U.S. Pharmacopeial Convention Jobs

Job Information

The U.S. Pharmacopeial Convention (USP) Cash Application Specialist in Rockville, Maryland

Description

The Cash Application Specialist is a key role in the Accounts Receivable team. Reporting to the Manager, Accounts Receivable, this non-supervisory position is responsible for daily cash applications of customer accounts, reconciliations, as well as processing of refunds and other adjustments.

Roles and Responsibilities

  • Ensures that cash is applied in a time sensitive manner and looks for ways for continuous improvement.

  • Performs customer account and daily cash receipts reconciliations.

  • Download, review, reconcile and post all lockbox payments on a daily basis.

  • Works closely with Credit & Collections and Customer Service teams to proactively resolve unidentified, on account payments and release order holds.

  • Collaborates with A/R, Customer Service, and Strategic Customer Development Managers to identify, analyze and resolve pain points for delinquent accounts. Escalates issues as required.

  • Adheres to Global Finance Cultural Statement & Operating Principles.

  • Must be able to function effectively in a high paced, high demand environment.

  • Participate in and support technology enhancement projects.

  • Performs other duties as assigned.

Basic Qualifications

  • Associates degree in Business, Accounting, or equivalent work experience.

  • 3+ years of Cash Application experience and Account Reconciliation experience.

  • Demonstrated experience with lock box automation and bank reconciliation.

  • Understanding of Order to Cash processes

  • ERP experience with mid to large financial applications

  • Proficiency in Microsoft Office suite (Excel, Word, Outlook, Teams)

Preferred Qualifications

  • Experience performing AR/Cash Application functions for a global organization

  • General understanding of accounting principles and financial controls

  • Intermediate Microsoft excel skills for big data analyses

  • Experience with Oracle E-Business Suite

  • Ability to handle multiple priorities in a fast-paced environment

  • Results driven with demonstrated successful outcomes

  • Ability and desire to work well with diverse employees and customers in a cooperative and friendly manner

  • Ability to handle multiple priorities in a fast-paced environment

  • Excellent written and verbal communications skills

  • Able to work flexible hours when needed

The following COVID-19 provisions will apply to selected candidate(s) hired:

As a condition of employment with United States Pharmacopeial Convention’s (USP) duty to provide and maintain a workplace that is free of known hazards, all employees and contingent staff hired after July 1st, 2021 are required to be fully vaccinated unless a reasonable accommodation is approved. Your recruiter will advise accordingly.

USP provides you with the benefits you need to protect yourself and your family today and tomorrow. From company-paid time off, comprehensive healthcare options to retirement savings, you can have peace of mind that your personal and financial wellbeing are protected.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Job Category Accounting & Finance

Job Type Full-Time

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