What are the responsibilities and job description for the Accounts Receivable Specialist position at Tegrity Contractors?
Job Summary:
We are seeking a detail-oriented Accounts Receivable Specialist with experience in commercial construction to manage the invoicing, collections, and financial reporting for our projects. The ideal candidate must have a strong understanding of AIA billing, including G702 and G703 forms, and be proficient in handling progress billings, lien waivers, and compliance documentation.
Key Responsibilities:
- AIA Billing Management: Prepare and submit AIA G702 (Application and Certificate for Payment) and G703 (Continuation Sheet) documents, ensuring accuracy and compliance with contract terms.
- Invoice Processing: Generate and distribute invoices based on project contracts and schedules.
- Collections & Follow-ups: Monitor outstanding accounts receivable, follow up on overdue payments, and resolve billing disputes.
- Contract Review: Verify billing terms in contracts, track retainage, and ensure billings align with contract requirements.
- Financial Reconciliation: Maintain accurate records of accounts receivable and reconcile balances monthly.
- Collaboration: Work closely with project managers, clients, and the accounting team to ensure smooth financial transactions.
- Reporting & Documentation: Provide reports on aging receivables, cash flow projections, and other financial metrics.
Qualifications & Skills:
- Experience: 3 years of accounts receivable experience in commercial construction.
- AIA Billing Knowledge: Strong understanding of G702 and G703 billing processes.
- Accounting Software: Proficiency in QuickBooks, Sage, Viewpoint, Procore, or other construction accounting software.
- Detail-Oriented: High level of accuracy in financial documentation and record-keeping.
- Communication Skills: Strong ability to communicate with clients, subcontractors, and internal teams regarding billing matters.
- Problem-Solving: Ability to address billing discrepancies and resolve payment issues effectively.
Preferred Qualifications:
- Experience working with retainage billing and contract compliance.
- Familiarity with mechanic’s lien laws and waivers.
- Knowledge of job costing and construction project financials.
If you are an experienced Accounts Receivable professional with expertise in AIA billing, we encourage you to apply and be part of a dynamic commercial construction team!
Tegrity Contractors provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
