Job description

About Schumacher
F. Schumacher & Co. is an innovative interior design company that is disrupting the $150 billion-dollar global interior design industry. We are a technological leader on the design frontier, constantly pushing boundaries and striving for excellence. With over 500+ employees and growing, we are driven by a shared belief that design transforms life. We are dedicated to the mission of helping our customers “celebrate the feeling of home”. Schumacher designs and produces some of the most beautiful fabrics, wall coverings, trims, furniture, and accessories in the world. Our portfolio of products is broad, but they are united by a passion for design, a thirst for what is next, an appreciation for what’s come before, a drive to make our products with enormous care and attention for detail. Schumacher is a globally recognized company with a myriad of showrooms both domestically and internationally.

Our competitive advantage in the industry is people. We believe that our employees are our most valuable asset. F. Schumacher & Co is deeply anchored in our company core values which are as follows:

• Preserve The Entrepreneurial Spirit

• Take Ownership & Accountability

• Be Solutions-Oriented

• Demonstrate Courage

• Practice Adaptability

• Embrace Collaboration

We empower our employees to live these values daily because we understand how it will positively impact the customer journey. F. Schumacher & Co., also known as FSCO, is the parent company of many brands within our portfolio. This role is part of Schumacher North America, which is the largest division of the company.

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Cash Application Specialist Will:*

• This is a HYBRID Role (3 Days Week in NYC HQ & 2 Days Week Remote).
• Be a member of the Cash Control team, reporting to the Treasury Supervisor
• Download payments from online bank portals (M&T Bank, Signature Bank, and JP Morgan)
• Apply payments to invoices in the company’s ERP system, Great Plains, on a daily basis
• Process credit card payments for customers paying in Canadian dollars
• Track payments that are unable to be applied and collaborate with the Sales and A/R teams to apply those payments
• Monitor a central inbox for inquiries from other departments regarding payment application status
• Respond to inquiries in the central inbox in a professional and timely manner
• Investigate inquiries on payment application status and contact the banks for additional information when necessary
• Review aged unapplied cash and determine solutions to apply those payments
• Collaborate with the Treasury and Accounting teams to resolve reconciling items between payments received in the bank and payments applied on a monthly basis
• Assist with additional projects as needed

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Cash Application Specialist Job Requirements:*

• 1-3 years of experience in an Accounts Receivable or Treasury role with a focus on payment applications
• Bachelor’s degree in Finance or Accounting preferred
• Proficient with Microsoft Outlook and Microsoft Excel
• Prior experience with Great Plains or similar ERP systems preferred
• Ability to problem-solve
• Organized and detail-oriented

Benefits Package

Your wellbeing is our top priority. Our benefits and total compensation are designed for the whole person, caring for both you and your family.
Wealth Benefits:

• Competitive Salary
• Corporate Annual Profit Sharing
• 401K Plan

Health Benefits:

• Dental Coverage
• Medical Coverage
• Prescription Drug Plan
• Vision Coverage
• Health Savings Account (HSA)
• TELADOC

Other Benefits:

• 25 Days Paid Time Off (PTO)
• 10 Company Holidays
• Bereavement Leave
• Life Insurance
• Flexible Spending Accounts (FSA)
• AFLAC Plans (Accident and Critical Illness Plans)
• Pet Insurance
• Short-Term Disability (STD)
• Long Term Disability (LTD)
• Parental Medical Leave
• Child Bonding Leave
• Employee Discount

F. Schumacher & Co. is an Equal Opportunity Employer committed to diversity, inclusion, and equality in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law.

Job Type: Full-time

Pay: $45,000.00 - $50,000.00 per year

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