Cash Applications & Route Settlement Supervisor

Date:  May 13, 2024
Location: 

Bedford, NH, US, 03110

  • Compensation: $64,000 - $80,000 (Dependent on experience)

 

Why Join Coke Northeast?

Culture - At Coca-Cola Beverages Northeast, we deliver more than your favorite beverages. We deliver on a promise – to live our values by investing in our people, focusing on our customers, and championing the communities we are fortunate to serve.

Career Development - At Coke Northeast, the career growth is truly endless. We continue to expand our territories through the Northeast bringing new opportunities to our employees to move up within our organization.

Diversity - Our Sales Centers and Production Centers throughout the Northeast are filled with an array of personalities, cultures, and backgrounds. Our focus is to build a team that can bring refreshing new ideas and insights to the table and that begins with our diverse workforce.

Job Description

The Cash Application and Route Settlement Supervisor will be responsible for leading a team of Cash Application and Route Settlement Specialists, to ensure that all payments received through our bank, lockbox and sales centers are accurately applied then posted in accordance with established SLA guidelines. The Cash Application and Route Settlement Supervisor will be accountable for adherence to strict monthly cash close deadlines.  They will monitor credit card activities, communicate NSF payments, maintain customer MICR information for auto cash application and ensure the accurate coding of all unapplied cash and short payments.

Essential Duties & Responsibilities

  • Supervise the cash application process to ensure the timely and accurate posting of all outstanding checks, ACH and credit card payments received.
  • Ensure all failed settlement shipments are processed properly each day and customer payments are retrieved and processed. 
  • Monitor all activities for route settlement to ensure proper all settlement tasks are completed. 
  • Provide leadership, coaching and development to all team members.
  • Complete daily, weekly, and monthly cash reconciliation reporting for AR Manager and Cash Accountant.
  • Monitor and communicate NSF activity through accurate reporting to key stakeholders.
  • Maintain compliance with GAAP and JSOX relative to cash application processes, adjustments, write offs and other cash activities.
  • Promptly identify, research, review, and code any unapplied cash to ensure resolution within established SLA guidelines.
  • Continually seek out and recommend process improvements then implement changes to improve overall efficiencies in cash applications.
  • Serve as subject matter expert and escalation point for all cash processes, applications, and customer inquiries.
  • Assists with preparation and review of information for internal and external audit requests.
  • Perform additional AR project work and responsibilities as requested by manager.

Job Requirements

  • Bachelor’s degree in Accounting, Finance, or related discipline preferred
  • 5+ years of related Cash Applications supervisory experience
  • Excellent written and verbal communication skills
  • Experience with SAP strongly preferred
  • Proficient in Microsoft Office applications including Outlook, Excel, Word and PowerPoint required
  • Excellent problem solving, analysis, organizational and time management skills
  • Ability to work in an office environment that could include extended periods of sitting or standing, while occasionally lifting or carrying materials and supplies

Benefits & Perks:

401K with Company Match, Health Insurance starting Day 1, Life Insurance, Paid Time Off, Employee Referral Bonuses, Fitness Reimbursements, Tuition Reimbursement, Employee Discounts, Scholarship Opportunities, and so much more!

*Benefits may vary by position, location, and union governance*

About Coke Northeast:

At Coca-Cola Beverages Northeast, we start with great people and great brands, in that order. We unite around a winning workplace culture that respects all people, promotes inclusion, and inspires achievement. From the leadership team to all 3,400 of our associates in our 29 locations, we strive every day to bring our mission, vision, and values to life in the Northeast.

Still interested in learning more about our company and culture? Take a few minutes to watch the videos below:

Day in the Life of Coca-Cola Employees:

Coke Northeast Employees on Career Growth:

BACKGROUND VERIFICATION:

Coke Northeast requires all applicants to undergo a criminal background verification process prior to commencing employment with the Company. Employment with Coke Northeast is contingent on the satisfactory completion of a pre-employment background check. Depending on position, drug screen results and/or driving records, including minor moving violations, will be evaluated according to Coke Northeast’s guidelines to determine eligibility for the position.

EQUAL OPPORTUNITY EMPLOYER STATEMENT:

Coke Northeast is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.


Nearest Major Market: Manchester
Nearest Secondary Market: Nashua