Accounts Receivable Specialist
3 weeks ago
We are seeking a highly skilled Accounts Receivable Specialist to join our team at LHH Recruitment Solutions. As an Accounts Receivable Specialist, you will be responsible for the accurate and timely processing of accounts receivable transactions, including invoice generation, payment processing, account reconciliation, and collections. This is a contract-to-hire opportunity starting on-site for training with the opportunity for hybrid once hitting performance metrics.
Responsibilities:
- Process customer holds and account adjustments, credits, and finance charge write-off requests ensuring proper approvals obtained.
- Assist in processing customer E-Checks and conversion to ACH payment method.
- Set up new customer accounts in the accounting software ensuring all customer demographic information is correct.
- Assist in customer refunds by logging and tracking refund requests and status, following up with requesters where required.
- Participate in process improvement events to create efficiencies in the company's order-to-cash processes.
- Support customer collection efforts by monitoring account balances to identify overdue accounts and prioritize collections efforts, creating and sending customer invoices, statements, and form collection letters, preparing and presenting reports on collection targets to the AR Team and Operational Accounting Team, monitoring notes on customer accounts and following up with internal teams where necessary, and preparing reports for submission for external collection efforts.
Requirements:
- Proven working experience as Accounts Receivable and Collections.
- Solid understanding of basic accounting principles, fair credit practices, and collection regulations.
- Proven ability to calculate, post, and manage accounting figures and financial records.
- Data entry skills along with a knack for numbers.
- Hands-on experience with spreadsheets and proprietary software.
- Proficiency in MS Office.
- Customer service orientation and negotiation skills.
- High degree of accuracy and attention to detail.
Benefits:
- Medical, Dental, and Vision insurance.
- 401(k) with company match.
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