Accounts Receivable/ Payable Bookkeeper

Job Description

Job Description

Salary : $40,000-$60,000

Accounts Payable / Receivable Specialist

About Red Cedar :

Red Cedar Capital Partners LLC, known as "Red Cedar," is a developer and builder operating in Charlotte, NC, and its neighboring markets. Serving as the umbrella organization, Red Cedar oversees a multitude of subsidiaries, including Red Cedar Commercial Development, Red Cedar Homes, Red Cedar Development, Red Cedar Construction, and Red Cedar Realty. It also encompasses a private label mortgage company named Prime Roots Lending, and a homebuilding supply company known as Evergreen Maker, all working collectively to support the dynamic Red Cedar ecosystem. Since its inception in 2016, Red Cedar has experienced exponential growth, solidifying its position as one of the most rapidly expanding builders in the Southeast.

Red Cedar is looking for a skilled Accounts Receivable / Payable Specialist to join our finance team. The ideal candidate will have a strong background in both accounts receivable and accounts payable processes and procedures, with a focus on accuracy, timeliness, and compliance. The ideal candidate will make it their mission to help streamline our payment and collection processes, driving our business forward. In this role, you will ensure bills / invoices are paid and payments are received efficiently and on time. You will also provide administrative and clerical support, reconcile balances and invoices, monitor collections and expenses, and maintain accurate record-keeping. Your contributions will have a daily and ongoing impact on financial transactions, helping to keep us on track, on time, and in good standing with our valued partners (both internal and external).

Role Responsibilities :

Prepare, send and collect invoices for all applicable entities

Ensure support provided for A / R invoices includes the proper documentation to adequately document the request

Take appropriate company approved processes to collect all payments, including delinquent payments

Establish protocol to communicate collection status to team

Escalate issues / concerns to the appropriate team members as necessary

Perform daily cash management duties : record A / R receipts deposited directly to the bank account; confirm cleared transactions are legitimate and not fraudulent

Monitor and collect accounts receivable by contacting clients via telephone, email, and mail

Monitor A / R inboxes and respond to internal and external inquiries timely and professionally

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, inventory management, and cost accounting team members as necessary

High level financial reporting analysis

Strengthen and grow relationships with clients via communication on accounts

Support the finance and accounting team as well as the company team as a whole

Identify and suggest solutions to improve efficiency

Support Red Cedar in optimizing accounting transactions and systems throughout its group of subsidiaries and partnerships

Strengthen and grow relationships with trade partners and clients by responding timely to inquiries, researching and resolving balance discrepancies

Notify management of any concerns with trade partners or vendors

Assist in streamlining and improving the accounts payable process

Exercise integrity and confidentiality in financial reporting and compliance with financial requirements

Conduct monthly month end closing processes including account reviews, research, and analysis to ensure the highest level of quality, accuracy and timely processing of month end financials

Assist the finance team with payment application request process and provide information required for investor capital calls

Establish and maintain interdepartmental communication on payment status

Review invoices for appropriate documentation, and accuracy prior to payment

Manage accounts payable; establish and maintain relationships with new and existing trade partners and vendors

Respond to inquiries from trade partners / vendors in a timely manner

Record invoices into the accounts payable sub-ledger

Receive, review, and seek approval for internal ACH requests

Prepare accounts payable aging to identify amounts due for payment

Process payments from the applicable entity

Ensure bills are paid in a timely and accurate manner while adhering to departmental procedures

Process non-invoice / PO transactions and perform standard subledger maintenance

Record monthly accrued expenses / deferred revenue monthly as well as account roll-over

Other duties as assigned.

Required Skills & Qualifications :

2 years experience in accounts receivable and payable preferred

Understanding of basic principles of finance, accounting, and bookkeeping

Knowledge of basic principles of GAAP, accounting and finance

Exceptional time & project management skills, with attention to detail

Strong problem-solving skills

Excellent organizational and communication skills

Discretion required for sensitive company and personnel data

Moderate to advanced Excel skills

Competency with QuickBooks, and other ERPs employed by the company

Quick learner and self-starter

Ability to work well both independently and in a team in a fast-paced environment

Experience with Smart Sheets database software

Resourceful & proactive approach to the role and responsibilities

Must be able to work in a fast-paced, ever-changing environment

Experience in driving process improvement

Competitive and passionate spirit with a best work attitude

Homebuilding industry experience preferred

The ability to independently define problems, collect data, establish facts, and solve problems

Education & Experience :

Bachelors degree in related field

Experience in Accounts Receivable (AR) is necessary

Minimum of 3 years of experience in a related role

Exceptional verbal, written and visual communication skills

Ability to read, analyze, and interpret financial statements

Schedule :

Monday-Friday, standard daytime hours; 8 am - 5 pm

Occasional weekend work may be required

Job Type :

Full-time position, averaging 40 hours per week

Compensation :

40,000 - $60,000 annually

Benefits :

100% Medical, Dental, & Vision insurance covered to the employee

401k with a Safe Harbor match formula of 100% of employee contributions up to 3% of their compensation, then 50% matching contribution of the next 2% of employee's compensation

11 annual company-paid holidays

5.54 hours paid time off per bi-weekly pay period

Ability to Commute / Relocate :

Charlotte, NC : Ability to reliably commute or willingness to relocate before starting work (required).

Work Location :

Onsite | 4705 Entrance Dr. Suite D, Charlotte, NC 28273

Work Environment :

Office-based environment with a business casual dress code. Standard office equipment, such as computers, phones, photocopiers, and filing cabinets, are used in this role.

Physical Demands :

The role requires the ability to talk and hear, stand, walk, use hands to handle or feel, and reach with hands and arms. Occasional lifting of office products and supplies, up to 20 pounds, may be necessary.

Red Cedar Capital Partners LLC. is an Equal Opportunity Employer.

We do not discriminate based on race, traits historically associated with race, hair texture and protective hairstyles, color, national origin, ancestry, creed, religion, physical and mental disability, genetic information, marital status, sex gender, gender identity, or expression, pregnancy, sexual orientation age, military or veteran status, or any other basis protected by applicable law.

Note :

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an at will relationship.

Salary : $40,000 - $60,000