Account Receivable Specialist 10F25

An Account Receivable Specialist plays a critical role in maintaining and enhancing the financial health of an organization. This position involves managing and driving the accounts receivable process, ensuring that all financial transactions are handled smoothly and efficiently. The specialist is responsible for overseeing invoicing, responding to client inquiries, resolving billing discrepancies, and maintaining accurate financial records. The ideal candidate for this role must exhibit excellent attention to detail, strong communication skills, and the ability to manage multiple tasks efficiently. The role typically involves working closely with accounting and finance teams, requiring a collaborative and proactive approach to problem-solving and process improvement. An understanding of industry-specific accounting practices and the ability to use accounting software are essential for success in this role.

Responsibilities

• Manage the accounts receivable process to ensure timely and accurate invoicing.
• Monitor customer accounts to identify overdue payments and resolve discrepancies.
• Prepare monthly financial reports to summarize the status of receivables.
• Collaborate with other departments to resolve billing and collection issues promptly.
• Maintain accurate records of all receivables transactions and client communications.
• Respond to client inquiries regarding their accounts and payment status.
• Develop and implement strategies to improve collections and reduce overdue accounts.
• Analyze customer creditworthiness and recommend credit limits as necessary.
• Reconcile accounts receivable ledger to ensure all payments are accounted for.
• Coordinate with external auditors during fiscal audits and provide necessary documentation.
• Assist in month-end closing procedures and ensure compliance with financial standards.
• Generate specific accounts receivable reports to support management decision-making.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field required.
• Minimum of two years’ experience in accounts receivable or related field.
• Proficiency in accounting software such as QuickBooks, SAP, or Oracle.
• Excellent verbal and written communication skills essential for this role.
• Strong analytical skills with a keen attention to financial detail required.
• Ability to manage multiple tasks and meet tight deadlines efficiently.
• Prior experience with financial reporting and analysis is highly desirable.