AP/AR Specialist

Title: AP/AR Specialist

Department: Executive & Finance

Reports To: AP/AR Manager

FLSA Status: Non-Exempt

Primary Responsibilities:

Accounts Payable

• Code and process payable invoices, process settlements for checks, Ad Hoc payments, wires, and refunds into accounting software
• Prepare event settlements
• Maintain and process reoccurring monthly bills
• Maintain accounts payable files: paper and electronic
• Process payroll insurance, benefit expenses & employee expense reimbursements
• Provide historical research on prior expenditures as needed
• Process 1099’s after calendar year-end
• Research un-invoiced POs at fiscal year-end.

Accounts Receivable

• Code and process customer invoices, post customer payments by recording cash, checks, and credit card transactions into accounting software.
• Process daily desktop deposits, credit card transactions and chargebacks
• Post revenues by verifying and entering transactions from box office and local deposits.
• Oversees accounts receivable write-offs and payment reversals.
• Secures revenue by verifying and posting receipts; resolving discrepancies.
• Verifies validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers
• Create EIB sponsorship/suite/loft contracts
• Maintain cash vaults, request change orders and process per diem allocations
• Manage deposit reporting for 50/50, bitpay invoicing, commissions support

Month-End

• Follow up on outstanding AP & AR aging >30 days.
• Record monthly journal entries (one-time and recurring)
• Capture expense accruals and record in the appropriate period
• Resolves valid or authorized deductions by entering adjusting entries
• Reconcile various balance sheet accounts (monthly)

Other

• Manage AP & AR mailboxes
• Assists in financial management external audit process and analysis, as requested
• Updates job knowledge by participating in educational opportunities
• Protects the organization's value by keeping information confidential
• Accomplishes accounting and organization mission by completing related results as needed
• Organizes and maintains retention files for required period
• Ad Hoc research projects and reporting research results Various other light administrative duties and special projects as assigned

Compensation:

This full-time, non-exempt role's expected annual base salary is $45,760 - $58,240. Final offers for this role will be made within the parameters of the salary range provided. Years of experience, skills, and other factors are considered when determining the salary offered. Total compensation & offer package will include the following:

• Comprehensive Medical, Dental, and Vision benefits for employees and dependents
• Employer 401(k) match
• Paid Vacation 11 Paid Holidays, Parental Leave
• Sacramento Kings Home Game tickets, Team Store discounts, Free Parking, and much more!

Location:

• This position is based in Downtown Sacramento, CA, and requires a full-time, in-office presence. This is not a remote or hybrid position.

Salary : $45,760 - $58,240