Senior Accounts Receivable Specialist

Econolite® is an innovator of Intelligent Transportation System (ITS) solutions, products, and services. Our technology is helping save lives and making the Smart City a reality. If you want to be at the forefront of this intelligent technology revolution, we want to talk to you about being part of our team. Econolite is committed to employing the best talent that will make significant contributions to building a safer, connected world. 

Econolite’s ITS solutions ease traffic congestion, provide safer mobility, and improve quality of life. As the one-stop-shop leader for traffic management systems, sensor products, and services, Econolite is committed to the advancement of connected and autonomous vehicles, smart cities, and cybersecurity.

The Senior Accounts Receivable (AR) Specialist is responsible for managing and maintaining the accounts receivable ledger, ensuring timely collection of payments, and accurate processing of invoices. This role requires close attention to detail, strong organizational skills, and excellent communication abilities to maintain positive relationships with clients and internal teams.

DUTIES

• Invoice Processing: Generate and send invoices to clients in a timely manner, ensuring accuracy and adherence to contract terms.
• Payment Collection: Follow up on outstanding payments via phone calls, emails, or written correspondence, and ensure that accounts are paid within the established timeframe.
• Payment Posting: Accurately post payments received into the accounting system, reconciling any discrepancies.
• Aging Reports: Regularly review and monitor accounts receivable aging reports, identify delinquent accounts, and develop strategies for collections.
• Dispute Resolution: Collaborate with customers and internal teams to resolve any billing discrepancies or disputes.
• Customer Account Management: Maintain accurate records of customer communications, payments, and disputes in the system.
• Reconciliation: Perform monthly reconciliations of customer accounts and ensure accurate reporting of accounts receivable balances.
• Reporting: Prepare and present accounts receivable reports, including status of outstanding accounts, and communicate findings to the finance team.
• Compliance: Ensure compliance with company policies, accounting regulations, and applicable laws regarding accounts receivable procedures.

QUALIFICATIONS

• Education: Bachelor’s degree in Accounting, Finance, Business Administration, or related field preferred.
• Experience: 4 years of experience in accounts receivable, accounting, or a similar finance role.
• Skills:
  1. Strong understanding of accounting principles and AR processes.
  2. Proficiency with accounting software (e.g., QuickBooks, SAP, Oracle).
  3. Excellent communication and negotiation skills.
  4. High level of attention to detail and accuracy.
  5. Ability to prioritize tasks and manage multiple responsibilities effectively.
  6. Proficient in Microsoft Office Suite (especially Excel).

PREFERRED QUALIFICATIONS

• Experience in the [specific industry or sector].
• Knowledge of ERP systems and advanced Excel skills (VLOOKUP, pivot tables, etc.).
• Familiarity with collection regulations and procedures.

PRE-EMPLOYMENT

All candidates who accept employment will be subject to a background investigation and drug screening. For applicable roles, candidates who accept employment will also be subject to a Motor Vehicle/Driving Record screening.

COMPENSATION

The base pay range for this part-time intern position is $26.00 - $36.00 per hour. Pay ranges are determined by various factors, including role, experience, and location. The pay range displayed reflects the minimum and maximum target for new hire rates for this position. Within the range, actual individual compensation is determined by various factors, including location, job-related skills, experience, and relevant education or training.

BENEFITS

This role is eligible for benefits: weekly pay, weekly PTO accrual, paid holidays. Various medical plans, dental, vision, flexible spending accounts, direct deposit. Basic life, LTD, 401k discretionary match. Other voluntary benefits include: identity theft protection.

DISCLAIMER

The above statements are intended to indicate the general nature and level of work performed by employees within this classification. They are not designed to contain or be interpreted as an exhaustive list of all duties, responsibilities, skills, and qualifications required of employees assigned to this job.

We conform to all the laws, statutes, and regulations concerning equal employment opportunities and affirmative action. We strongly encourage women, minorities, individuals with disabilities and veterans to apply to all of our job openings. We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, marital status, lactation, ancestry/national origin, citizenship, age, disability, arrest and court records, military & veteran's status, Genetic Information & Testing, Family & Medical Leave, or any other classification protected by state or federal law.

We prohibit Retaliation against individuals who bring forth any complaint, orally or in writing, to the employer or the government, or against any individuals who assist or participate in the investigation of any complaint or otherwise oppose discrimination.

An Equal Opportunity Employer - Non-Smoking Facility