Account Receivable Specialist (225-811)

An Accounts Receivable Specialist plays a crucial role in ensuring an organization maintains a healthy cash flow. The position involves overseeing the billing operations and processes of a company, managing incoming payments, and ensuring these are correctly processed and accurate. This job demands a keen eye for detail and the ability to process financial transactions quickly and efficiently. The role is vital for maintaining the financial integrity of the organization and ensuring that all accounts are accurately maintained. It often involves working closely with the finance team and liaising with clients to ensure payments flow smoothly into the company. The ideal candidate should possess strong interpersonal skills, the ability to work independently and as part of a team, and a good understanding of accounting principles and practices.

Responsibilities

• Process all incoming payments in compliance with financial policies and procedures.
• Accurately record and update financial transactions in the company’s accounting software.
• Compile and send out monthly billing statements to clients and customers.
• Identify inconsistencies and errors in billing processes and resolve them promptly.
• Work closely with the finance team to align accounts receivable procedures with accounting practices.
• Perform daily financial reconciliations and prepare relevant reports for management.
• Handle customer inquiries and disputes regarding billing and accounts with professionalism.
• Maintain accurate and up-to-date client account information within the system.
• Assist in the month-end closing process by providing essential support and information.
• Monitor accounts for non-payment, delayed payments, and other irregularities.
• Coordinate with other departments to investigate and resolve discrepancies effectively.
• Ensure compliance with organizational and regulatory requirements in all financial dealings.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field is preferred.
• Minimum of two years’ experience in an accounts receivable or finance role.
• Strong knowledge of financial and accounting software, such as QuickBooks or SAP.
• Excellent analytical and numerical skills for precise transactions and reconciliations.
• Outstanding communication skills for interacting with clients and internal teams.
• Ability to analyze financial data and generate actionable insights for decision-making.
• Familiarity with accounting principles and practices, including GAAP standards.