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Receivables Management Specialist
2 months ago
Location: Remote | Type: Full Time | Salary Range: Competitive
Position Summary: Conant Automotive Resources LLC is in search of a meticulous and committed Receivables Management Specialist to enhance our finance department. This role is pivotal in overseeing the entire accounts receivable function, ensuring precise and prompt invoicing along with the collection of payments from our clientele. The ideal candidate will exhibit exceptional organizational capabilities, a keen eye for detail, and strong communication skills to liaise effectively with clients and internal teams. This position presents a remarkable opportunity for career progression within a vibrant and growing organization.
Key Responsibilities:
Accounts Receivable Management:
- Accurately generate and dispatch invoices to clients in a timely manner.
- Monitor the aging of accounts receivable to facilitate prompt payment collection.
- Engage with overdue accounts and negotiate payment arrangements as necessary.
Cash Application:
- Ensure accurate application of cash receipts to customer accounts and reconcile any discrepancies.
- Investigate and resolve any payment discrepancies and billing issues in a timely manner.
Client Relations:
- Foster positive relationships with clients by addressing inquiries and resolving billing discrepancies.
- Deliver outstanding customer service in handling billing-related concerns.
Collections Management:
- Track overdue accounts and initiate collection actions as required.
- Prepare and send reminders and statements to clients with overdue accounts.
Reporting and Analysis:
- Compile weekly, monthly, and quarterly accounts receivable reports.
- Analyze aging reports and trends to predict cash flow and identify potential challenges.
Account Reconciliation:
- Reconcile the accounts receivable ledger to ensure all payments are accounted for and accurately posted.
- Address any discrepancies or issues related to customer payments and invoices.
Process Enhancement:
- Identify and implement opportunities to optimize accounts receivable processes for improved efficiency.
- Adopt best practices to enhance accuracy and effectiveness in invoicing and collections.
Qualifications:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field is preferred.
- Demonstrated experience as an Accounts Receivable Specialist or in a comparable role.
- Strong understanding of accounts receivable principles, practices, and procedures.
- Familiarity with accounting software and ERP systems (e.g., SAP, Oracle) is preferred.
- Excellent numerical and data entry skills with a strong attention to detail.
- Robust analytical and problem-solving skills.
- Effective communication and interpersonal skills with a focus on customer service.
- Ability to work both independently and collaboratively within a team environment.
Benefits:
- Competitive salary along with a comprehensive benefits package.
- Opportunities for professional development and career advancement.
- Health, dental, and vision insurance options available.
- Paid time off including vacation, sick leave, and holidays.
- Retirement savings plan (401k) with company matching.
- Employee discounts and wellness initiatives.
If you possess a proven track record in accounts receivable and are dedicated to maintaining accurate financial records, ensuring timely collections, and delivering exceptional customer service, we invite you to consider the Receivables Management Specialist position. Join our team and play a vital role in managing accounts receivable effectively, contributing to the financial health and stability of our organization.
