POSITION DESCRIPTION:

The Accounts Receivable role plays a vital part in the financial operations of the company. The primary responsibility of an accounts receivable professional is to ensure the timely and accurate collection of payments from customers. This position requires strong attention to detail, excellent communication skills, and the ability to work collaboratively with internal teams and external clients. The accounts receivable professional will support the finance department by managing the invoicing process, tracking customer payments, and resolving any issues or disputes that may arise.

REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES:

• Strong attention to detail and ability to work with numbers accurately.
• Excellent written and verbal communication skills to effectively interact with customers and internal teams.
• Proficiency in using accounting software and Microsoft Office Suite, particularly Excel, for data entry, analysis, and reporting.
• Strong problem-solving skills to identify and resolve payment discrepancies or issues.
• Ability to prioritize tasks and manage time effectively to meet deadlines.
• Excellent organizational skills and ability to maintain accurate and up-to-date records.
• Knowledge of accounting principles and understanding of accounts receivable processes.
• Ability to work independently and collaboratively within a team environment.
• Familiarity with SAP is a plus.
• Strong problem-solving skills.
• Attention to detail.
• Bachelor’s degree in finance, accounting, or a related field preferred

NOTE:

Job descriptions aim to provide accurate overviews of roles without exhaustive detail. They serve as reference points for fair pay considerations.

• Ensure that invoices are prepared and sent to customers in a timely and accurate manner, based on sales orders and contracts.
• Monitor customer accounts to ensure that payments are correctly applied and received in a timely fashion.
• Utilize various communication channels, such as phone calls, emails, and letters, to follow up with customers and collect outstanding payments.
• Investigate and resolve any payment discrepancies or disputes in a professional and timely manner.
• Work closely with the sales team and other internal stakeholders to address customer concerns and ensure that issues are resolved promptly.
• Keep accurate records of customer interactions and transaction details within the accounting system.
• Distribute monthly statements to customers to keep them informed of their outstanding balances.
• Generate financial reports related to accounts receivable, including aging reports, cash collections, and bad debt analysis.
• Collaborate with the credit department to assess the creditworthiness of new and existing customers and establish appropriate credit limits.
• Assist with month-end and year-end closing activities by preparing reconciliations and reports for management.