Accounts Receivable College Co-op

Job Description

Accounts Receivable College Co-op | Dauch

The Tone:
This is a year-round college co-op position with Dauch, located at their World Headquarters in Detroit, MI. Dauch is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles. Co-op roles at Dauch are designed to immerse students in their work and the industry, enabling them to gain experience and build connections daily. This role is integral to the Accounts Receivable department, ensuring accurate financial processing and contributing to the company’s operations.

The TL;DR
• Role: Internship
• Type: Part-time, Year-round
• Location: In-person Detroit, MI

• Mission: Ensure accurate and timely processing of electronic and manual remittance transactions while supporting various functions within the Accounts Receivable department.
• Tech Stack: Excel

What You’ll Actually Do
• Transaction Processing: Process electronic and manual remittance transactions.
• Payment Posting: Download, review, reconcile, and post all lockbox and electronic payments on a current and daily basis.
• Cash Reconciliation: Daily balance cash receipts and weekly balance to Cash Management reconciliation to the bank accounts.
• Payment Research: Research unidentified payments for proper posting and prepare documentation for intercompany wire transfers.
• Department Support: Assist with various tasks within the Accounts Receivable department, including intercompany invoicing and Sarbanes Oxley Section 404 testing documentation.

The Must-Haves
• Background: Currently pursuing a Bachelor’s or Master’s degree in Accounting, Finance, Business, or a related field with a graduation date of December 2027 or later.
• Experience: Minimum 3.0 GPA; available to work 30-35 hours each week, year-round.
• Skills: Strong communication and analytical skills.
• Bonus: Excel experience.