Receivables Accountant

Position Summary

The Receivables Accountant provides transactional and analytical support by ensuring the company receives payments for goods and services and properly records the transactions by posting receipts and resolving discrepancies according to established policies and procedures in an efficient, timely and accurate manner. This position is also responsible for researching, analyzing, resolving payment discrepancies, reconciling accounts, developing policies and identifying and implementing process improvements.

Duties and Responsibilities

• Monitor and track Accounts Receivable by customer.
• Prepare daily payments and make deposits electronically.
• Collect on accounts by sending invoice reminders and communicating with customers.
• Post customer payments by entering transactions into the general ledger.
• Research payment discrepancies and work with the sales team to document and validate short payments.
• Lead the effort and proactively work with the sales team, brokers, and customers to resolve issues.
• Prepare and reconcile customer related rebates and commission calculations.
• Develop and prepare reports to enable sales team to understand their customers’ activity.
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
• Create and maintain Accounts Receivable reports for Senior Management review.
• Document and maintain the accounts receivable process.
• Prepare journal entries and reconcile revenue and other general ledger accounts.
• Prepare journal entries, reconcile accounts, and complete reporting for other areas of the company.
• Provide back up for the Billing Associate as needed.
• Provide assistance as needed in other areas of the finance department.
• Identify and implement continuous improvement initiatives related to various processes including reporting, data gathering, and analysis.
• Gather information and analysis for auditor requests and schedules.
• Work on financial review projects as assigned.
• Protect organization’s value by keeping information confidential.

The above list of job duties is not exclusive or exhaustive and the incumbent will be required to undertake such tasks as may reasonably be expected within the scope and classification of the position.

Skills and Experience

• Associates Degree or equivalent from a two-year college or technical school preferred
• 3 to 5 years accounts receivable experience preferred.
• Ability to calculate, post and manage accounting figures and financial records.
• General math skills.
• Effective organizational, stress and time management skills.
• Analytical abilities, initiative and problem-solving skills.
• Organized and detail oriented.
• Effective oral and written communication skills.
• Ability to work effectively with others in a team environment.
• ERP systems experience preferred.
• Aptitude for systems and software.
• Proficient with Microsoft Office Suite of products (i.e. Excel, Word, Outlook).
• Ability to function independently.

Qualifications

• Knowledge of generally accepted accounting theories, principles, methods, practices, and terminology.
• Knowledge of the application of data processing for the accounting records.
• Knowledge of techniques commonly used in locating errors in accounting records.
• Ability to collect and organize accounting data, interpret its significance, and prepare accurate financial records.
• Ability to present accounting data in a clear and understandable manner.
• Ability to maintain records and prepare reports and correspondence related to the work.