Accounts Receivable Specialist
Illinois Tool Works
Richton Park, IL · Posted October 14, 2026
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Pay compared with the market
This listing does not state pay. Across 83 open accounts receivable specialist listings that state pay, the middle half runs $52,000 to $63,000 and the median is $57,000.
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Among bill and account collectors, AI is already used for some of the tasks. Measured exposure for bill and account collectors: 30% (some).
Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.
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About the job
Job Description:
Position Summary
SCNA manufactures engineered components for automotive and other OEM customers. The AR Specialist owns the order-to-cash back end for assigned customers: accurate billing, timely cash application, proactive collections, and clean reporting. The role works closely with Customer Service, Logistics, Sales, and Plant Finance to keep receivables current and resolve disputes quickly, and helps ensure every transaction supports a clear, auditable close.
Key Responsibilities
Billing and Invoicing
Review and release customer invoices, ensuring pricing, terms, and shipping documentation are correct
Support customer-specific billing requirements, including OEM portals, EDI, and price adjustments or retroactive billings
Coordinate with Sales and Pricing on contract changes, index-based adjustments, and credit/debit memos
Cash Application and Collections
Apply customer payments daily and resolve unapplied cash and short-pays
Monitor aging and run a disciplined collections cadence, escalating past-dues as needed
Maintain customer credit files and flag credit risk to the Accounting Manager
Disputes and Deductions
Investigate, document, and resolve pricing, quantity, quality, and freight deductions
Escalate unresolved or high-value disputes to the Accounting Manager with documentation and a recommended resolution
Partner with plants and Customer Service to root-cause recurring issues and drive corrective action
Month-End Close and Reporting
Prepare AR subledger-to-general-ledger reconciliations and support a timely month-end close
Prepare AR aging, DSO, and past-due reporting for Accounting Manager review
Propose reserve (allowance for doubtful accounts) recommendations for management approval
Support intercompany AR activity where applicable
Assist with audit requests, internal control (ICQ) testing, and supporting documentation
Process Improvement
Identify opportunities to automate billing, cash application, and collections workflows
Contribute to standard work and documentation using ITW's 80/20 mindset: focus effort on the customers and issues that drive most of the value or risk
Qualifications
Required
Bachelor's degree in Accounting, Finance, or equivalent experience
2–4 years of AR, billing, or collections experience, preferably in a manufacturing environment
Working knowledge of ERP systems (e.g., SAP, Oracle, or similar) and advanced Excel (pivot tables, lookups)
Strong attention to detail
Clear written and verbal communication with customers and internal stakeholders
Preferred
Experience with automotive OEM customers, customer portals, and deduction management
Familiarity with Power BI or other reporting tools
Core Competencies
Ownership and urgency on collections and open items
Analytical, problem-solving mindset
Collaboration across Finance, Operations, and Commercial teams
Integrity and strong internal-controls discipline
Compensation Information:
$23 - $25
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.