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Cash Application Coordinator

3 months ago

Waterdown, Ontario, Canada Stryker Full time

Why finance at Stryker?:

***: Are you looking for a profitable and growing company with a great culture and reputation? Stryker was recently named one of the Best Workplace in the WORLD by Fortune Here, you will have many opportunities to learn and grow as we offer development opportunities unique for each employees needs including training, certifications, mentorship, leadership programs, tuition reimbursement, one-on-one coaching and more

Who we want:

-
Analytical problem solvers. People who can analyze a problem, identify the root cause, and provide and implement effective solutions.
-
Collaborative partners. People who build and leverage cross-functional relationships to bring together ideas, information, use cases, and industry analyses to develop best practices.
-
Dedicated achievers. People who thrive in a fast-paced environment and will stop at nothing to ensure a project is complete and meets regulations and expectations.

What you will do:

You will:

  • Prepare and process all credit card customers.
  • Investigate any discrepancies noted on a timely basis. Responsible for initiating unapplied payment correspondence to customers as needed
  • Review unapplied cash reports on a weekly basis at minimum to ensure all payments are applied against the appropriate balances.
  • Perform balance writeoffs for customers who earn early payment discounts
  • Review documentation submitted to the lockbox to ensure correspondence from customers is addressed appropriately.
  • Identify areas of concern and escalate appropriately.
  • Assist with sending outstanding invoices or account statements to customers to address delinquent accounts.
  • Collaborate with the Financial Reporting team to ensure noncustomer payments are applied appropriately.
  • Collaborate with Accounts Receivable team members on adhoc projects
  • Collection calls as required.
  • Monitor and maintain Customer Master for SOX requirements.

Conduct & Compliance

  • Abide by and support the policies set forth in the Stryker Code of Conduct
  • Understand that compliance with the Code of Conduct, as it may be amended by Stryker Corporation from time to time, is a condition of continued employment with Stryker
  • Conduct work in compliance with all laws, rules, and regulations and in accordance with Stryker's high ethical standards
  • Report any violations of these policies and procedures to Stryker management or in the manner outlined in Stryker's Ethics Hotline Policy

What you need:

  • Post-Secondary Education required
  • Internal applicants with an equivalent combination of education, experience, and performance over time at Stryker will be considered.
  • Strong Microsoft computer skills (designing, building, and maintaining files)
  • Prior Oracle experience preferred

About Stryker:


Stryker is one of the world's leading medical technology companies and, together with our customers, is driven to make healthcare better.


The company offers innovative products and services in Medical and Surgical, Neurotechnology, Orthopedics, and Spine that help improve patient and healthcare outcomes.

Alongside its customers around the world, Stryker impacts more than 100 million patients annually.