Accounts Receivable Lead
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 75000 - 85000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The Accounts Receivable Lead oversees daily operations reconciles customer accounts and supports the Accounts Receivable Manager.
Essential Functions:
- Oversee daily AR processes: billing cash applications collections and short pay resolution.
- Assigns work schedules and coverage reviewing work of AR analysts for accuracy and conformance to company policies and procedures.
- Daily credit review of orders on credit hold. Monitor evaluate and release or hold orders. Assist Manager with credit extension support.
- Provide weekly status updated on collection efforts and issues.
- Prepare in-depth customer account reconciliations and statements of account.
- Address and resolve customer inquiries and provide a high level of customer service.
- Review and resolve aged short payments/deductions.
- Review accounts on third party PO/payment processor portals (Ariba Direct Commerce etc.).
- Maintain aging report and assist with month end close activities.
- Provide training coaching and mentoring to junior staff.
- Identify and recommend areas for improvement.
- Assist Manager with projects as required filling in for Manager in his/her absence.
- Back-up for all positions: billing cash posting collection short payment/deduction resolution.
- Perform other duties as assigned.
Qualifications:
- Minimum 5 years in AR. Experience in Billing is a plus
- Excellent organization and multi-tasking skills
- Excellent written and verbal communication
- Strong computer skills with proficiency in Microsoft Excel
- Strong analytical and problem-solving skills with attention to detail
Benefits:
- Medical Insurance
- Prescription Drug Plan
- Dental/Vision Insurance
- Employee Incentive Plan
- Flexible Spending Account
- Cash Accumulation Plan-401K
- Life/AD&D Insurance
- Short- Term/Long-Term Disability
- Vacation Plan
- Paid Holidays
- Employee Assistance Program
- Adoption Assistance Program
- Tuition Reimbursement
- Maternity/Paternity Leave
- Pet Insurance
Salary: $75000-$85000
Key Skills
- Journal Entry
- Customer Service
- Collection effort
- A/R Management
- Past due Account
- General Ledger Accounting
- Accounting
- Excel
- Payroll
- Financial statement
- Collection procedures
- Customer Account
- Delinquents Account
- Direct Reports
- Timely collections
About Company
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