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ChemTreat Cash Application Specialist - Glen Allen, VA

Imagine yourself...

• Doing meaningful work that makes an everyday impacton the world around you.

• Thriving in a supportive team environmentthat inspires you to strive for excellence.

• Joining a companywith a proven track record of success and an exciting future.

It's possible with a role atChemTreat.

ChemTreat, aVeraltocompany, is the nation's largest and fastest-growing specialty chemical company dedicated solely to industrial water treatment.We understand and respect the awe-inspiring power of water to impact industries, and to sustain and enhance lives. Our 2,000 associates across North and South America maximize this power for ourcustomers-from power producers to food and beverage companies to the automotiveindustry-helping them grow their businesses while protecting people and the environment.

When you join the ChemTreat team and the broader Veralto network,you'll have the chance to shape the future of our planetand the future of your career.You'll have opportunities to build new skills andinvest in your development, all while doing meaningful work that makesan everyday impact onthe world's vital water resources.

Learn more about howour team ismaximizing the power of water:https://wi.st/3vH5OUK

We offer (Benefits are effective on day one of employment):

• Paid Time Off and Company Holidays

• Professional onboarding and training options

• Powerful team looking forward to working with you

• Career coaching and development opportunities

• Comprehensive Health benefits

• 401(k)

Reporting to theCredit & Collections Supervisor, Finance & Accounting, theCash Application Specialist is responsible for:

• Preparing, posting and reconciling payments made to ChemTreat.
• Accurately posting payments against company receivables using available electronic & paper remit advice via Cash Pro Online, SalesForce Pay Remits mailbox, Blackline, customer contact, and collector interaction.
• Manually posting Canadian, International, and Puerto credit card payments, wires, and lockboxes.

This is an onsite role in our ChemTreat facility in Glen Allen, VA.

Schedule: Monday-Friday, Day Shift. Overtime or Weekends may be required.

In this role, a typical day will look like:

• Retrieve & download lockbox, ACH & wire data for Domestic, and Puerto Rico from Cash Pro Online, Bank of America Global Advice, and Scotia Connect. Research & resolve bank discrepancies.
• Retrieve and print lockbox, ACH & wire data from banking sites. Research & resolve bank discrepancies.
• Reconcile deposit against daily tape; scan check using remote scanner; reconcile balance discrepancies; retrieve & print deposit data from banking site and distribute miscellaneous income deposits to the Accounting Department.
• Accurately post AR payments and resolve exceptions.
• Mail Canadian checks to Scotia Bank.
• Monitor when the Canadian checks are deposited to Scotia Bank and contact the Accounting Department of the miscellaneous income in the lockbox deposit.
• Review & prepare invoice adjustments; obtain appropriate authorization. Accurately post adjustments and manual applies against company invoices.
• Review & prepare cash applications; Accurately post applications against company invoices via Blackline Automation
• Retrieve, review, and upload credit card payments via excel spreadsheet. Resolve exceptions.
• Submit EFT requests to vendors, review and process chargebacks, post and last day cash on Saturday, and assist collections with root cause analysis on invoices/payments

SUPPLEMENTAL RESPONSIBILITIES

• Send out W9 information
• Review Pay Remits box and incoming emails to move to the ACH reviewed mail box to assist in posting payments.
• Contact customers using incorrect mailing addresses for checks and remits to provide them with the correct information.
• Coordinate with accounting to review discrepancies and variances for cash applications, bank chargebacks and reversals.
• Work with the Compliance director to provide AR Cash information requested by Auditors.
• Update cash totals with cash receipts daily for US, International, Puerto, CAD, Credit Cards, and Remote Deposits, and weekly for Mexico.
• Provide a report weekly to Controller and Credit and Collections Manager.

The essential requirements of the job include:

• A minimum of a High School Diploma or equivalent required; associate degree or bachelor's degree preferred.
• A minimum of 3 years of experience in accounting or a related field.

It would be an asset if you have:

• Knowledge of basic accounting concepts
• Cash application and/or cash disbursement experience
• Ability to adapt to a fast paced, high volume environment
• Strong computer skills including Excel & Word
• Technical, Analytical skills and business knowledge
• Strong interpersonal communication skills
• Ability to communicate cross-functionally

We anticipate this requisition will be open for a minimum of five days, though it may be open for a longer period of time. We encourage your prompt application.

ChemTreat is proud tobe apart of the Water Quality segment of Veralto (NYSE: VLTO), a $5B global leader dedicated to ensuring access to clean water, safe food and medicine, and trusted essential goods. When you join Veralto's vibrant global network of 17,000 associates, you join a unique culture and work environmentwhere purpose meets possibility: where the work you do has an everyday impact on the resources andessentialswe all rely on, and where you'll have valuable opportunities to deepen your skillset, pursue your ambitions, and grow your career. Together, we're Safeguarding the World's Most Vital Resources-and building rewarding careers along the way.

US ONLY:

The below range reflects the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range. This range may be modified in the future. An associate's position within the salary range will be based on several factors, including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance and 401(k) to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

US residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

Veralto Corporation and all Veralto Companies are committed to equal opportunity regardless of race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. We value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.
The EEO posters are available here.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us at applyassistance@veralto.com to request accommodation.

Unsolicited Assistance

We do not accept unsolicited assistance from any headhunters or recruitment firms for any of our job openings. All resumes or profiles submitted by search firms to any employee at any of the Veralto companies, in any form without a valid, signed search agreement in place for the specific position, approved by Talent Acquisition, will be deemed the sole property of Veralto and its companies. No fee will be paid in the event the candidate is hired by Veralto and its companies because of the unsolicited referral.