Accounts Receivable Specialist
Port Elizabeth, New Jersey, United States of America
Full Time
2 days ago
No H1B
Key skills
Communication
About this role
Role Overview
- Generate and send accurate and timely invoices to customers, ensuring adherence to billing schedules and terms
- Ensure that all incoming payments are accurately and promptly applied to the appropriate customer accounts
- Monitor and follow up on outstanding balances and past due accounts
- Gather and verify invoices for appropriate documentation prior to payment
- Ensure that incoming payments are applied accurately in accordance with the customer remittance
- Reconcile accounts receivable ledger to ensure that all payments are accounted for and properly posted
- Act as a primary point of contact for customer inquiries and discrepancies related to accounts receivable
- Respond promptly and professionally to resolve issues and maintain positive customer relationships
- Implement collection strategies to minimize outstanding receivables and reduce delinquency
- Contact customers to secure payment on overdue accounts, escalating issues as necessary
- Prepare regular reports on accounts receivable status, including aging analysis, cash flow projections, and collection effectiveness metrics
- Provide insights and recommendations to management based on analysis of receivables data
- Generating reports and statements for internal use on a weekly basis
- Identify opportunities for process improvements and efficiency gains in the accounts receivable function
- Collaborate with cross-functional teams to implement changes and streamline workflows
- Ensure compliance with company policies, accounting principles, and regulatory requirements related to accounts receivable processes.
Requirements
- Grade 12
- Bachelor's degree in Accounting, Finance, or related field preferred
- Proven experience in accounts receivable, billing, or related financial role
- Strong understanding of accounting principles and practices
- Proficiency in accounting software and Microsoft Excel
- Excellent communication and interpersonal skills
- Ability to adjust to diverse ideas, impressions, schemes, and tactics from individuals.
Benefits
- Flexible work arrangements