Process customer payments: Apply payments received through electronic transfers, checks, and other methods to the correct customer accounts and invoices.
Reconcile accounts: Perform daily, weekly, and monthly reconciliations to ensure all cash receipts are accounted for and match bank statements.
Investigate and resolve discrepancies: Research and resolve issues like unapplied cash, short payments, and overpayments.
Generate reports: Create and distribute reports on cash application, account status, and outstanding balances for management and other stakeholders.
Assist with audits: Provide necessary data and documentation to internal and external auditors.
Handle adjustments: Process adjustments for cash in advance, discounts, and other related entries.
Maintain documentation: Update and maintain AR cash application procedures and other relevant documentation.
Collaborate with teams: Work with other departments, banks, and customers to resolve payment issues and improve the auto-cash application process.

Basic understanding of accounting and bookkeeping principles is essential.
Proficiency with accounting software
Strong organizational, time management, and analytical skills are necessary.
The ability to accurately match payments to invoices and reconcile accounts is crucial.
A proactive approach to identifying and resolving issues is key.

Account Receivable Executive

Key skills