What are the responsibilities and job description for the Accounts Receivable Specialist position at London Financial?
We are seeking a detail-oriented and analytical Accounts Receivable Specialist to join our finance team. The ideal candidate will manage the company’s accounts receivable process, ensuring timely and accurate billing, payment collection, and reconciliation. This role is pivotal in maintaining our financial health and providing insights to improve cash flow and efficiency.
Key Responsibilities:
- Process, review, and issue customer invoices accurately and promptly.
- Monitor and manage accounts receivable aging reports to ensure timely collections.
- Conduct follow-up on overdue accounts and resolve payment discrepancies professionally.
- Apply payments received via ACH, checks, credit cards, and other methods to customer accounts.
- Prepare monthly AR reconciliations and assist with month-end close activities.
- Collaborate with the sales and customer service teams to resolve billing and payment disputes.
- Conduct credit checks for new and existing customers, establishing credit limits as necessary.
- Generate and analyze reports on AR metrics, trends, and collection effectiveness.
- Maintain accurate records of customer interactions, payments, and disputes.
- Identify and implement process improvements to enhance AR efficiency.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field preferred.
- 2 years of experience in accounts receivable or a similar role.
- Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
- Strong understanding of AR processes, credit policies, and cash application procedures.
- Excellent analytical, organizational, and communication skills.
- Ability to work independently and meet deadlines in a fast-paced environment.
Job Type: Full-time
Pay: $60,000.00 - $65,000.00 per year
Schedule:
- 8 hour shift
Work Location: In person
Salary : $60,000 - $65,000