ACCOUNTS RECEIVABLE SPECIALIST

The Accounts Receivable Specialist is responsible for maximizing cash flows, minimizing Days Sales Outstanding (DSO) and credit risk, timely and accurate collection of customer Accounts Receivable, posting, and reconciling cash receipts, and minimizing bad debts. TYou will review customer financial information and credit reports to assess risk and establish appropriate credit line. Additional responsibilities include assisting with calculation of customer commissions and rebates, and utilizing system generated credit hold flags to appropriately decision sales order and shipment releases.

The Accounts Receivable Specialist within the Accounting Team, will focus on these main activities:

• Proactively contact customers regarding balances due. Collect past due accounts by contacting customers and investigating circumstances of non-payment. 
• Review orders and shipments placed on credit hold. Take appropriate action(s) to resolve in accordance with Company policies. 
• Review credit worthiness for new and existing customers, including review of credit agency reports, contacting credit references, reviewing financial information, and recommending credit limits and payment terms. 
• Post cash receipts to customer Accounts Receivable. 
• Create new customers in SAP and establish credit limits. 
• Review aged trial balances and past-due accounts. Minimize DSO.
• Recommend accounts to be placed on credit hold or placed for collection. 
• Administration of the customer Rebate and Commission programs.
• General support to the Finance and Accounting department. 
• Other duties as assigned by the Accounts Receivable / Credit Manager. 

The ideal candidate has a background in Accounting, five (5) years working in an Accounting function, and at a minimum, completion of an Associate’s degree. They will also have: 

• Minimum of one year of prior Accounts Receivable and credit and collections experience.
• Intermediate experience with MS Office - Excel, Word, and PowerPoint. Experience with SAP ERP system a plus.
• Comprehensive understanding of basic accounting concepts, practices, and procedures. 
• Ability to handle confidential information with discretion and tact. 
• Ability to work independently on projects or in a team environment with minimal supervisor. 
• Excellent interpersonal, verbal, and written communication skills with an attention to detail. 
• Experience in a multi-national company
• Experience in a medium to large multinational manufacturing company.
• Bachelor's Degree in Accounting or Finance, is a plus

We are committed to the principle of equal employment opportunity for all people, by offering a work environment accessible, welcoming and inclusive in compliance with legal obligations. 

Location:  Providence, RI, Hybrid position.

Benefits including: Medical, Dental, Vision, Life Insurance, AD&D, Voluntary plans - Hospital Indemnity, Cancer, Accident, Life, Long-term Care, EAP, Wellness and Paid Parking (downtown Providence).