Accounts Receivable Specialist

Newly Weds Foods - Chicago, IL

Full-time

Chicago, IL

Food Manufacturing

About the position

The Accounts Receivable Specialist at Newly Weds Foods is responsible for managing and reconciling accounts receivable balances while actively pursuing the collection of outstanding payments. This role involves regular communication with customers and internal teams to resolve payment issues and ensure timely collection of dues.

Responsibilities

• Make collection calls for customer payment of past due invoices, log all correspondence, and follow up as required.
• Contact any and all accounts that are beyond terms a minimum of once a week.
• Follow up on deductions within 24 hours to secure repayment.
• Prepare weekly/monthly customer statements as required.
• Work with Sales team and the customer to collect customer late payments.
• Inform Management of any accounts that are a collection issue before they become uncollectable or bankrupt.
• Identify and resolve all short payments/deductions/overpayments clearly documenting all details and forward paperwork to the correct department for resolution assistance.
• Work with internal departments and customers on solving the issues creating the deductions so that they can be eliminated.
• Track short payments to enable thorough and timely follow up to expedite resolution.
• Arrange re-payment of short payments or request credit memos.
• Organize paperwork/documentation in appropriate files.
• Perform other duties or special projects as needed.

Requirements

• Requires a broad knowledge of accounting or related discipline equivalent to a 2 year college education or comparable experiential learning.
• Minimum of three years' experience in Accounts Receivable.
• Strong communication, analytical abilities and organization skills.
• General knowledge of Adobe applications, Microsoft Office and intermediate Excel skills.

Benefits

• Medical Insurance
• Prescription Drug Plan
• Dental/Vision Insurance
• Employee Incentive Plan
• Flexible Spending Account
• Cash Accumulation Plan-401K
• Life/AD&D Insurance
• Short- Term/Long-Term Disability
• Vacation Plan
• Paid Holidays
• Employee Assistance Program
• Adoption Assistance Program
• Tuition Reimbursement
• Maternity/Paternity Leave
• Pet Insurance