What are the responsibilities and job description for the Accounts Receivable Specialist position at Allegiance Staffing?
Job Description
Job Description
Job Title : Accounts Receivable / Payable Specialist
Position Summary : We are seeking a meticulous and organized Accounts Receivable and Payable Specialist with at least 3 years of experience in managing both accounts receivable (AR) and accounts payable (AP) functions. In addition to a solid understanding of financial transactions, the ideal candidate will demonstrate consistent accuracy, critical thinking, analytical initiative, the curiosity to investigate discrepancies, the desire to improve processes, and a sense of timeliness in processing invoices, payments, and collections. This individual should possess effective communication skills and a cooperative mindset, cordially supporting coworkers and agreeably negotiating with vendors and customers. This position requires the ability to prioritize tasks, meet deadlines, and work independently. This role is critical to maintaining the company’s financial health and supporting the accounting department’s day-to-day operations.
Key Responsibilities :
- Manage the full-cycle accounts payable process, including verifying, coding, and processing vendor invoices for timely payment.
- Reconcile vendor statements, resolve discrepancies, and maintain positive relationships with vendors.
- Oversee accounts receivable processes, including generating invoices, posting customer payments, and monitoring AR aging reports.
- Follow up on outstanding invoices to ensure timely collections and minimize overdue accounts.
- Reconcile bank accounts, credit card statements, and accounts payable / receivable ledgers.
- Assist in month-end close activities by preparing journal entries and reconciling AR and AP balances.
- Maintain accurate and up-to-date financial records, ensuring compliance with company policies and procedures.
- Address inquiries from vendors, customers, and internal stakeholders related to billing, payments, and account status.
- Assist in generating financial reports and providing support during audits.
- Identify opportunities to improve AR and AP processes for efficiency and accuracy.
Required Qualifications :
Preferred Qualifications :
Compensation : 50k- 55k
