AR/AP Financial Analyst

6 days ago


Auburn Hills, Michigan, United States DESTACO Full time
Job Summary

The Accounts Receivable and Accounts Payable Analyst is a key member of the financial team at DESTACO, responsible for supporting the completion of accounting processes and cycles. This role involves reviewing and completing daily transactions, invoicing, reconciliations, credit analysis, collection efforts, and customer and vendor communication in an accurate and timely manner.

Key Responsibilities
  • Process and post approved invoices, ensuring accuracy and compliance with company policies.
  • Review and process A/R credit requests, including credit memos for price protection, fees/rebates, customer chargebacks, and returns/shortages/overages.
  • Monitor and follow up on A/R aging, communicating with customers to collect outstanding invoices.
  • Resolve debit memos to invoice or re-invoice customers for approved adjustments, credit holds, or collection activity on assigned past-due accounts.
  • Manage accounts to assess risk and recover debt, reducing DSO goals through effective communication and negotiation with customers.
  • Collaborate with sales and senior management to accelerate dispute resolution processes.
  • Ensure accurate coding of invoices to the appropriate expense or balance sheet account.
  • Pay vendors, resolving purchase order, contract, invoice, or payment discrepancies, and maintaining vendor information in the AP system.
  • Analyze vendor accounts, reconcile statements, correct discrepancies, and update vendor information.
  • Perform accounts payable month-end close functions, including preparing monthly accruals, resolving open invoice listings, and reconciling general ledger distributions.
  • Interact with vendors, purchasing, and customer service departments, and manage W9 and 1099 processes.
  • Recommend and support continuous improvement initiatives in the finance department.
Leadership Competencies
  • Builds and manages collaborative relationships, establishing and nurturing relationships within DESTACO and the community.
  • Results-driven, producing results that exceed DESTACO's strategic objectives through planning and implementation.
  • Operates with high ethical standards, openness, and trust, fostering a culture that conducts business aligned with those standards.
Requirements
  • Requires 2+ years of experience in accounting, with experience in Accounts Payable/Customer Service or Collections.
  • Experience with creating and processing daily entries and reports, invoicing, or billing.
  • Demonstrated knowledge of accounting processes and cycles.
  • Experience with Microsoft Office products and ERP systems.

DESTACO is an equal opportunity employer and welcomes applications from diverse candidates. All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.


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