Account Receivable Specialist 26N25

An Accounts Receivable Specialist plays a crucial role in maintaining the financial health and stability of an organization. This position involves managing incoming payments, processing financial transactions, and maintaining accurate financial records. The specialist is responsible for ensuring all owed funds are collected accurately and in a timely manner. They work closely with customers, clients, and internal departments to resolve payment issues and discrepancies. An Accounts Receivable Specialist should have excellent organizational and communication skills, along with a strong understanding of accounting principles. Their role not only supports the finance team but also contributes to enhancing client relations by efficiently managing accounts receivable processes.

Responsibilities

• Accurate entry and verification of financial transactions in the accounting system.
• Monitor customer account details for delayed payments and other irregularities.
• Contact customers to follow up on overdue balances to ensure timely payments.
• Prepare and allocate incoming payments accurately and promptly to accounts.
• Develop and implement methods to streamline accounts receivable procedures.
• Collaborate with the finance team to reconcile any payment discrepancies.
• Generate regular aging reports for management review and action planning.
• Manage and maintain organized and up-to-date financial records and databases.
• Prepare and issue accurate invoices and billing statements to customers.
• Respond to customer inquiries regarding balances and resolve billing issues.
• Assist in month-end closing processes and financial audits as required.
• Support the implementation of accounts receivable software upgrades or changes.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field preferred.
• Proven experience in an accounts receivable role or similar finance position.
• Proficient in using accounting software and Microsoft Office Suite applications.
• Strong understanding of accounting principles and financial record-keeping.
• Excellent communication skills for interacting with clients and internal teams.
• Strong analytical skills to identify and solve account discrepancies promptly.
• Detail-oriented with a high level of organizational and multitasking abilities.
• Ability to work independently and as part of a collaborative team environment.