Accounts Receivable Specialist

Company Overview

Focusing on the smaller end of middle-market, North American-based companies, Core40 provides both debt and equity capital investments for start-ups as well as established companies. Seeking to generate attractive rates of return for our investors, we partner with management teams to execute transformative business strategies in our portfolio companies.

Role Objectives

• Support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts
• Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates
• Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts
• Assist in streamlining the accounts receivable process by identifying areas for performance improvement
• Exercise integrity and confidentiality in financial reporting, and comply with national and local financial requirements

base.

Responsibilities

• Supervise the work order completion process that supports billing, providing guidance and support to ensure efficient operations.
• Process billing for contract and time/material jobs.
• Generate and review invoices for accuracy before distribution to clients.
• Collaborate with other departments to resolve billing discrepancies and customer inquiries.
• Gather and verify invoices for appropriate documentation prior to payment
• Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared
• Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger
• Monitor and collect accounts receivable by contacting clients via telephone, email, and mail
• Prepare analytical and ratio analyses relevant to A/R so management can gain a better understanding of how collection efforts are progressing
• Support other accounting and finance team members and job cost accounting
• Develop a recovery system and initiate collection efforts
• Routinely communicate with customers via phone, email, mail, or personally
• Assist with month-end closing
• Collect data and prepare monthly metrics
• All other duties as assigned.

Qualifications

• Communication: Working as an Accounts Receivable Specialist necessitates the development of written and verbal communication skills. Clients are frequently contacted by account receivable specialists who request payment or set up payment plans, so an Account Receivable Specialist must have the ability to build relationships with clients as well as internal departments.
• High degree of familiarity with accounts receivable functions
• Project Management: As an Accounts Receivable Specialist, you'll need strong project management skills because you'll be managing multiple projects simultaneously.
• Organization: As an Accounts Receivable Specialist, you'll need to be organized. Paying close attention to detail will ensure the accuracy of records and reports.
• Computer Knowledge: As an Accounts Receivable Specialist, you'll need advanced computer skills. Specialists frequently use accounting and bookkeeping computer programs to identify past due accounts and report payments. In addition, an Accounts Receivable Specialist must know about accounts payable, accounts receivable, and maintaining general ledgers.
• 2-3 years of experience with collections, invoicing, and/or accounts receivable
• Proficient in Microsoft Office applications
• Knowledge of GAAP and basic accounting principles
• Strong attention to detail with a dedication to accuracy
• Excellent verbal and written communication skills
• Ability to analyze large sets of data

If you're ready to contribute your expertise in accounting within a dynamic team focused on quality and safety, we invite you to apply today at Elite ICT!

Job Type: Full-time

Pay: $50,000.00 - $65,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Ability to Relocate:

• Champaign, IL 61822: Relocate before starting work (Required)

Work Location: In person

Salary : $50,000 - $65,000