Accounts Receivable Intern

Job Description

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

The Tone:
This is an internship at Bosch USA. At Bosch, they invent high-quality technologies and services that spark enthusiasm and enrich people’s lives, functioning as one of the largest North American automotive suppliers producing precision components and systems for vehicle manufacturers worldwide. This role is crucial for maintaining the company’s financial health by ensuring timely payments and resolving billing disputes, which supports continued innovation in automotive technology.

The TL;DR
• Role: Internship
• Mission: This role monitors accounts receivable, manages customer communication for payments, and resolves billing disputes to ensure financial health and operational efficiency.
• Tech Stack: excel

What You’ll Actually Do
• Monitor Accounts Receivable: Review aging reports daily/weekly to identify overdue invoices and track high-volume customer accounts closely, monitoring unapplied cash, short-pays, and deductions common in automotive billing.
• Facilitate Customer Communication: Engage with Tier customers via calls and emails regarding upcoming or past due invoices, meticulously documenting all interactions in the appropriate tracking tool.
• Resolve Payment Disputes: Internally escalate payment delays caused by quality, delivery, or pricing issues, collaborating with Sales, Logistics, and Quality teams to achieve resolution.
• Process Financial Claims: Request debit memos, chargebacks, and short-pays related to warranty returns, logistics claims, pricing discrepancies, or ASN/EDI issues, including obtaining Proof of Delivery from plants.

The Must-Haves
• Background: Entry-Level. Must be currently enrolled in an accredited university pursuing a Bachelor’s degree in business, accounting, finance, or marketing with at least one class completed, and be a minimum of 18 years of age.
• Experience: No specific prior work experience is required beyond current university enrollment and completion of at least one relevant course.
• Skills: Ability to organize large volumes of data into concise, accurate summaries, proficiency in Excel, and demonstrated excellent communication and interpersonal skills while working independently.