Cash Application Coordinator
Stryker
**Shift** : Monday – Friday, 8:00 AM – 4:00 PM
**Work Flexibility** : Hybrid
**Location:** 2 Medicorum Place, Waterdown, ON
**Summary:**
The Cash Application Coordinator is responsible for receiving and applying customer payments to the correct account to clear open accounts receivable (AR) and handle full Accounts Receivable lifecycle. In this role, you will also be responsible for investigating discrepancies to apply cash accurately and to continuously find opportunities for improvement and presenting those to management.
**What You Will Do:**
+ Record and apply incoming payments to correct customer accounts within a 24-hour benchmark.
+ Process credit card transactions and maintain accurate cash application records in compliance with SOX policies.
+ Investigate payment discrepancies and initiate correspondence for unapplied payments as needed.
+ Monitor and review unapplied cash reports weekly to ensure timely resolution and application.
+ Follow up on past due accounts, missed payment commitments, and short payments using MyDSO and other tools.
+ Log and track customer complaints, delinquent account communications, and all account-related activities.
+ Send customer invoices and statements proactively to support timely collections.
+ Coordinate with internal teams via SharePoint to facilitate new account setups and credit limit approvals.
**What You Need** :
_Required_ :
+ University Degree in business administration, accounting, or related discipline required
+ Minimum 2+ years cash application experience
_Internal applicants with an equivalent combination of education, experience and performance over time at Stryker will be considered._
Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually.
Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer – M/F/Veteran/Disability.
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