What are the responsibilities and job description for the Accounts Receivable Specialist position at Cypress Hills Local Development?
Job Details
Level
Experienced
Job Location
Main Office - Brooklyn, NY
Position Type
Full Time
Education Level
H S Diploma / GED combo of work exp.
Salary Range
50,000.00 - $55,000.00 Salary / year
Travel Percentage
None
Job Shift
Day (8-4pm or 9-5pm)
Job Category
Finance
Description
With community residents leading the way, the mission of Cypress Hills Local Development Corporation (CHLDC) is to build a strong, sustainable Cypress Hills / East New York, where youth and adults achieve educational and economic success, secure healthy and affordable housing, and develop leadership skills to transform their lives and community.
Cypress Hills Local Development Corporation has an opening for one (1) full-time, experienced Accounts Receivable (AR) Specialist to join our Finance Team. The Accounts Receivable Specialist will manage the accounts receivable for all contracts funding the organization. The Accounts Receivable Specialist will maintain accurate AR records and ensure compliance with Federal, State, and City funders. The ideal candidate will have a strong understanding of the Accounts Receivable process, principles and practices, excellent analytical and interpersonal skills, great attention to details, a keen interest in continuous process improvement, and the ability to work in a fast-paced environment.
Principal Duties :
The Accounts Receivable Specialist will manage the revenue accounts of all contracts using the Financial Edge NXT system, which includes but not limited to :
- Deposit of paper checks received via automatic check scanner or bank branch if necessary
- Responsible for the recording of all forms of bank deposits (EFT, checks, and cash) and maintaining the corresponding accounts receivable backup on a weekly basis
- Reconcile revenue accounts with Grant Reporting Specialist and resolve any discrepancies in a timely manner
- Provide timely responses to emails related to accounts receivable
- Generate and send invoices to Cypress merchants
- Responsible to flag and follow up on any outstanding receivables older than 30 days including receivables due from government agencies, corporations, foundations and subsidiary corporations.
- Send monthly revenue reports to Program staff regarding outstanding rental invoices
- Prepare and analyze accounts receivable aging reports to identify past due accounts and prioritize collection efforts
- Maintain up-to-date client records with accurate billing and contact information
- Assist with month-end and year-end closing activities, including account reconciliations and financial reporting
- Provide support for audit related accounts receivable questions
- Assist in streamlining the accounts receivable process by identifying areas for performance improvement
- Assist with other accounting and finance functions as needed
Position Requirements :
Work Environment :
Physical Demands :
Travel :
Supervision :
Compensation :
To Apply :
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION IS AN EQUAL EMPLOYMENT OPPORTUNITY / AFFIRMATIVE ACTION EMPLOYER AND IS COMMITTED TO WORKPLACE DIVERSITY AND INCLUSION.
We are an equal opportunity employer and do not discriminate in hiring or employment on the basis of race, color, religion, national origin, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law. We promote recognition and respect for individual and cultural differences, and we work to make our employees feel valued and appreciated, whatever their race, gender, background, or sexual orientation.
We offer competitive salaries, excellent benefits, and a pleasant working environment. Salary is based on a nonprofit scale and commensurate with experience.
EOE Minorities / Women / Disabled / Veterans
Salary : $50,000 - $55,000
