Accounts Receivable (A/R) Specialist

Special Olympics - Washington, DC

Full-time

Washington, DC

Social Assistance

About the position

The Accounting Receivable (A/R) Specialist at Special Olympics is responsible for the accurate and timely application and posting of customer payments, including checks, ACH, wire, and credit card receipts. This role supports the Finance department with various activities, including month-end and year-end closing tasks, while maintaining a high level of accountability and attention to detail. The position reports to the Director, Grants and Awards.

Responsibilities

• Open in-house mail and record all associated deposits daily via the bank remote deposit system.
• Ensure related activity is recorded on the shared drive and prepare journal entries within 2 business days.
• Identify and assign all incoming wires, credit card contributions, other deposits, and returned items in a timely manner.
• Assist the Staff Accountant with invoicing specific customers as requested by other SOI departments.
• Notify and record bank adjustments including service fees, interest, NSF's, etc.
• Record daily bank to bank transfers.
• Process and record credit card transactions.
• Provide weekly updates on the status of cash receipts and daily deposits, and communicate major gifts to related departments.
• File and maintain GL files in both paper and electronic form.
• Research and respond to any cash receipt inquiries from staff.
• Assist with the preparation of monthly schedules and other account reconciliations as directed.
• Support department efforts to identify and implement business process improvements related to banking, receipt processing, invoicing, and other accounting operations.
• Provide ad hoc reports and perform other duties as assigned.

Requirements

• Degree in Accounting or Finance preferred, or equivalent experience.
• 1-3 years of related work experience.
• Demonstrated experience in a complex accounting department.
• Strong organizational skills.
• Strong attention to detail.
• Strong verbal and written communication skills and ability to work within a growing and fast-paced department.
• Excellent computer skills and ability to learn new systems quickly.
• Display teamwork skills.

Nice-to-haves

• Knowledge of MS Dynamics NAV a plus, but not required.
• Some general knowledge and/or working experience with financial accounting operations.
• Demonstrated exceptional customer service in previous positions.