10 Accounts Receivable Specialist Jobs in Parsippany, NJ
Raise is Hiring an Accounts Receivable Specialist Near Parsippany, NJ
Job Description
Accounts Receivable Specialist
- Full-time, permanent position
- Pay Rate : $48k to $60k base bonus benefits.
- On-site Parsippany, NJ
Are you detail-oriented and passionate about finance? One of our key clients is seeking an Accounts Receivable Specialist to join their team and play a critical role in managing our invoicing, credit, and collection processes.
Our client specializes in innovative in-vitro diagnostics for hemostasis and thrombosis testing. For over 80 years, they have provided comprehensive diagnostic tools, improving patient care and outcomes globally.
Our client takes pride in their people. When you join their team, you’ll find a workplace that facilitates challenge, achievement, and growth.
This is an opportunity to grow your career in a supportive and dynamic environment.
Responsibilities :
- Perform collection activities, analyze payment and aging patterns, and provide necessary documentation to collect past due accounts.
- Support customer account setup by analyzing D&B reports and recommending credit lines.
- Execute collection activities with a focus on metrics such as successful outbound calls and amounts collected.
- Prioritize and coordinate collection activities, including the use of escalation emails and dunning letters.
- Conduct credit reviews and propose accounts for hold, as well as release credit holds under supervisor guidance.
- Regularly review customer invoices on the portal, ensuring accuracy and accessibility of information.
- Interface with Contract Finance and Sales Admin in reconciliation efforts.
- Promote ACH, credit card, auto-debit, EFT, and wire payments.
- Maintain updated customer information in ERP systems.
- Process daily in-house deposits and apply cash elections from various payment forms.
- Resolve cash application issues by working closely with internal departments.
- Monitor and manage AR / Finance email communications.
- Lead or participate in process documentation, system implementation, and improvement projects.
- Contribute to department goals, including DSO targets and reducing overdue percentages.
- Provide support for audit-related requests.
Qualifications :
- High School Diploma with 3-5 years of related experience, Associates degree with 2-3 years, or Bachelors degree with 1-2 years of related experience required.
- Knowledge of M3 or similar accounting software, Excel, Word, and Outlook.
- Adaptability to learn and use new tools as technology evolves in business applications.
Job Summary
Full Time
$57k-71k (estimate)
06/22/2024
08/23/2024
raiselabs.com
San Francisco, CA
<25
Related Companies
The job skills required for Accounts Receivable Specialist include Accounts Receivable, Credit Card, Accounting Software, ACH, ERP, etc. Having related job skills and expertise will give you an advantage when applying to be an Accounts Receivable Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Accounts Receivable Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Accounts Receivable Specialist positions, which can be used as a reference in future career path planning. As an Accounts Receivable Specialist, it can be promoted into senior positions as an Accounts Receivable Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accounts Receivable Specialist. You can explore the career advancement for an Accounts Receivable Specialist below and select your interested title to get hiring information.
If you are interested in becoming an Accounts Receivable Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Accounts Receivable Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Accounts Receivable Specialist job description and responsibilities
They prepare official receipts and coordinate with account payable specialists from other companies with pending payables.
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The accounting specialist may use protections within accounting software like passwords to limit access.
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Senior accounts receivable specialists follow established accounts receivable and account payable policies, guidelines, control processes, and procedures.
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The specialists make sure that activities associated with the payables and receivables are accurate.
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Accounts receivable specialists frequently work simultaneously on multiple projects with urgent or tight deadlines.
03/09/2022: Peoria, IL
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Accounts Receivable Specialist jobs
Accounts receivable specialists are members of the organization's finance or accounting department.
02/15/2022: Salt Lake City, UT
Accounting Clerks are known to earn similar educational levels when compared to Accounts Receivable Specialists.
01/27/2022: Lima, OH
According to resumes from both Accounts Receivable Specialists and Accounting Administrators, some of the skills necessary to complete the responsibilities of each role are similar.
01/03/2022: Ogden, UT
Reconciled multiple Accounts Receivable reports to related general ledger accounts daily, researched and resolved any problems.
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Specialists are also highly trained on the competencies that are required of their specialty.
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Step 3: View the best colleges and universities for Accounts Receivable Specialist.
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