Job Description

It All Starts with Our People

As the leader in automotive preventive maintenance, Valvoline has a proven track record of growth. We continue to invest in our people, processes, and technology to strengthen our ability to efficiently deliver Quick, Easy, Trusted service across all our stores – every day. We're not just in the car business; we're in the people business. And we're looking for humble, hungry, and smart people to help us shape the future of mobility. If you're hungry to drive change and seek a dynamic, collaborative environment that fuels both personal and professional growth, you've found your place with us.

Our highest priority is creating a diverse and welcoming workplace with team members from varied backgrounds and experiences. People of color, women, LGBTQIA+, veterans, and persons with disabilities are strongly encouraged to apply.

The Opportunity

Valvoline has a rewarding opportunity as a Cash Application Specialist. In this role, you will be an integral part of the Valvoline Retail Services cash operations with duties including daily cash application, post-high-volume lockbox payments (ACH and check) using various financial institution portals, and research on customer remittance information. The role will post related accounting entries and follow up on unresolved outstanding open items. You will assist and communicate discrepancies with various departments to resolve post items timely to customer accounts

How You'll Make a Difference

  • Daily Cash Application – Support North America's cash application process. This includes monitoring customer payments and ensuring that cash is adequately posted to customer accounts and applied in a timely manner. This includes a high volume of lockbox payments (ACH and check) using various financial institution portals and SAP S4 remittance information research. Process SAP document reset requests received from various groups. Understand SAP scanning/linking process for cash receipts and SAP workflow for cash processing. Monitor unapplied accounts and ensure appropriate follow-up work is being completed.
  • Follow-up on business inquiries on vendor payments and customer receipts.
  • Cash Management Accounting - Process journal entries related to bank activity in support of the North American Cash Management work. Review open item listing daily and research items for resolution and clearing.
  • Department Mail -Retrieve mail from the mailroom, log checks received and mail out to appropriate lockboxes, and distribute Treasury mail to other department members.
  • Ad Hoc – Provide a supplemental resource for other Treasury activity.
  • Other duties and responsibilities as determined by Valvoline from time to time in its sole discretion.

What You'll Need to Succeed

  • Bachelor's degree is required, preferably with a major in accounting, finance, or economics
  • A minimum of one year of relevant job-related experience in corporate finance, banking, and treasury operations is preferred
  • Intermediate PC skills to include knowledge of Microsoft Office products, especially Microsoft Excel
  • High level of communication skills, both verbal and written
  • Organized with the ability to perform multiple tasks
  • Self-starter with the ability to learn quickly
  • Must be authorized to work in the U.S.

We Take Care of the WHOLE You

  • Health insurance plans (medical, dental, vision)
  • HSA and flexible spending accounts
  • 401(k)
  • Incentive opportunity*
  • Life insurance
  • Short and long-term disability insurance
  • Paid vacation and holidays*
  • Employee Assistance Program
  • Valvoline Instant Oil Change discounts
  • Tuition reimbursement*
  • Adoption assistance*

*Terms and conditions apply, and benefits may differ depending on position.

Your Path to Valvoline

Valvoline provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Join us in revolutionizing the automotive aftermarket industry while enjoying competitive benefits, a supportive work culture, and opportunities for advancement. Apply now and become an integral part of our journey at Valvoline.

The Company endeavors to make its recruitment process accessible to any and all users. Reasonable accommodations will be provided upon request to applicants with disabilities to facilitate equal opportunity throughout the recruitment and selection process. Please contact Human Resources at 1.833.VVV.Report or email ECC@valvoline.comto make a request for reasonable accommodation during any aspect of the recruitment and selection process. The contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.


Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

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