Accounts Receivable Analyst

Iab Solutions - Milford, CT

Full-time - Entry Level

Milford, CT

Administrative and Support Services

About the position

IAB Solutions LLC is seeking a motivated and detail-oriented Accounts Receivable Analyst to join our dynamic team in Milford, CT. This full-time position is ideal for individuals who are eager to learn and grow within the accounts receivable field. As an Accounts Receivable Analyst, you will play a crucial role in supporting our clients by researching and resolving accounts receivable issues, particularly in the area of deductions. Our company prides itself on fostering a collaborative and data-driven environment, where you will have the opportunity to contribute directly to the success of both our clients and your own career development. In this role, you will be trained to become an expert in identifying recovery opportunities and validating deductions. You will work closely with clients, utilizing your problem-solving skills to submit disputes and analyze data gathered through IT automation and your own research. The position requires excellent organizational skills, the ability to juggle multiple tasks, and a polite persistence in following up on outstanding deductions. You will be part of a small team that ensures you receive the attention and support needed to thrive in your role. The Accounts Receivable Analyst will report to a Project Manager and will be responsible for maintaining accurate data on proprietary IAB systems and client web portals. You will meticulously analyze customer remittances and deduction documentation, ensuring high standards of business ethics in all communications and work activities. This position offers a unique opportunity for career growth, as IAB Solutions has a proven track record of promoting from within, making it an excellent choice for both entry-level candidates and those with some experience in the field.

Responsibilities

• Research and resolve accounts receivable pain points related to deductions.
• Validate and monetize deductions for clients.
• Identify recovery opportunities by submitting disputes on behalf of clients.
• Analyze data gathered through IT automation and personal research.
• Maintain accurate data on proprietary IAB systems and client web portals.
• Meticulously analyze customer remittances and deduction documentation.
• Communicate extensively via email and occasionally by phone with clients and customers.
• Handle multiple responsibilities while adhering to high standards of business ethics.

Requirements

• High School Diploma or equivalent.
• Good verbal and written communication skills.
• Highly motivated, organized, reliable, and detail-oriented.
• Ability to work independently and within a team environment.
• Strong analytical and problem-solving skills.
• Ability to learn quickly in a fast-paced, innovative environment.
• Proficiency in Microsoft Excel preferred, but not required.
• A/R deduction knowledge is a plus, but not expected.
• Experience in SAP or other ERP systems is a plus, but not expected.
• Must maintain client confidentiality.

Nice-to-haves

• Experience in accounts receivable or deductions is a plus, but not required.
• Familiarity with SAP or other ERP systems is a plus.

Benefits

• Health, Dental, and Vision Insurance
• Company Paid Life Insurance
• 401k with Match
• Discretionary Incentive Bonuses
• Yearly Compensation Review
• Paid Vacation and Holidays
• Excellent Opportunities for Career Growth
• Tuition Reimbursement