Position Summary: Reporting to AR Manager, the AR Specialist role will be focused on Collections, Credit management, Billing and cash applications.
Primary/Essential Responsibilities:
Perform Credit Reviews to establish payment terms for new and existing customers. Analyzing credit reports, historical payment history as well as any public information available.
Set up new and maintain existing customers in Customer Master. Ensure all AR records are accurate, up to date and compliant with company policies and procedures.
Daily AR monitoring and overdue customer accounts. Maintain communication with customers to address payment discrepancies or resolve billing disputes.
Highlight significant credit risk and collection issues to direct manager
Prepare and analyze AR reports, aging analysis, unapplied cash, short pay and other reports related to collections. Provide insights and recommendations to management for improving AR processes and reducing delinquencies
Work closely with internal teams including sales, customer service to discuss billing related issues and improve processes
Continues reconciliation of customer and G/L accounts
Create and submit daily invoices in timely manner through current ERP system and maintain special invoicing requirements by client.
Create Miscellaneous Invoices for Intercompany entities, when requested.
Assist direct manager with month end closing and annual audit
Support other finance functions as needed
Required Qualifications:
High School Diploma, Associate degree
3 + Years of accounts receivable and cash application experience
Knowledge of standard accounts receivable billing and collection practices
Experience with Dun & Bradstreet or Creditsafe.
Strong communication (oral and written) and interpersonal skills
Attention to detail and high level of accuracy
Excellent problem-solving skills with the ability to analyze and resolve complex issues.
Proficiency in account reconciliation processes and techniques.
Ability to Work efficiently and productively in multitask environment independently with minimal supervision
Team player with Initiative and ability to own projects from start to finish
Proficiency in the Microsoft Office Suite
Preferred Qualifications:
Experience with JD Edwards, SalesForce, Highradius or other major ERP Systems/Software
Understanding in Financial Statements, Letters of Credit, Lien Waivers
Ability to adapt to fast pace & changing environment
Problem Solver
Self-Starter & Team player – helps the organization reach our common goals
High internal and external customer service skills
