule Full-time

Req ID: 18002654

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