Accounts Receivable and Collections Specialist

Beacon Hill Financial has partnered with a local client in the search for their next Accounts Receivable & Collections Specialist. This position will report directly to the controller and will be responsible for full cycle AR duties. Candidates should be comfortable processing electronic payments (ACH / wire transfers), making bank deposits, handling cash applications, making collections calls, and working with aging reports. Experience posting within the general ledger and handling some B2B collections is preferred. This is a hybrid position that will require on-site work in their Bethesda, MD office. If interested, please apply with your most up-to-date resume!

Job Responsibilities

• Generate accurate and timely invoices for products/services rendered to customers.
• Verify billing information, such as contract terms, pricing, and discounts.
• Address any discrepancies or issues related to billing promptly and effectively.
• Monitor accounts receivable aging to identify overdue accounts and follow up on outstanding balances.
• Communicate with customers regarding payment status, outstanding invoices, and payment arrangements.
• Handle customer inquiries and resolve billing disputes in a timely and professional manner.
• Apply payments received from customers to the appropriate accounts.
• Reconcile payments with invoices and ensure accurate posting to the general ledger.
• Investigate and resolve discrepancies between payments and invoices.
• Implement collection strategies to minimize delinquent accounts and reduce outstanding balances.
• Make a high volume of collections communications via phone, email, or mail to facilitate payment and resolve overdue accounts.
• Maintain accurate records of collection activities and customer interactions.
• Prepare regular reports on accounts receivable aging, cash flow projections, and collection performance.
• Analyze receivable trends and provide insights to improve collections processes and reduce bad debt.
  

Beacon Hill is an Equal Opportunity Employer that values the strength diversity brings to the workplace. Individuals with Disabilities and Protected Veterans are encouraged to apply.

California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

If you would like to complete our voluntary self-identification form, please click here or copy and paste the following link into an open window in your browser: https://jobs.beaconhillstaffing.com/eeoc/

Completion of this form is voluntary and will not affect your opportunity for employment, or the terms or conditions of your employment. This form will be used for reporting purposes only and will be kept separate from all other records.

Company Profile:

Founded by industry leaders to set a new standard in search, career placement and flexible staffing, we deliver coordinated staffing solutions with unparalleled service, a commitment to project completion and success and a passion for innovation, creativity and continuous improvement.

Our niche brands offer a complete suite of staffing services to emerging growth companies and the Fortune 500 across market sectors, career specialties/disciplines and industries. Over time, office locations, specialty practice areas and service offerings will be added to address ever changing constituent needs.

Learn more about Beacon Hill and our specialty divisions, Beacon Hill Associates, Beacon Hill Financial, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences and Beacon Hill Technologies by visiting www.bhsg.com.

Benefits Information:

Beacon Hill offers a robust benefit package including, but not limited to, medical, dental, vision, and federal and state leave programs as required by applicable agency regulations to those that meet eligibility. Upon successfully being hired, details will be provided related to our benefit offerings.

We look forward to working with you.

Beacon Hill. Employing the Future™