Cash Application Coordinator

Job Responsibility: 2 MEDICORUM PLACE, WATERDOWN, ON, L8B 1W2, CA REMOTE-CA

Job details

Work flexibility: Remote or Hybrid or Onsite Req ID: R541676 Employee type: Full Time Job category: Finance Travel: 0% Relocation: No

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Looking for a place that values your unique talents? Discover Stryker's award-winning culture. We are proud to offer you 12 paid holidays annually. For an overview of our benefits and time off, please follow this link to learn more: US Stryker employee benefits Shift : Monday - Friday, 8:00 AM - 4:00 PM Work Flexibility : Hybrid Location: 2 Medicorum Place, Waterdown, ON Summary: The Cash Application Coordinator is responsible for receiving and applying customer payments to the correct account to clear open accounts receivable (AR) and handle full Accounts Receivable lifecycle. In this role, you will also be responsible for investigating discrepancies to apply cash accurately and to continuously find opportunities for improvement and presenting those to management. What You Will Do:

• Record and apply customer payments accurately within 24 hours, including credit card transactions.
• Investigate and resolve payment discrepancies and initiate unapplied payment correspondence.
• Review unapplied cash reports weekly to ensure accurate application of funds.
• Make collection calls and follow up on past due accounts, missed commitments, and short payments.
• Send outstanding invoices and proactive customer statements using MyDSO software.
• Log customer complaints and maintain documentation in compliance with SOX policies.
Use
• Point for account opening and credit limit approval requests.
• Identify and escalate areas of concern; perform additional duties as assigned.

What You Need : Required :

• High School Diploma or equivalent
• Minimum 3+ years cash application experience

Preferred :

• University Degree in business administration, accounting, or related discipline

Internal applicants with an equivalent combination of education, experience and performance over time at Stryker will be considered. Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.