Factory Motor Parts · 3 weeks ago
Cash Applications Supervisor
Eagan, MN
Full-time
Onsite
Mid, Senior Level
1+ years expFactory Motor Parts is an industry leader seeking a Cash Applications Supervisor to lead and manage the Cash Application team. The role involves analyzing A/R processes, ensuring accurate cash application to customer accounts, and driving continuous process improvements through effective coaching and oversight.
AutomotiveLogisticsManufacturing
Hiring Manager
Mai-Linh Nguyen
Responsibilities
Originate, lead, and/or participate in projects designed to improve Cash Application processes, including providing guidance and oversight to Cash Application team members
Accurately apply cash to customer accounts in the most efficient way possible
Reconcile customer remittance information and appropriately apply all cash to customer accounts using customer remittance information provided, or through Excel spreadsheets and High Radius uploads into the A/R system
Help ensure the integrity of all the cash application systems and processes
Participate in and lead projects designed to improve cash application processes or procedures, as well as related processes that affect cash application accuracy and timeliness
Establish regular communication of appropriate A/R and Cash Application information with the Senior Manager – Cash Apps, including team performance, workload, and process improvement opportunities
Effectively communicate Cash Application information (metrics, performance, areas of concentration/improvement) to all levels of management as requested
Provide guidance, training, and support to Cash Application team members, fostering professional development and consistent performance
Provide assistance to location managers, sales people, and customer service on cash application issues
Establish and maintain positive working relationships and clear communication with other departments to support efficient cash application operations
Research and review customer remittances and deductions to assist with accurate application to the A/R system
Assist with onboarding and training of new Cash Application team members
All other duties as assigned
Qualification
Required
Bachelor's Degree in Finance or Accounting
1-5 years of office experience working in A/R or Cash Applications in a high volume, fast paced environment
Advanced knowledge of Access, Microsoft Suite, particularly Microsoft Excel (macros, pivot tables, v lookups)
Advanced knowledge of accounting and reconciliation skills
Excellent analytical and problem-solving skills with attention to detail
Strong communication skills (written and verbal) for collaboration and building relationships with internal teams and external customers
Strong work ethic, positive attitude, customer focus
Must be able to multi-task while still detail oriented and self-motivated
Preferred
Familiarity with High Radius Cash Application
1 or more years of lead or supervisor experience preferred
Experience developing or utilizing online cash application software, with the ability to evaluate existing processes and identify improvement opportunities to increase cash application match rates
Benefits
Medical
Dental
Vision
Life
401K
Profit sharing
Paid holidays/vacation/sick time
STD/LTD
+ much more
Company
Factory Motor Parts
Factory Motor Parts is an automotive parts distribution company.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Carl Luque
Director of DC Operations
Danielle Hobgood
Director of DC Operations
Recent News
Company data provided by crunchbase