Senior Accounts Receivable Specialist

Dynamic Consumer Product Goods company, founded here in South Florida and proudly boasting 30 years of continued growth, is seeking an experienced Senior Accounts Receivable Specialist to join their team.

In this role, the Senior Accounts Receivable Specialist will drive efficient billing and timely collections, assess credit risk, manage the AR portfolio, and align with the sales revenue objectives. The ideal candidate will spearhead process enhancements and policy advancements while fostering interdepartmental collaboration to enhance productivity.

This is a high volume and fast-paced environment and is ideal for a candidate that thrives in a collaborative environment.

This position reports to the Accounting Manager and is required to be in-office. This is not a hybrid/remote opportunity.

Key Responsibilities:

• Credit Policy Management: Establish and implement credit policies, procedures, and guidelines to effectively manage both in-house and credit-insured accounts.
• Account Analysis: Analyze delinquent and high-risk accounts, propose resolutions, negotiate payment programs, and escalate when necessary.
• Risk Communication: Communicate credit risk assessments to executive management for informed decision-making.
• Collection Efforts: Efficiently manage collection efforts for invoices, chargebacks, and disputes, optimizing Days Sales Outstanding (DSO) performance.
• Invoice Management: Create and issue invoices accurately and timely to ensure efficient billing.
• Payment Application: Apply payments to the system, ensuring correct allocation to customer accounts.
• Aging Reports: Prepare and analyze aging reports to monitor outstanding receivables and manage collections effectively.
• Chargeback Process: Oversee the charge-back deduction process, including dispute management and communication with stakeholders.
• Collaboration: Work with various departments to communicate operational issues to relevant stakeholders.
• Process Optimization: Identify opportunities to streamline cash application and credit/collection processes through workflow optimization and automation.
• Reporting: Provide regular reporting to senior management on collections, charge-back activity, and account aging, identifying areas for improvement.
• Credit Management: Review and adjust credit status and limits daily to maximize sales and minimize bad debt exposure.
• Special Projects: Handle special projects as assigned, demonstrating adaptability and problem-solving skills.

Requirements:

• Bachelor’s degree in business, accounting, or related field; equivalent experience accepted.
• Prior experience in the B2B and B2C (ecommerce) consumer goods industry required.
• Experiences working with Amazon, Shopify, etc.
• Proficiency in Finance & Accounting, Credit, and Collections.
• Strong analytical skills with a data-driven mindset.
• Excellent oral and written communication skills, with the ability to present complex information clearly to diverse audiences.
• Proven negotiation and multitasking abilities.
• Capability to thrive in a fast-paced environment, both independently and collaboratively.
• Effective interpersonal skills, with a knack for building consensus and alliances across the organization.
• Demonstrated ability to research and implement credit tools for process improvement.
• Solid background in financial systems and proficiency in Microsoft Office Suite.

Package Offered:

• Competitive wages and comprehensive benefits package.
• Company-paid holidays and generous Paid Time Off (PTO).
• Profit-sharing program.
• Opportunities for career advancement and professional growth.