Accounts Receivable Associate

Cumming Group - Murrieta, CA

Full-time - Entry Level

Murrieta, CA

11-50 employees

Insurance Carriers and Related Activities

About the position

At Cumming Group, you will work on some of the world's most exciting projects in a dynamic environment where your success is measured by the impact you make. We are one of the fastest-growing project and cost management consultancies in the United States, as reflected in our top 20 rankings in ENR. With over 50 offices globally, an extremely diverse project portfolio, and double-digit year-over-year revenue growth, the opportunities to make your mark are limitless! As an Accounts Receivable Associate, you will play a crucial role in managing the financial aspects of our projects, ensuring that invoicing and accounts receivable processes are executed efficiently and accurately. You will be responsible for analyzing, maintaining, and tending to monthly invoicing and Accounts Receivable ledgers, identifying problem accounts, and facilitating resolutions. Your role will also involve streamlining processes to increase organizational efficiency and assisting in training and coaching the billing team on AR processes. You will maintain financial security by adhering to revenue recognition policies and generating statistical management reports to operations. Compliance with accounting and financial regulations and policies is essential, as is assisting in cash application of receivables due. You will analyze and review contracts, purchase orders, and change orders to validate the accuracy of project setup and billing, and assist with tracking of subconsultants. Additionally, you will field questions from Project Managers and Collections Specialists about the status of invoices, perform report analysis using Excel and integrated accounting systems, audit and reconcile account balances, receipts, and expense claims, and prepare documentation for input into the computerized accounting system. Your responsibilities will also include assisting in audits as necessary, preparing reports, and responding to inquiries from auditors, closing out completed contracts in accounting software, and performing related duties as assigned, including document filing and storage.

Responsibilities

• Analyze, maintain, and tend to monthly invoicing and Accounts Receivable ledgers.
• Identify problem accounts and facilitate resolutions.
• Streamline processes to increase organizational efficiency.
• Assist in training/coaching the billing team and operation on AR Processes.
• Maintain financial security by adhering to revenue recognition policies.
• Generate and distribute statistical management reports to operations.
• Ensure compliance with accounting and financial regulations and policies.
• Assist in cash application of receivables due.
• Analyze and review contracts, purchase orders, and change orders to validate accuracy of project setup and billing.
• Assist with tracking of subconsultants.
• Field questions from Project Managers and Collections Specialists about the status of invoices.
• Perform report analysis using Excel and integrated accounting systems.
• Audit and reconcile account balances, receipts, and expense claims; balance against reports and invoices.
• Prepare documentation for input into computerized accounting system.
• Assist in audits as necessary; prepare reports and respond to inquiries from auditors.
• Close-out completed contracts in accounting software.
• Perform related duties as assigned, including document filing and storage.

Requirements

• Exceptional billing experience highly preferred.
• Experience processing a high volume of transactions.
• Recent experience using integrated accounting systems such as MAS200, Deltek, or Great Plains (not just QuickBooks).
• Experience within the Construction Industry preferred.
• Experience with accounts payable and expense reporting processing.
• Experience with posting journal entries to the general ledger and general accounting administrative duties.
• Intermediate to Advanced skill level with Excel.
• Team player with solid interpersonal skills.
• Accurate and organized, strong problem-solving skills.

Nice-to-haves

• AA degree with an accounting major
• 4 years of equivalent billing specific experience
• Accounting Certification