Senior Accounts Receivable Specialist

Job Description Position: Senior Accounts Receivable Specialist Location: Loves Park, IL (Hybrid) Department: Finance / Accounting Reports To: Accounting Manager / Finance Manager Classification: Non-Exempt Shift: Full-Time, Monday–Friday Compensation: $32.00–$36.00 per hour Now Hiring: Senior Accounts Receivable Specialist (Loves Park, IL) FLAG's mission is to show our contractors & clients the best this industry can offer by upholding our principles of leadership, service, and exceptionalism. A confidential manufacturing company is seeking an experienced Senior Accounts Receivable Specialist to support its U.S. finance operations. This hybrid position plays a critical role in managing the Order-to-Cash (O2C) process, ensuring accurate billing, timely collections, and effective management of customer accounts while supporting cash flow optimization and operational excellence. 1. Job Summary The Senior Accounts Receivable Specialist is responsible for overseeing the complete accounts receivable cycle, including invoicing, collections, cash application, account reconciliation, and dispute resolution. This position partners closely with Sales, Customer Service, Supply Chain, and Finance to ensure customer accounts are accurately maintained and collections are completed efficiently. The ideal candidate has extensive SAP experience, a strong accounting background, and the ability to manage complex customer portfolios within a manufacturing environment. 2. Essential Duties & Responsibilities Accounts Receivable Management Manage the full Order-to-Cash (O2C) process, including billing, collections, cash application, dispute resolution, and account reconciliation. Generate accurate customer invoices in SAP in accordance with contractual terms and company policies. Monitor accounts receivable aging and proactively collect outstanding balances. Reconcile customer accounts and investigate billing discrepancies. Collections & Customer Support Communicate directly with customers to resolve payment issues and improve collection performance. Negotiate payment arrangements while maintaining positive customer relationships. Monitor collection effectiveness and reduce past-due balances. Maintain detailed payment histories and collection documentation. Financial Reporting & Analysis Analyze key performance indicators including Days Sales Outstanding (DSO), aging reports, overdue balances, and collection metrics. Prepare reports for management regarding account status and collection activities. Support month-end close by ensuring AR balances are accurate and complete. Assist with internal and external financial audits. Credit & Process Improvement Support credit reviews, credit limit monitoring, and customer risk assessments. Ensure compliance with GAAP, SOX, and internal financial controls. Recommend and implement process improvements to increase efficiency and optimize SAP functionality. Collaborate with cross-functional teams to improve overall Order-to-Cash performance. 3. Qualifications Required Bachelor's degree in Accounting, Finance, Business, or a related field. Minimum of 5–7 years of Accounts Receivable experience, including senior-level AR responsibilities. Minimum of 5 years of SAP experience, preferably SAP FI/AR modules. Strong understanding of the complete Order-to-Cash (O2C) process. Experience with account reconciliations, collections, cash application, and billing. Working knowledge of GAAP and SOX compliance. Advanced Microsoft Excel skills. Excellent analytical, organizational, and problem-solving abilities. Strong verbal and written communication skills. Preferred Manufacturing or industrial industry experience. Experience supporting OEM customers or complex customer portfolios. Experience with credit management and customer risk analysis. Continuous improvement and process optimization experience. Experience working in an international business environment. #J-18808-Ljbffr