Accounts Receivable Specialist

Job Description

Job Description

At Royal Electric Company we provide expert electrical design, construction, and service with builders, contractors and facility owners who value relationships, trust, expertise, and a commitment to each other towards achieving exceptional results.

We are able to sustain this through our linking expertise , collaboration , integrity , passion , and loyalty . These values support our core purpose; to build great relationships, one project at a time!

We have a current opening for an Accounts Receivable Specialist. This position can sit out of our office in Sacramento, California OR Dallas, Texas.

Position Description:

Maintaining business processes and accounting policies to preserve and strengthen internal controls.

Essential Functions:

• Billing and Receivables
• Gather and file preliminary information
• Work with operations team members to get the SOV for the billing process
• Send billing package to client
• Ensure All billing matches have been tracked and completed
• Coordinate the subcontractor billings by gathering, reviewing for validity, and entered and balanced into accounting software each month on a timely basis
• Collections
• Working with the Accounts Receivable Clerk to ensure all lien releases are submitted in a timely manner to our customers
• Working with Payroll compliance to ensure that CPRs are submitted in a timely manner to our customers
• Review and resolve sub/vendor/CPR disputes timely
• Escalate any issues, especially when over 60 days late
• Cash Flow Analysis
• Monitor weekly incoming cash flow on a pre project basis
• Vendor/Subcontractor payment selection - ensuring timely payment, resulting in prompt collections of receivables.

Additional Duties:

• Preparing, posting, verifying, and recoding customer payments and transactions related to accounts receivable
• Creating invoices according to company practices; submitting invoices and compliance documents to customers
• Maintaining and updating customer files, including name or address changes mailing attentions
• Drafting correspondence for standard past-due accounts and collections
• Identifying delinquent accounts by reviewing files and contacting delinquent account holders to request payment
• Creating reports regarding the current status of customer accounts as requested
• Researching customer discrepancies and past-due amounts with the assistance of the Collections Manager and other staff
• Collaborating with the Accounting Manager to reconcile accounts receivable on a weekly basis

We offer competitive wages plus benefits and 401(k).

Royal is proud to be an equal opportunity workplace. Individuals seeking employment at Royal are considered without regards to age, ancestry, color, race, gender (including pregnancy, childbirth, or related medical conditions), gender identity or expression, sexual orientation, genetic information, marital status, medical condition, mental or physical disability, national origin, protected family care or medical leave status, religion, military or veteran status, or any other characteristic protected by federal, state, or local laws.

We utilize E-Verify to confirm work authorization with both the Social Security Administration and the Department of Homeland Security. E-Verify Link: -verify/employees

We promote a drug free workplace.

Requirements

Qualifications:

• Minimum 2-3 years of prior accounting experience
• Analytical problem solving
• Data Entry
• Excellent computer skills
• Excellent written and verbal communication skills
• Strong background with use of Microsoft Word, Excel, Projects and other associated software
• Knowledge of the construction industry is beneficial for this position
• Knowledge and understanding of basic accounting principles

Hourly Rate:

• $29-33 per hour

Benefits

• Health Care Plan (2 types of Medical plans, Discounted Dental & Orthodontist services for adults & children, Premium Vision Plan)
• Retirement Plan (Traditional 401k, Roth 401k).
• $50k Life Insurance (Basic, Voluntary, & AD&D)
• Paid Time Off (Vacation, Sick Leave, and 8 Paid Holidays)
• Family Leave FMLA (Maternity & Paternity)
• Short Term & Long-Term Disability
• Pet Insurance
• Flex Spending Accounts: Healthcare, Dependent care (Daycare children & elderly – work related), & Transit
• Pharmacy discounts
• Kisx Card (Surgery & Imaging Program)
• Opportunity for tuition reimbursement

Wellness Resources

• Free telehealth
• Health Joy App
• Free peer coach support - (mental health, stress management, substance use, and suicidal ideation)
• CancerCARE 1:1 Consulting and support with expert medical team
• Employee Assistance Support
• Hearing Aid discount plan
• Laser VisionCare discount plan

Learning & Development

• Safety training: Getting Everyone Home Safely
• Professional & Leadership Development Training
• Skill Development Training
• Mentorship Program
• On-The-Job & Classroom Training

Employee Referral Program: We value referrals from our employees! If you know someone who would be a great fit for this role, please refer them through our company’s referral program. Successful referrals can earn you an incentive!