What are the responsibilities and job description for the Accounts Receivable position at Johnston Industrial Suppl?
Company Overview:
Join Johnston Companies, an Equal Opportunity Employer with over 55 years of success, where we prioritize our people, integrity, and excellence in a culture that promotes growth and fun.
Our Mission:
We enhance efficiency in manufacturing across industries like aerospace, automotive, and fabrication, empowering clients with the tools needed to thrive.
Who You Are:
- You bring innovative solutions to challenges.
- Passionate about numbers and processes, you create order in chaos.
- You have a positive, can-do attitude that inspires others.
- You recognize and nurture potential in your teammates.
- Your technical expertise builds trust with leadership.
Position Overview:
We are looking for a detail-oriented and motivated individual to join our team in an Accounts Receivable role. In this key position, you will manage accounts receivable functions ensuring accurate billing, timely collections, and positive client relationships, all contributing to our financial operations and overall success.
Key Responsibilities:
- Process and record incoming payments accurately and in a timely manner, ensuring proper allocation to customer accounts.
- Generate, review, and send out invoices to clients in accordance with contractual terms and company policies.
- Monitor accounts for delinquent payments and conduct follow-ups, including calls and emails, to ensure timely collection.
- Reconcile receivable accounts transactions, investigate and resolve discrepancies, and maintain accurate ledger balances.
- Prepare and analyze aging reports to identify overdue accounts and prioritize collection efforts.
- Collaborate with sales and customer service teams to address customer inquiries, disputes, and payment-related issues.
- Assist in month-end closing processes by preparing necessary journal entries, account reconciliations, and financial reports as required.
- Maintain organized and accurate records and documentation for all transactions to ensure compliance with internal policies and external regulations.
- Participate in the development and implementation of accounts receivable policies and procedures to enhance efficiency and effectiveness.
- Assist in the preparation of cash flow forecasts and other financial analyses as needed.
- Ensure compliance with company policies, accounting standards, and regulatory requirements in all accounts receivable activities.
- Provide support for audits by preparing requested documentation and responding to auditor inquiries.
- Provide backup support for our switchboard operator as required.
Requirements:
- Proven experience in accounting or a related field, with a minimum of 1-3 years in roles such as accounts receivable, accounts payable, or general accounting, preferably in the industrial supply or manufacturing sector.
- Proficient in accounting software (experience with CSD, Ariba or Coupa is a plus).
- Strong understanding of accounting principles, practices, and financial reporting.
- Excellent attention to detail and accuracy in data entry and financial reporting.
- Strong analytical and problem-solving skills, with the ability to interpret financial data effectively.
- Effective communication and interpersonal skills to interact professionally with clients and team members.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
- Proficiency in Microsoft Office Suite, particularly Excel, for data analysis and reporting.
Preferred Qualifications:
- Knowledge of industry- specific regulations and compliance requirements.
- Experience with electronic invoicing and payment processing systems.
What We Offer:
- Competitive salary and benefits package.
- Opportunities for professional development.
- A dynamic and supportive work environment.
