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Emerson

Associate Accounts Receivable

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    • Review received payments (bank statements) daily.

    • Match received payments to open receivables utilizing available payment details in the bank statements and also referencing remittance advice from customers.

    • Ensure accurate and timely allocation of payments against invoices. This includes all payment types - wire, credit card, ACH, etc.

    • As applicable, run automated cash posting and demo memo creation. Review and fix errors related to uploading.

    • Assist in month-end close activities for proper balancing.

    • Reach out to the collections team to gather details on unidentified payments.

    • Make the necessary follow-ups and find alternate contacts to clear unidentified payments.

    • Process approved offsets and write-offs.

    • Adjust approved short payments and debit memos to correct GL accounts.

Monitor advance payments and coordinate with the business units to ensure that invoices are raised immediately