Job Information
Mallinckrodt Pharmaceuticals Accounts Receivable Cash Applications Specialist in United States
Job Title
Accounts Receivable Cash Applications Specialist
Requisition
JR000014224 Accounts Receivable Cash Applications Specialist (Open)
Location
Webster Groves, MO
Additional Locations
St. Louis, MO
Job Description Summary
Job Description
The Accounts Receivable Cash Applications Specialist is responsible for handling Mallinckrodt’s cash application processing. Key duties include daily posting of customer and intercompany payments, coding deductions, conducting research to identify remittance errors or omissions, and performing month-end close activities. The Accounts Receivable Cash Applications Specialist ensures the accurate and timely posting of all customer cash receipts through our banking system. Additional project work may be assigned as needed.
Essential Functions
Oversee the daily execution of the auto-matching program and process unmatched batches promptly.
Analyze and investigate customer remittance errors and omissions.
Collaborate with various departments (Credit/Rebates/Chargebacks, Accounting, etc.) to ensure accurate posting of payments and proper coding of deductions related to gross-to-net accounting.
Handle various methods of payment, including EDI, wires, and checks.
Manage transactions in multiple currencies (USD, EUR, GBP).
Provide audit support as needed.
Ensure compliance with applicable Mallinckrodt policies.
Identify and implement opportunities for continuous improvement to enhance cash flow, operational efficiency, and compliance
Minimum Requirements
High School Diploma
2+ years accounts receivable and cash application experience, preferably in the pharmaceuticals industry
Experience working with large distributors and wholesalers, significant remittance values and volumes, as well as complicated deductions processing is preferred
Detail-oriented and accurate with strong analytical skills, a continuous improvement mindset, and a drive to exceed expected results.
Ability to work independently in a fast-paced environment, demonstrating flexibility and adaptability.
Proficient in Microsoft Excel and Outlook
Preferred Skills/Qualifications:
Ability to understand the payment behaviors and identify trends of the company’s larger customers
Strong working knowledge of JDE World, or similar ERP systems
Organizational Relationship/Scope:
This position works with other Finance professionals and the other internal company employees.
Working Conditions:
This position works within a typical office environment. Hybrid working model in the office 2 days per week and could change based upon business needs.
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At Mallinckrodt, we know that we contribute to something that matters because we make quality products that impact patient lives. Our dynamic work environment provides unique experiences for employees to grow and develop.
Invest in your own career with Mallinckrodt and let’s do something dynamic together.
Mallinckrodt provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religions practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; disability; or any other category protected by law.
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