Job Title

Accounts Receivable Cash Applications Specialist

Requisition

JR000014224 Accounts Receivable Cash Applications Specialist (Open)

Location

Webster Groves (Pharma) - USA038

Additional Locations

St. Louis, MO

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.

#LI-LM1

Mallinckrodt is a global specialty p harmaceutical business that develops, manufactures, markets and distributes specialty pharmaceutical products. Areas of focus include therapeutic drugs for autoimmune and rare disease specialty areas like neurology, rheumatology, nephrology, ophthalmology and pulmonology; immunotherapy and neonatal respiratory critical care therapies; and analgesics and central nervous system drugs. The company's core strengths include the acquisition and management of highly regulated raw materials; deep regulatory expertise; and specialized chemistry, formulation and manufacturing capabilities. The company's Specialty Brands segment includes branded medicines; its Specialty Generics segment includes specialty generic drugs, active pharmaceutical ingredients and external manufacturing.

To learn more about Mallinckrodt, visit www.mallinckrodt.com.

Mallinckrodt Pharmaceuticals (“the Company”) maintains a continuing policy of non-discrimination in employment. The Company is an equal opportunity employer and complies with all applicable laws prohibiting discrimination based upon age, ancestry, color, religious creed (including religious dress and grooming practices), disability (mental and physical), marital status, medical condition, genetic information, military and veteran status, national origin (including language use restrictions), political activities or affiliation, race, sex (including pregnancy, child birth, breastfeeding and medical conditions related to pregnancy, child birth or breastfeeding), gender, gender identity and gender expression, sexual orientation, as well as any other category protected by law. Furthermore, it is our policy to provide equal opportunity to individuals with disabilities and protected veterans in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations on every location in which the company has facilities. This policy of non-discrimination shall include, but not be limited to, the following employment decisions and practices: recruiting, hiring; promotions; demotions or transfers; layoffs; recalls; terminations; rates of pay or other forms of compensation; selection for training, including apprenticeship; and recruitment or recruitment advertising.

Mallinckrodt Pharmaceuticals is required to report certain payments or transfers of value (such as expense reimbursement, meals, transportation) made to U.S.-licensed healthcare professionals in compliance with the federal Physician Payment Sunshine Act (i.e. Open Payments) and certain state laws.