Accounts Receivable Specialist

Accounts Receivable Specialist

Richmond, Virginia

Overview:

Empower Brands is looking for an experienced Accounts Receivable Specialist to join our team! As an Accounts Receivable Specialist, you will be responsible for providing financial, administrative and clerical services and ensuring accuracy and efficiency of operations. You will process and monitor incoming payments and secure revenue by verifying and posting receipts.

Duties/Responsibilities:

• Prepares, posts, verifies, and records customer/franchisee payments and transactions related to accounts receivable.
• Creates invoices according to company practices; submits invoices to customers/franchisees.
• Maintains and updates customer files, including name or address changes, mergers, or mailing attentions.
• Reconciles bank account activity for accurate application of customer payments.
• Drafts correspondence for standard past-due accounts and collections, identifies delinquent accounts by reviewing files, and contacts delinquent accountholders to request payment.
• Creates reports regarding the current status of customer accounts as requested.
• Researches customer discrepancies and past-due amounts with the assistance of the Accounting team and other staff.
• Reconcile accounts receivable ledger on a periodic (at least bimonthly) basis.
• Assists in generating monthly billing statements based on the general ledger.
• Assists Accounting team in reconciling revenue accounts each month.
• Copies, files, and retrieves materials for accounts receivable as needed.
• Relays changes of information to appropriate employees.
• Performs other related duties as assigned.

Required Skills/Abilities:

• Excellent verbal and written communication skills.
• Proficient in the Microsoft Office Suite, including advanced skills with Microsoft Excel.
• Experience with accounting software programs.
• Ability to operate related office equipment, such as computers, 10-key calculator, and copier.
• Ability to work independently and in a fast-paced environment.
• Ability to anticipate work needs and interact professionally with customers.
• Excellent organizational skills and attention to detail.

Education and Experience:

• High school diploma or equivalent required; Associate's or Bachelor's degree in Accounting preferred.
• At least two years of account receivables experience required.

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.

Empower Brands was founded in 2022 as a product of the integration of Lynx Franchising and Outdoor Living Brands. Empower encompasses ten industry-leading brands across commercial and residential services: JAN-PRO, FRSTeam, Archadeck Outdoor Living, Outdoor Lighting Perspectives (OLP), Conserva Irrigation, Koala Insulation, Wallaby Windows, Superior Fence and Rail, Bumble Roofing and Canopy Lawn Care. Empower is dedicated to providing its customers with the highest quality products and services in the commercial and home services industry while simultaneously delivering its franchise owners committed personal support, tools and empowerment to pursue their own success. Empower Brands is a portfolio company of MidOcean Partners, a leading private equity firm with an excellent track record investing in successful, growth-focused franchise businesses.