Accounts Receivable Accountant

$49,894 - $81,077/Yr

Va Dept Of Transportation - Richmond, VA

posted 11 days ago

Full-time - Mid Level
Richmond, VA
Support Activities for Transportation

About the position

The Accounts Receivable Accountant at the Virginia Department of Transportation (VDOT) plays a crucial role in managing the financial transactions related to non-federal project receivables. This position is responsible for accurate billing, collection efforts, and reporting in compliance with state and agency policies. The role requires effective communication with internal and external customers, ensuring timely resolution of billing issues, and maintaining organized documentation for financial activities.

Responsibilities

  • Record, report, bill, and collect on outstanding non-federal project receivables and other debts owed to VDOT.
  • Ensure accurate and timely billing and collection efforts consistent with applicable State and VDOT policies and procedures.
  • Correspond with VDOT personnel and vendors regarding collections.
  • Complete assigned reconciliations on a monthly, quarterly, or yearly basis as required.
  • Review and process requests from Districts and other VDOT Departments for accurate and timely billing.
  • Maintain supporting documentation in an orderly fashion for easy retrieval.
  • Monitor and maintain accounts placed with In House Collections, the Office of the Attorney General, Department of Taxation, and/or third-party collection agencies.
  • Exhibit professionalism and courtesy in all interactions with internal and external customers.
  • Research, analyze, and report on financial transactions or customer files as needed or requested.
  • Develop and perform compliance reviews on accounting transactions and documents to ensure adherence to VDOT and State policies and procedures.

Requirements

  • Ability to gather, analyze data and prepare technical reports.
  • Skill in performing mathematical calculations.
  • Knowledge of Generally Accepted Accounting Principles (GAAP).
  • Understanding of State, Federal, and agency policies and procedures regarding collections and maintenance of applicable internal controls.
  • Experience in providing and promoting excellent customer service and financial support to internal and external customers.
  • Skill in the use of computers and software applications including MS Office products (e.g., Word, Excel, and Access).
  • Ability to communicate effectively, orally and in writing.
  • Ability to perform in-depth financial reconciliations.

Nice-to-haves

  • A combination of training, experience, or education in Accounting, Business Administration, or a related field is desired.
  • Accounting experience to include accounts receivable and collection practices.

Benefits

  • Competitive salary range of $49,894 - $81,077 per year.
  • Potential eligibility for telework opportunities after onboarding.
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