Accounts Receivable & Retainer Administration Specialist at Control Risks
Texas, Texas, USA -
Full Time


Start Date

Immediate

Expiry Date

09 Dec, 26

Salary

0.0

Posted On

10 Sep, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Yes

Skills

Industry

Accounting & Tax Services

Description

About the job

We are seeking a motivated and detail-oriented Accounts Receivable & Retainer Administration Specialist to join our Finance Shared Services Centre. The role is responsible for supporting the administration, reconciliation and allocation of insurance retainer accounts, with a particular focus on one client.


The successful candidate will help ensure retainer receipts are accurately processed, reconciled and allocated in Microsoft Dynamics 365 (D365), while supporting ongoing process improvements and automation. Approximately 50% of the role will be dedicated to our client retainer administration, with the remaining time supporting wider Accounts Receivable activities, including cash allocation, query resolution, collections support and month-end requirements.


To all recruitment agencies: Control Risks does not accept speculative agency resumes. Please do not forward resumes to our jobs alias, Control Risks employees or any other company location. Control Risks is not responsible for any fees related to unsolicited resumes. Control Risks will only accept CV's from the partners with relevant agreement via the People and Talent team only.


Requirements


What You'll Do:


Client retainer administration



  • Review and manage incoming retainer remittances received through our clients mailbox.
  • Review automated journal templates and complete the manual processing required in D365.
  • Prepare, validate, submit and post cash allocation journals, ensuring the appropriate approval workflow and supporting evidence are in place.
  • Process ledger settlements, customer account allocations and foreign exchange adjustment journals where required.
  • Reconcile retainer balances and investigate discrepancies between remittances, declarations, customer accounts and ledger records.
  • Maintain accurate remittance files, journal support, allocation records and audit evidence.
  • Raise and manage allocation queries with relevant internal stakeholders and external contacts, following outstanding items through to resolution.
  • Maintain query trackers and ensure the status of open and completed items is clear and up to date.
  • Support continuous improvement and automation initiatives relating to retainer administration.
  • Follow documented controls, approval requirements and work instructions.


Wider Accounts Receivable support (non-retained client)



  • Support cash allocation activities across additional customer accounts and business units.
  • Monitor and investigate unapplied cash, unmatched receipts and aged balances.
  • Assist with customer account reconciliations and the resolution of payment or allocation issues.
  • Support credit control and debt collection activities as required, including customer follow-up by telephone and email.
  • Respond to internal and external queries professionally and within agreed timescales.
  • Assist with month-end activities, reporting requirements and audit requests.
  • Maintain accurate and complete records in D365 and supporting systems.
  • Identify opportunities to improve efficiency, controls, documentation and customer service across AR.
  • Provide flexible cover across the wider AR team during peak workload, absence and periods of change.


Responsibilities
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