Accounts Receivable Specialist

4 weeks ago


Minneapolis, Minnesota, United States Addison Group Full time
Job Overview

We are seeking a skilled AR/Collections Specialist to manage the accounts receivable process for assigned clients, ensuring timely and accurate collection of outstanding invoices.

The ideal candidate will have a strong background in the manufacturing or construction sectors, B2B collections, deductions, cash applications, and more.

This exciting full-time opportunity offers competitive compensation of up to $27/hr, commensurate with relevant experience.

Key Responsibilities
  • Manage the accounts receivable process for assigned clients, ensuring timely and accurate collection of outstanding invoices.
  • Conduct collections activities, including contacting customers via phone, email, and mail to follow up on overdue payments and resolve payment discrepancies.
  • Review and analyze customer accounts to identify delinquent accounts and prioritize collection efforts.
  • Process cash receipts and apply payments to customer accounts accurately and efficiently.
  • Investigate and resolve billing issues, disputes, and discrepancies with customers and internal stakeholders.
  • Maintain accurate records of collection activities and customer interactions in the company's database or accounting system.
  • Prepare and distribute regular reports on accounts receivable aging, collections status, and cash flow projections.
  • Collaborate with sales, customer service, and finance teams to resolve customer inquiries and address any issues impacting collections.
  • Develop and maintain positive relationships with customers to facilitate prompt payment and minimize collection efforts.
  • Stay updated on industry best practices and regulations related to accounts receivable and collections processes, ensuring compliance with company policies and procedures.
Requirements
  • Proven experience working in accounts receivable, collections, or a related financial role, preferably in a manufacturing or B2B environment (2+ years' experience).
  • Strong knowledge of accounts receivable principles, collection techniques, and cash application processes.
  • Excellent communication skills, both verbal and written, with the ability to effectively communicate with customers and internal stakeholders.
  • Demonstrated proficiency in using accounting software and Microsoft Office applications, particularly Excel, for data entry, analysis, and reporting.


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