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Collection & Cash Application Coordinator

MLC
$48,267 - $59,259 a year
St. Louis, Missouri
1 day ago
Job Title: Collection & Cash Application Coordinator
Why consider a career at MLC?
MLC was recognized by Newsweek as one of America's Greatest Workplaces in 2024.
  • Highly collaborative work environment focused on growth and innovation
  • Safety and sustainability are top priorities
  • Excellent compensation, benefits, generous perks; focused on employee wellbeing
  • Great development and advancement opportunities
  • Bring your real self to work, come grow with us!

MLC operates the largest lime facility in the Americas and mines some of the purest limestone reserves in the world…and we are global! The company is committed to development and employee satisfaction. Join our outstanding team!

About the Job

This person will be responsible for cash applications of all MLC divisions, credit sales, shortages, deductions, and returns. The purpose of this role is to approve cash applications to maximize sales and initiate collection activity to minimize past due accounts.

  • Download receipts from Bank website and post all cash receipts by end of day for the prior day's receipts.
  • Run internal report processes and assist with maintenance of all credit files.
  • Reconcile all remaining unposted receipts, request proper documentation from internal departments and present to customer to secure payment.
  • Identifies collection irregularities including short payments and disputes.
  • Completes month-end closing procedures.
  • Closely monitors aged accounts and initiates steps to prevent late payments. Provide relevant documentation to customer to secure payment.
  • Regularly reviews status of collections to assure that receivables are in a sound condition.
  • Monitor Credit department email box and provide requested documentation; Provide requested documentation (invoices, statements, PODs, etc.) per customer requests.
  • Employees are expected to perform other responsibilities as needed.

Required Qualifications

  • Education: High School Diploma or equivalent required. Some relevant college level business courses in Accounting principle preferred.
  • Experience: 3-5 years of related experience in Accounts Receivable required.
  • Knowledge: Strong knowledge of Accounts Receivable and Credit Collections required. Additional knowledge of Commence Banking Websites a plus.
  • Skills: Account reconciliation, customer service, critical and analytical thinking, and basic computer skills required. MS Office skills, including proficiency in Microsoft Excel.
  • Abilities: Able to communicate to internal departments, manage department email box, and learn specific MLC software.
  • Behaviors: Candidate must be willing to work under minimal supervision at times and be a team player with a problem-solving mentality.

The Fine Print

Benefits and perquisites may vary based on the nature and location of each job.

Click here for MLC EEO information

About MLC

MLC, headquartered in St. Louis, Mo., is a leading global supplier of high-calcium lime products and technical solutions. These offerings bring essential performance and value to a broad range of market applications, including metals, construction, chemical synthesis, water and emissions treatment, glass, textiles, plastics, rubber, agriculture, foods and beverages. With over a century in business, MLC has built a reputation on the quality of its products and services, as well as an unwavering commitment to safety, sustainability and service. The company's expanding global footprint includes a diversified, reliable network of production and distribution facilities in the U.S., as well as in the UK through our Singleton Birch business. For more information, visit https://www.mlc.com/.

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