Accounts Receivable Specialist

Job Description

Job Description

We are looking for an Accounts Receivable Specialist to support financial operations for a Long-term Contract position based in Chicago, Illinois. This role is centered on maintaining accurate receivables, driving timely payment collection, and ensuring billing and cash activity are processed efficiently. The ideal candidate brings hands-on experience in accounts receivable environments, with strong attention to detail and the ability to manage aging balances in a fast-paced setting.

Responsibilities:
• Oversee commercial collections activities and follow up on outstanding customer balances to improve payment timeliness.
• Prepare and issue customer invoices accurately, ensuring billing records remain current and complete.
• Review aging reports regularly, identify overdue accounts, and take appropriate action to resolve open items.
• Apply incoming payments to the correct customer accounts and reconcile cash application discrepancies as needed.
• Monitor daily cash activity and maintain precise documentation to support account accuracy.
• Partner with internal teams to investigate billing questions, payment issues, and account variances.
• Maintain organized receivables records and support consistent reporting on account status and collection progress.• Prior experience in accounts receivable, including billing, collections, and cash application responsibilities.
• Demonstrated ability to manage aging reports and pursue resolution of past-due commercial accounts.
• Working knowledge of cash activity tracking and account reconciliation practices.
• Experience using ERP or accounting software to process receivables transactions and maintain records.
• Strong organizational skills with a high level of accuracy and attention to detail.
• Ability to communicate professionally with customers and internal stakeholders regarding payment matters.
• Industry experience in a related sector is highly valued.