Lubrizol Cash Applications Specialist in Brecksville, Ohio

Cash Applications Specialist

Req ID: 42646

Lubrizol, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers’ products while reducing their environmental impact. Lubrizol produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, and additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care and personal care products and pharmaceuticals, and specialty materials, including plastics technology and performance coatings in the form of resins and additives.

Summary of Responsibilities

The primary purpose of the role is to accurately process cash receipts in a timely manner and ensure all bank accounts have a zero balance daily.

Essential Job Functions

  • Post shared services and other miscellaneous billings.

  • Record and charge off bad debts.

  • Manage a portfolio of cash-in-advance accounts to ensure all receivables are accurately reported.

  • Partner with Credit and Collections team to ensure all discrepancies are communicated accurately and promptly.

  • Maintain compliance with all internal controls.

  • Manage SAP held orders as necessary.

  • Demonstrate a professional demeanor and provide a timely response to internal and external inquiries resulting in a satisfactory resolution.

  • Work with internal audit on cash application controls and perform the quarterly audit requirements for Lubrizol.

  • Work with Customer Customer Service, Account Managers, and Customer Assistance for resolution of ongoing issues or disputes.

  • Communicate end of month reconciliations to Treasury and Accounting.

  • Document cash application metrics as needed.

  • Investigate and process refunds as required by customer requests.

Skills, Qualifications, Experience, Special Physical Requirements:

  • Either a Bachelor’s degree from an accredited college or university in a business discipline or an Associate’s degree from an accredited college or university with a minimum of two years of cash application / commercial collection experience.

  • Solid work ethic (self-starter and highly motivated).

  • Excellent professional demeanor with strong written and verbal communication skills.

  • Strong organizational skills with an ability to prioritize tasks and meet required deadlines.

  • Solid working knowledge of Microsoft Office (Word, Excel, Outlook).

Considered a Plus:

  • Experience with SAP.

  • Previous accounts receivable / cash application experience.

While headquartered in the United States, Lubrizol is truly a global specialty chemical company. We have a major presence in five global regions and do business in more than 100 countries. Our corporate culture ensures that Lubrizol is one company throughout the world, but you will find each region is a unique place to work, live and play.

Lubrizol is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to sex, race, color, national origin, citizenship, age, religion, marital status, military service, sexual orientation, genetic information, gender identity, or any other characteristic or trait protected by federal, state, or local law.

Nearest Major Market: Cleveland

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