Accounts Payable/Accounts Receivable Admin

Company: Illinois Tool Works Inc.
Location: Glenview
Posted on: November 26, 2022

Job Description:

ITW Residential and Renovation, division of the Construction Products business segment, is a global provider of innovative fastening solutions that improve contractor productivity and building quality in the residential, commercial and renovation construction industries. Our products are positioned as market leaders and category leading brands include wood to wood fastening systems (Paslode), structural wood fasteners (GRK Fasteners---), concrete anchoring systems (Tapcon -, Red Head -, Ramset -), underlayment screws (Rock-On -, Backer-On -), self-drilling screws (Teks -) and drywall anchoring systems (E-Z Ancor -).ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures.ITW Residential and Renovation currently has an opening for an AP/AR Admin in its Glenview, IL facilityto support the Accounts Payable/Accounts Receivable team.Job Responsibilities:

• Process vendor invoices via a 3-way match process including verifying invoices are properly approved prior to entry and payment.
• Process and issue payments to vendors timely.Payment process may include checks, ACH, wire transfers, and inter-company netting.
• Reconcile accounts payable general leger balances and Received Not Invoice report
• Research and document the disputes of customers' shortage claims
• Assist in disputing and recovering customers' compliance fines, including but not limited to the preparation of compliance dispute packages
• Apply cash deposits to customers' accounts on daily basis
• Prepare and present credit memos for approval to facilitate crediting customers' accounts for returns, shortages, damages, etc.
• Conduct communication with customers as needed to facilitate processing credit card payments for repair billings
• Assist in preparing and delivering customers invoices on monthly basis

Keywords: Illinois Tool Works Inc., Glenview , Accounts Payable/Accounts Receivable Admin, Administration, Clerical , Glenview, Illinois