Jr Analyst, Accounts Receivable & Collections

JR Analyst, Accounts Receivable & Collections

Ingredion is hiring a JR Analyst, Accounts Receivable & Collections that will perform timely and effective collection activities of past due accounts in order to meet the departmental objectives. In this role, you will process, investigate and post payment data for US / Canada customers through SAP software against open items on customer accounts, as well as provide backup documentation to other Collection Analysts handling the account. This role will report to our Supervisor, Collections US / CAN.

What you will do :

• Perform timely and effective collections of past due accounts to expedite payments from our customers in accordance with the terms of sale granted and within the policies of the company, in order to meet the corporate objectives with the goal of reducing our DSO (Days Sales Outstanding) and maximizing profit by keeping slow collections at a minimum.
• Process, investigate and post payment data for US / Canada through SAP software against open items on customer accounts.
• Monitor payments for Cash in Advance (CIA) customers and advise the Risk Analyst accordingly.
• Provide backup documentation for customer short payments / over payments to Collection Analyst(s) handling the account.
• Make copies of checks received in house from customers, note the customer account (SAP & ACT!) and forward check(s) to the correct US or Canadian lockbox for deposit.
• Maintain files of all wire transfers and lockbox reports for US / Canada which includes ACH & Check payments.
• Special projects as assigned by the Collection Manager.
• Reconcile / investigate overpayments and short payments on customer accounts with internal departments (sales, billing, customer service, plants etc.) to final resolution.
• Provide supporting document information of discrepancies for a quick resolution and ensure the organizational accounting integrity of our customer accounts.
• Ensure individual account integrity through the research and reconciliation of account discrepancies.
• Research and correct any automatic US / Canada lockbox payment misapplications.
• Timely communication with customers and / or Sr. Collection Analyst(s) in regards to cash application issues.
• Input data into the Cash Collection Summary forecast sheets for US / Canada, as well as balance Daily Cash and Lockbox Reports.
• Maintain and update the remittance advices received from customers in the Departmental email boxes of US / Canada

Relationships and People :

What you will bring :

Who you are :

Why Join Ingredion?

Ingredion provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, we will work with the applicant to meet the job applicant's accommodation needs.

This pay range is not a guarantee of compensation or salary. Final base salary will be determined based on several factors which may include but are not limited to responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data and applicable bargaining agreement (if any).

As a part of the total compensation package, this role may be eligible for the Ingredion Annual Incentive Plan or a role-specific commission / bonus.

Full-time roles are eligible for our comprehensive benefits package which includes medical, dental and vision coverage as well as a 401(k) plan with a competitive company match.