What are the responsibilities and job description for the Accounts Receivable Specialist position at Advanced Stucco?
Below is a more detailed of duties and responsibilities for your role:
- Payment Processing - Monitor incoming payments and ensure they are recorded accurately in the accounting system. Reconcile payments with invoices to ensure proper application of funds.
- Vendor account management - Maintain accurate customer account information, including payment terms and contact details.
- Collections - Follow up on overdue accounts and assist in the collection process. Establish and maintain relationships with clients to encourage timely payments.
- Prepare analytical and ratio analyses relevant to A/R so management can gain a better understanding of how collection efforts are progressing
- Collaboration - Work closely with other departments, such as sales and finance, to resolve discrepancies and improve processes. Participate in regular team meetings to discuss accounts receivable performance and strategies.
- Record Keeping - Maintain organized records of invoices, payments, and communication with clients. Ensure compliance with company policies and relevant regulations.