Intel - Waukegan, IL
posted 4 months ago
The Accounts Receivable & Collections role is a key member of the accounting team, focusing on supporting Accounts Receivable by ensuring timely collections and accurate processing of customer accounts. This position is essential for maintaining vendor accounts and supporting various administrative and accounting tasks. The successful candidate will be responsible for providing A/R Aging reports with constant updates on collection efforts, preparing a Net sales tracker twice a week with corresponding backup information, and providing weekly cash estimates for cash flow purposes. In addition to these responsibilities, the role involves making outbound collection calls or sending emails in a professional manner while maintaining and improving customer relations. The candidate will process new credit applications, follow up on pending applications, and handle all debit and credit adjustments to customer accounts as needed. Other duties include managing miscellaneous billings, running aging reports, and performing data entry in the ERP system to track payment activity. The role also requires verifying and maintaining bank information for ACH/wire payments, updating the system with sales and customer information, daily invoicing of customer orders, and preparing information for accounts to be sent to collections. The position demands keeping accurate records and reporting on collection activity, supporting the preparation of 1099s, and maintaining digital records. The candidate will also be expected to provide supporting documentation for audits and perform any other duties as assigned by the manager. This role is crucial for ensuring the financial health of the organization by managing accounts receivable effectively and efficiently.