1 Job in Hopkins, MN
Fenix Group SPC is Hiring an Accounts Receivable Associate Near Hopkins, MN
What united these brands was a shared dream—a dream to transcend individual success and create a meaningful impact on the industry. Under one unified team, Fenix Group, they aimed to achieve the extraordinary.
With that in mind, we are executing on a transformation to build a results-driven and goal-oriented culture cemented by our core values of reliable, can-do, curious, team player, and achievement. We are focused on listening to customers to better understand and service their needs, identifying opportunities for growth within the market, and pursuing ways to leverage technology and automation both within our manufacturing plants, but also across our entire organization for our long-term success.
Finance VisionOur Finance Department serves as a valued strategic partner driving financial excellence and innovation, enabling our company’s growth through data-driven insights, prudent risk management, and optimal resource allocation.
This Accounts Receivable Associate position plays a key role on our finance team by managing and optimizing our accounts receivable process to ensure timely payment from customers to Fenix. This role will offer you growth by providing you experience with the basics of A/R and collections and then expanding to add additional accounting duties and projects as your skillset grows. It’s an opportunity to get your foot in the door and have career security by gaining valuable experience!
Accounts ReceivableWhat You Will Get To Do Each Day:You will spend about 60% of your time completing a variety of accounts receivable tasks including:
- Daily invoicing for all shipments across our 6 brands and 3 locations
- Collecting payments from customers and recording the transaction in the system
- Creating credit memos & processing returns upon approval
- Generating reports on accounts receivable status
- Maintaining and updating bookkeeping databases & spreadsheets
- Conducting customer research and account reconciliation to ensure accuracy
- Performing day-to-day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivable data
- Preparing and sending monthly statements to customers
- Processing credit requests from new customers
- Reconciling the A/R ledger to ensure all payments are accounted for and properly posted
- Communicating with customers via phone and email to request payment and arrange payment plans, as necessary
- Developing and maintaining a good working relationship with customers to facilitate timely payment
- Researching and resolving invoice disputes and other billing inquiries from customers.
- Associate’s degree in accounting.
- 1-2 years of accounting or collections experience. Previous internship experience is a plus.
- A friendly, empathetic personality balanced a dedication to holding customers accountable.
- A willingness to jump in and problem solve different situations, whether it be an external or internal customer.
- Tenacity to push through a difficult situation or customer.
- An organized approach to your work and the ability to follow provided rules and guidelines.
- A sense of urgency and efficiency to get assigned work completed by the deadline, balanced with the patience to tactfully address both internal and external customers. This role may require putting in a few extra hours at month end to hit our close date deadline.
- A curiosity to learn, grow, and develop to take on additional responsibilities.
Job Summary
Full Time
$50k-66k (estimate)
05/31/2024
07/17/2024
fenixspc.com
Minnetonka, MN
<25
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The job skills required for Accounts Receivable Associate include Accounts Receivable, Accounting, Billing, Bookkeeping, Account Reconciliation, Innovation, etc. Having related job skills and expertise will give you an advantage when applying to be an Accounts Receivable Associate. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Accounts Receivable Associate. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Accounts Receivable Associate positions, which can be used as a reference in future career path planning. As an Accounts Receivable Associate, it can be promoted into senior positions as an Accounts Receivable Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accounts Receivable Associate. You can explore the career advancement for an Accounts Receivable Associate below and select your interested title to get hiring information.
If you are interested in becoming an Accounts Receivable Associate, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Accounts Receivable Associate for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Accounts Receivable Associate job description and responsibilities
Receivable clerks also liaise with banks to verify electronic cash transfers and credit card payments.
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An Accounts Receivable Clerk prepares accounts receivable transactions and processes customer payments.
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Accounts Receivable Clerks correctly bill clients for goods or services.
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Typically, an Accounts Receivable Clerk works directly with customers to help them make the proper payments for goods and services.
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An Accounts Receivable Clerk reports to the Accounting and Administrative Manager to ensure customers make their payments on time.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Accounts Receivable Associate jobs
Anand Average accounts receivable can be calculated by taking an average of accounts receivable.
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Accounts receivable are often used as collateral for loans.
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Accounts Receivables Turnover Ratio may vary from business to business.
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Be Clear About Payment Deadlines.
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Generally accepted accounting principles (GAAP).
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Step 3: View the best colleges and universities for Accounts Receivable Associate.
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