Dover Business Services (DBS) is looking for talented AR Analysts to join our new shared service center in Cebu, Philippines. Working within an emerging shared services organization, the AR Analyst for Cash Application is responsible for delivering timely and quality service to internal stakeholders and Dover customers, as measured by service level agreements and key performance indicators. The position requires the ability to research in-depth business process and customer issues with the objective of reaching resolutions that meet or exceed objectives with a positive financial impact to the company without negatively impacting customers.
This is an exciting opportunity to gain exposure to a diverse portfolio of businesses across the manufacturing industry, and gain cross-functional experience in an entrepreneurial, team oriented-environment.
Essential Responsibilities • Apply cash to customer accounts based on customer remittance advice in an accurate and timely manner; redirecting incorrect payments as appropriate
• Processing and monitoring customer credit exposure (including coordination with Operating Company to appropriately manage customer relationships), monitoring for overdue accounts, potential collection problems, maintenance and release of credit holds
• Monitor and track status of ServiceNow tickets assigned to the team
• Recommend customer maintenance changes as identified during the cash application process
• Perform payment issue investigation including leading issue resolution working with Sales, Customer Service, Operations and Shipping groups
• Perform bank reconciliations and balance funds on a weekly and monthly basis
• Maintain productivity and meet service level agreements in a complex environment, including working with and referencing data in legacy accounting systems
• Complete internal transfer transactions
• Assist with other projects or duties as assigned, including continuous improvement efforts
Education and Experience • Bachelor's degree in Accounting, Business Management or related field.
• At least 1 year of experience in cash application, bank reconciliations or other Accounts Receivable related field
• Proficient computer skills including excellent Microsoft Excel experience (SharePoint a plus)
• Previous experience in Oracle system
Preferred Qualifications • Excellent interpersonal and communication skills
• Ability to work in a fast paced, high volume environment while remaining organized with strict attention to detail
• Ability to meet deadlines and produce accurate results
• High level of customer focus and ability to maintain a positive attitude at all times
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to prioritize and multi-task in a fast-paced environment
• Self-directed, positive and ethical role model able to work with minimal supervision
• Ability to maintain a professional demeanor at all times with customer and coworkers; fully observe Dover's Code of Ethical Conduct, Employee Handbook "Personal Conduct of Employees" policies and ISO Quality System Standards
Dover Business Services (DBS) is an independent business to business service provider within Dover Corporation, a diversified global manufacturer with annual revenues of $7.5 billion. DBS is accountable for delivering selected transactional services in Accounting and Finance to the entire organization. With locations in Cebu, Philippines; Suzhou China; and Bucharest, Romania, DBS centers operate across the globe to maximize service to our operating companies (OpCos).
Dover Corporation deliver's innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for nearly 60 years, our team of over 27,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV.
