Accounts Receivable

Job Description

Benefits:

401(k)

401(k) matching

Competitive salary

Dental insurance

Flexible schedule

Health insurance

Opportunity for advancement

Paid time off

Training & development

Vision insurance

Performance objectives:

Billing and Invoicing:

Generate and distribute accurate and timely invoices to customers.

Ensure invoices are processed correctly and in accordance with contractual agreements.

Accounts Receivable Management:

Monitor accounts receivable aging to identify overdue accounts and take appropriate actions for collections.

Reconcile accounts receivable ledger to ensure the accuracy and completeness of records.

Investigate and resolve discrepancies or issues related to customer payments.

Collections:

Develop and implement strategies for timely collections of outstanding receivables.

Contact customers to follow up on overdue payments and negotiate payment plans when necessary.

Escalate collection issues to management as needed.

Credit Management:

Evaluate the creditworthiness of new customers and establish appropriate credit limits.

Review and approve credit terms and conditions for existing customers.

Monitor credit exposure and assess risks associated with outstanding receivables.

Reporting and Analysis:

Prepare and analyze accounts receivable reports to track key performance metrics.

Provide regular updates to management on the status of accounts receivable and collections activities.

Process Improvement:

Identify opportunities for process improvements in billing, collections, and credit management.

Implement changes to streamline workflows and enhance efficiency within the accounts receivable function.

Compliance:

Ensure compliance with company policies, accounting standards, and regulatory requirements.

Maintain documentation and records in accordance with audit guidelines.

Capabilities / Key Competencies:

Strong management and supervisory skills.

Excellent written and verbal communication skills

Excellent organizational and time management skills

Proficient in accounting and tax preparation software

Proficient in Quickbooks

Education & Experience:

Bachelor's degree in Accounting, Finance, or related field.

Proven experience in accounts receivable management or related financial roles.

Strong understanding of accounting principles and practices.

Excellent communication and negotiation skills.

Proficiency in accounting software and MS Excel.

Attention to detail and ability to prioritize tasks effectively.

Knowledge of credit management and collections best practices.

Ability to work independently and collaboratively in a fast-paced environment.

Certifications (optional):

Certified Credit Executive (CCE)

Certified Receivables Specialist (CRS)

Physical Requirements:

Prolonged periods of sitting at a desk and working