Accounts Receivable Specialist
$55k - $60kBystronic
- Base Pay $55,000.00 - $60,000.00 / Year
- Job Category Accounting, Collections
- Employee Type Full Time Exempt
BASIC FUNCTION
This position is responsible for collections/cash applications and other miscellaneous accounting related responsibilities. Anticipated time allocation: 50% collections; 25% cash applications; 25% miscellaneous
SPECIFIC RESPONSIBILITIES
- Initiates timely collection calls to customers regarding payment of past due invoices as outlined within company guidelines
- Evaluates payment trends and past due issues on customer accounts by utilizing credit evaluation software and company aging reports.
- Monitors and analyzes customer payment patterns and deductions to identify and address payment irregularities
- Addresses and resolves customer concerns/disputes to secure payment within terms.
- Composes appropriate email and business correspondence to address collection issues.
- Reviews AR detail to identify and address credit limit breaches.
- Analyzes billing and payment histories to reconcile internal accounting issues, and takes appropriate steps to resolve.
- Researches credit balances on invoices and issues credit memos as necessary.
- Identifies and prepares invoice corrections, adjustments, and ad debit write offs as appropriate
- Works closely with department to identify and address high risk credit situations.
- Responsible for retrieving bank transactions and accurately posting to ERP.
- Serves as a liaison obtaining invoice and coordination of activities with financing company.
- Analyzes and maintains settlement reports by daily reconciling credit reports and files accordingly.
Requirements
QUALIFICATIONS
KNOWLEDGE: Equivalent Bachelor’s Degree or minimum of five to ten years comparable experience within collections function within sales, manufacturing environment or a combination of education and experience equivalent of the required knowledge, skills and abilities.
EXPERIENCE: Previous experience in a collections department
SAP highly desirable
Special Skills
- Proven detail orientation
- Highly disciplined individual; capable of working independent
- MS Office with strong Excel skills
- Self-motivated individual
Vacancy posted 5 days ago
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