Accounts Receivable Co-op

Job Description

AM/SCC-Sales Controlling and Coordination Intern | Bosch USA

The Tone:
This is an internship at Bosch USA, located in Farmington Hills, MI. Bosch USA is one of the largest North American automotive suppliers, dedicated to developing, manufacturing, and supplying precision components and systems—including body electronics, chassis, and powertrain products—for vehicle manufacturers worldwide. This role is crucial for maintaining financial health and operational efficiency by closely monitoring accounts receivable, resolving customer disputes, and ensuring timely payments within the complex automotive billing cycle. Joining Bosch means contributing to innovations in automotive technology and being part of a team that values evolution, discovery, and work-life balance.

The TL;DR
• Role: Internship
• Location: In-person Farmington Hills, MI
• Mission: Monitor accounts receivable, resolve customer claims and disputes, and ensure efficient sales controlling and coordination processes within the automotive sector.
• Tech Stack: excel

What You’ll Actually Do
• Accounts Receivable Monitoring: Monitor daily and weekly aging reports to identify overdue invoices and closely track high-volume Tier customer accounts.
• Financial Discrepancy Tracking: Monitor unapplied cash, short-pays, and deductions common within automotive billing practices.
• Customer Communication: Make outbound collection calls and send emails to Tier customers regarding upcoming or past due invoices, documenting all communication in a tracking tool.
• Internal Escalation and Collaboration: Escalate internally when customers delay payments due to quality, delivery, or pricing disputes, and collaborate with Sales, Logistics, and Quality teams to resolve these issues.
• Claims and Dispute Handling: Request and process debit memos, chargebacks, and short-pays related to warranty returns, logistics claims, pricing discrepancies, and ASN or EDI issues, including requesting Proof of Delivery from Plants.

The Must-Haves
• Background: Currently pursuing a Bachelor’s degree in business, accounting, finance, or marketing from an accredited university, with at least one completed class in the degree program.
• Experience: Minimum 18 years of age, with a minimum 3.0 GPA, and proficiency in Excel.
• Skills: Ability to organize large volumes of data into concise, accurate summaries, along with the ability to work independently while demonstrating excellent communication and interpersonal skills.