Cash Application Coordinator

Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life. T he Cash Application   Coordinator   is responsible for the timely and accurate posting of cash, wire transfers, and credit card receipts, as well as the offset of credit memos.   It also involves handling chargebacks and writing off unauthorized deductions to customer accounts, ensuring compliance with acceptable accounting practices and company policies and procedures.     What You Will Do at Graco:   Cash Application   Perform daily lockbox processing and manage   autocash   batch operations to ensure   timely   and   accurate   cash application   Manually apply unmatched cash receipts and credit memo offsets to customer accounts, ensuring invoices are cleared promptly and accurately.   Create chargebacks for unauthorized customer deductions or approving write-offs   in accordance with   delegated authority   Process credit card transactions, offsets, and related adjustments in compliance with company policies and controls   Deductions Management   Identify   deductions and short payments on customer accounts during the cash application process and accurately document the reasons provided   Initiate contact with customers, by phone or in writing, to clarify the basis for deductions or short payments not explained in remittance advice, and process chargebacks or write-offs when appropriate   Log and investigate all deductions, exercising judgment to assign and track follow-up responsibilities to the   appropriate party   (Customer Service, Sales, Credit, etc.).   Ensure that all deduction-related transactions and adjustments are accurately posted   in a timely manner .   Accounts Receivable   Maintain proper storage of paper and electronic check copies, as well as computerized Accounts   Receivable   listings (including trial balances, batch listings, and quarterly audits) in compliance with company policy guidelines .   Address and resolve complex customer inquiries   regarding   statements, chargebacks, and payment applications while ensuring positive client relationships .   Apply journal vouchers and check vouchers from the General Ledger to the Accounts Receivable file   in accordance with   corporate accounting policies .   Other duties as assigned.     What You Will Bring to Graco:   2 +   years of experience in Accounts Receivable Cash Application or general accounting.   Ability to   maintain   a high level   of speed and accuracy in preparing and entering financial information.   Strong analytical and problem-solving skills with the ability to make sound decisions.   Effective verbal and written communication.   Excellent attention to detail and time management, including the ability to meet critical month-end deadlines   Proficiency   in relevant computer applications, including Oracle and Microsoft Office.   Solid knowledge of basic accounting principles and bookkeeping entries .     Accelerators    Experience in the manufacturing industry .     Applicants must be legally authorized to work in the United States. This role is not eligible for immigration sponsorship now or in the future (e.g., H-1B, TN, F-1 OPT). At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco’s culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers