Accounting Specialist  

As an Accounting Receivables Specialist, you will be responsible for managing the accounts receivable process to ensure accurate and timely processing of customer payments and outstanding invoices. Your primary duties and responsibilities may include:

• Invoice Processing: Generate and distribute invoices to customers in a timely manner. Verify accuracy of billing information and resolve any discrepancies.
• Payment Processing: Record and reconcile customer payments received through various channels (e.g., checks, wire transfers, online payments). Apply payments to appropriate customer accounts and maintain accurate records of transactions.
• Accounts Reconciliation: Reconcile accounts receivable ledger to ensure that all payments are accounted for and properly posted. Investigate and resolve any discrepancies or issues with outstanding balances.
• Collections Management: Monitor overdue accounts and follow up with customers to collect outstanding payments. Work collaboratively with internal stakeholders and customers to resolve payment disputes and discrepancies.
• Credit Management: Assess creditworthiness of new customers and establish credit limits. Monitor and review existing credit accounts to identify potential risks and take appropriate actions to mitigate credit losses.
• Reporting and Analysis: Prepare regular reports and analysis of accounts receivable aging, cash flow, and other key metrics. Provide insights and recommendations to management to improve collection processes and optimize cash flow.
• Customer Service: Serve as a primary point of contact for customer inquiries and requests related to billing and accounts receivable. Provide exceptional customer service and support to resolve issues and maintain positive relationships with customers.
• Compliance: Ensure compliance with company policies, accounting standards, and regulatory requirements related to accounts receivable processes. Stay informed about changes in relevant laws and regulations and implement necessary updates to processes and procedures.
• Process Improvement: Identify opportunities for process improvements and efficiencies in accounts receivable operations. Implement best practices and automation solutions to streamline workflows and enhance productivity.
• Cross-functional Collaboration: Collaborate with internal departments, including sales, customer service, and finance, to facilitate communication and coordination of activities related to accounts receivable.

1. Bachelor's degree in accounting, finance, or a related field.
2. Proven experience (typically 2-3 years) working in accounts receivable or a similar financial role.
3. Strong understanding of accounting principles and practices.
4. Proficiency in relevant accounting software and Microsoft Excel.
5. Excellent analytical and problem-solving skills.
6. Detail-oriented with a high level of accuracy in data entry and financial records.
7. Effective communication skills, both written and verbal.
8. Ability to work independently and collaboratively within a team environment.
9. Strong organizational skills and ability to prioritize tasks effectively.
10. Knowledge of relevant laws, regulations, and compliance requirements related to accounts receivable.