Accounts Receivable Specialist

Overview: An Accounts Receivable Specialist plays a crucial role in managing the financial transactions of a company by ensuring accurate and timely collection of payments owed by customers. This position requires meticulous attention to detail, strong organizational skills, and proficiency in financial software and systems.

Responsibilities:

• Invoice Processing:
  
  

Generate and send invoices to customers based on sales contracts or agreements.

Verify the accuracy of billing data and resolve any discrepancies.

Maintain updated records of invoices sent and payments received.

• Payment Collection:
  
  

Follow up on outstanding payments through email, phone calls, or other communication channels.

Negotiate payment plans or settlements with customers as necessary.

Monitor accounts to identify overdue payments and take appropriate actions.

• Reconciliation:
  
  

Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted.

Investigate and resolve any discrepancies or issues related to payments or billing.

• Customer Communication:
  
  

Respond to customer inquiries regarding invoices, payments, and account balances.

Provide excellent customer service and build strong relationships with clients to facilitate timely payments.

• Reporting:
  
  

Prepare regular reports on accounts receivable status, aging analysis, and cash flow projections.

Provide insights and recommendations to management based on analysis of receivable data.

• Process Improvement:
  
  

Identify opportunities to streamline accounts receivable processes and improve efficiency.

Collaborate with cross-functional teams to implement changes and enhancements.

Requirements:

1 – 2 years working in accounts receivable or related role.

Strong organizational skills.

Experience with Excel.

Excellent communication and interpersonal skills.

Ability to prioritize tasks and manage time effectively in a fast-paced environment.

Attention to detail and accuracy in data entry and record-keeping.

Analytical mindset with problem-solving abilities.

The above job description serves as a general outline for the responsibilities and requirements of an Accounts Receivable Specialist. Actual duties may vary depending on the specific needs and structure of the organization.

Benefits:

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Time Off

Salary: BASED ON EXPERIENCE