Details
Posted: 02-May-22
Location: Lake Forest, Illinois
Type: Full Time
Preferred Education: 4 Year Degree
Categories:
Accounting
Sector:
Consumer Products & Manufacturing
Salary Details:
Salary based on experience.
Position Summary:
The Accounts Receivable Supervisor is responsible for leading and directing a team of specialized cash application professionals, ensures appropriate customer applications across multiple cash application systems. This individual is also responsible for compiling and submitting all A/R journal entries to Corporate Accounting. In addition, this role prepares monthly General Ledger reconciliations for review and ensuring compliance with audit requests. The Cash Application Supervisor also assists the A/R Manager in developing training methods and then executing the process for cash application professionals and appropriate plant personnel.
Dimensions:
This is a high-volume department, which processes approximately 5,000 checks/ACH payments per week and approximately $110,000,000 to $135,000,000 in payments. The A/R Department also receives about 750-1,000 Helix Support Requests per month that require timely resolution and communication with the plants and Corporate Accounting.
Principle Accountabilities:
- Oversees corporate Accounts Receivable by ensuring daily reconciliation of bank deposits, sales batch postings, discrepancies, and corrections to verify accurate accounting of transaction activities
- Supervises the team’s application of payments efficiently and effectively to open receivables to exceed company and customer expectations
- Support team when an account is identified in disarray and assist in developing a plan of action for addressing such accounts
- Works closely with the IT Development Team, A/R Manager, Credit Supervisor, A/P Supervisor, and Corporate Accounting to develop and maintain processes for cash application, daily balancing, sales, and all other A/R functions.
- Trains all corporate and plant users on cash application systems
- Work with Recruiting and A/R Manager to review resumes, conduct interviews, and have key input for the overall department staffing
- Provides expertise, support, and final resolution to escalated situations from team of cash application professionals
- Prepare manual General ledger entries for review by Corporate Accounting or the appropriate plant personnel
- Reconciles all A/R General Ledger accounts using Account Reconciliation Cloud Service (ARCS)
- Performs month-end close procedures
- Perform additional analysis of customer and general ledger accounts and reconciliations
- Assists plant personnel with information regarding transaction removals or applications on customer accounts
- Provides cross-functional support to the A/R team as needed
- Understands and applies the corporate accounting A/R policies and procedures
- Remembers and follow a large number of instructions to recognize payment exceptions timely
- Travels to plants as required
- Knows and follows policies and procedures of the company, shares information that would benefit other members of the team, and finds ways to improve the delivery of service to our customers
- Strives to strengthen PCA’s business philosophy of meeting needs and exceeding expectation for customers. This includes supporting PCA’s Commitment to Service which involves doing what is right for our customers, focusing on strategies that add value and support growth, and keeping the promises that we make
Decision Making:
The Accounts Receivable Supervisor is responsible for planning, scheduling, and directing work requirements for their direct reports unit within the established accounting policies of the organization. This position will monitor the receipt and posting of cash receipts, reconciling outstanding account balances, and preparation of periodic reports on Accounts Receivable and past due status.
Interactions with Customers and Contacts
Accounts Receivable Supervisor will work closely with all members of the Corporate Finance, Accounts Payable, Credit, Tax, and Treasury. The incumbent is required to build a good working relationship with plant level staff as well as PCA customers and auditors.
Position Requirements
- Bachelor’s degree in Accounting or Finance from an accredited college or university, or equivalent work experience in an Accounts Receivable setting.
- Minimum of 5-7 years work experience in Accounts Receivable with 3-5 years of A/R supervisory experience.
- Ability to learn new computer application programs. Previous experience with computer software that handles Accounts Receivable and general ledger preferred. The A/R departments also supports its own help desk using the Helix application.
- Working knowledge of Oracle, AS/400, Microsoft Excel, Microsoft Word, Microsoft Teams, Internet, and Outlook preferred.
- Strong organizational skills.
- Able to delegate and cross-train others on their team to ensure proper staffing for key functions as required by the position.
- Strong attention to detail.
- Strong mathematical ability, analytical skills, and ability to evaluate entries for accuracy and appropriateness.
- Strong verbal and written communication skills with ability to communicate company policies and procedures related to the Accounts Receivable process.
- Good customer service skills both within PCA’s corporate office and with our plants.
- Previous work experience in an Accounts Receivable department within PCA or another larger organization and a strong understanding of the importance of open communication and information sharing between team members.
- Able to work overtime as needed.
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All qualified applicants must apply at Careers.packagingcorp.com to be considered.
PCA is an Equal Opportunity Employer – Veterans/Disabled and other protected categories.
