drjobs Accounts Receivable Specialist

Accounts Receivable Specialist

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Job Location drjobs

Decatur - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Description: A/R Generalist at a Wholesale Distributor
JOB TITLE: A/R Generalist
DEPARTMENT: Finance/Accounts Receivable
REPORTS TO: A/R Manager/Finance Manager
Location: Onsite (Decatur TX)
Position Type: Full-Time
EFFECTIVE DATE: 02/25/2024
Summary:
The A/R Generalist is responsible for managing various aspects of the accounts receivable process including invoicing collections payment processing and customer account reconciliation. This role requires a versatile and detail-oriented individual capable of handling a broad range of A/R functions to support the financial health of the wholesale distributor.
Key Responsibilities:
  • Invoicing and Billing:
    • Generate and distribute customer invoices accurately and in a timely manner.
    • Ensure that all invoices reflect correct pricing quantities and terms according to customer agreements.
    • Maintain and update customer billing information as needed.
  • Collections:
    • Monitor accounts receivable aging reports and follow up on overdue accounts.
    • Implement effective collection strategies to ensure timely payments from customers.
    • Negotiate payment plans or settlements with customers when necessary.
    • Collaborate with the sales and customer service teams to resolve billing disputes.
  • Cash Application:
    • Accurately apply customer payments to the correct accounts and invoices.
    • Process various forms of payments including checks ACH wire transfers and credit card payments.
    • Reconcile cash receipts with bank deposits and resolve any discrepancies.
  • Customer Account Management:
    • Maintain accurate and up-to-date customer account records including tracking of payment histories and credit limits.
    • Investigate and resolve any issues related to customer accounts such as short payments credits or unapplied cash.
    • Provide excellent customer service by addressing inquiries related to invoices payments and account status.
  • Reporting and Analysis:
    • Prepare and present regular reports on accounts receivable status aging and collections activities.
    • Analyze trends in customer payments and account activity to identify potential risks or opportunities.
    • Assist in the preparation of month-end and year-end financial reports.
  • Process Improvement:
    • Identify and recommend improvements to accounts receivable processes to enhance efficiency and accuracy.
    • Stay updated on industry best practices and relevant regulations.
    • Identify automation options using current and/or new technology applications.
QUALIFICATIONS:
  • Education:
    • High school diploma or equivalent; Associates or bachelors degree in finance Accounting or a related field preferred.
  • Experience:
    • 2-5 years proven experience in accounts receivable billing or a related finance role preferably in a wholesale distribution environment.
    • Netsuite experience is a plus. Strong Excel and analytical reports skills required.
  • Skills:
    • Strong understanding of the accounts receivable process including invoicing collections and cash application.
    • Excellent communication and negotiation skills.
    • Proficient in Microsoft Office Suite particularly Excel.
    • Strong analytical and problem-solving abilities.
    • Ability to manage multiple tasks and prioritize effectively.
COMPETENCIES:


Required Experience:

Unclear Seniority

Employment Type

Full Time

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