Job Description

POSITION SUMMARY

This position is responsible for all accounts receivable processing functions within the Company’s Oracle ERP system. This includes cash applications, accounting adjustments, accounts receivable reconciliations, and processing Electronic Funds Transfer (EFT) notices and uploading to bank. Other accountabilities are to ensure processing remains in compliance with Account Receivable policies and procedures, timely resolution of payments issues and assisting the Manager of Credit & Account Receivables. In addition, this role is responsible for analyzing, recommending, maintaining and monitoring credit limits and exposures, in order to help manage overall credit risk. This position will also serve as immediate backup to the Credit Analysts when necessary.

EDUCATION REQUIREMENTS
 
•    Bachelor's Degree in Accounting or Finance preferred.

EXPERIENCE REQUIREMENTS

•    This position will require a credit background check.
•    One to three years of relevant experience in Accounts Receivable / Cash Application is required.
•    Oil and gas industry experience preferred.
•    Oracle, Petroman, Credit Point, DTN Tabs experience a plus.
•    Demonstrated ability to maintain a high level of accuracy.
•    Demonstrated interpersonal skills.
•    Must be organized with a demonstrated ability to multitask in a fast paced environment.
•    Demonstrated ability to work well in a team environment.
•    Computer skills including Microsoft Office Excel and Word.
•    Ability to communicate effectively.
•    Fluent in English, oral and written required
•    Ability to adjust schedule to meet business needs.

MAJOR ACCOUNTABILITIES

•    Verifying scheduled receivables uploads into Oracle for ACH, Wire and Checks; manually run process if schedule job fails.
•    Review exceptions for receivables uploads and apply cash manually that was not auto-applied.
•    Work with various departments for when cash has been received but an invoice is not available.
•    Check application to customer’s accounts.
•    Electronic Funds Transfer notices and processing.
•    Notify Credit Analysts when overnight cash receipts have been applied for daily AR Aging review.
•    Assist with month-end reporting.
•    Validate Cash Receipts tie to Receipts Register daily.
•    Prepare and review accounting adjustments.
•    Assist Billing staff with resolving customer-billing issues.
•    Support Credit Department with the reconciliations of customers’ accounts.
•    Perform duties with SOX compliance at the forefront.
•    Correcting and resolving unapplied / misapplied cash in a timely manner.
•    Maintain customer analyses and related data in the credit assessment database (Credit Point Software) on assigned credit customers, and prepare reports and analysis from the database. Prepare additional supporting analysis to support credit review report recommendations. Enter data into Credit Point Software as needed.
•    Contact customers that are over their established credit limit via email or phone to discuss payment options.
•    Assist Billing Analyst and Credit Analyst with resolving customer-billing issues, which may delay payment.
•    Assure Sarbanes Oxley (SOX) compliance, and maintain Credit Policies.
•    Regularly communicate with supervisor work progress, concerns and questions.
•    Other special projects as assigned by Manager.

EXPECTED RESULTS
 
•    Effective, accurate, and courteous communication to customers and other team members.
•    Report timely on a daily basis all cash aging and cash receipts.
•    Accurate A/R processing.
•    Daily reconciliation and issue resolution.
•    Compliance with accounting and credit policies and procedures.
•    Maintain manageable risk levels for accounts receivable and contracts outstanding within assigned guidelines.
•    Assigned customers have appropriate credit limits in place and only allowed exposure.
•    Accounts Receivable accounts are current and accurate.
•    Services levels to other departments within the company are at or above expectations.
•    Adherence to all company policies and procedures.

Applicants must be eligible to work in the United States. The Company will not sponsor immigration or work visas.

CVR Energy is an EEO and affirmative action employer. We encourage qualified minority, female, veteran, and disabled candidates to apply.