Radius Recycling - Portland, OR
posted 3 months ago
The Accounts Receivable Specialist plays a crucial role in managing the daily cash posting of payments received by the company. This includes the posting of lockbox checks, incoming wires, and daily cash receipts. The specialist is responsible for ensuring that all payments are accurately applied to the appropriate customer accounts and invoices based on the remittance information provided by customers. This position requires a keen attention to detail and a strong understanding of accounting principles to maintain accurate records and documentation. In addition to daily cash posting, the Accounts Receivable Specialist will monitor unapplied cash and work to keep the balance to a minimum. This involves collaborating with accounting staff to apply miscellaneous receipts on a monthly basis. The specialist will also assist in preparing monthly compliance reports related to international sales and receipts, ensuring that all financial activities are documented and compliant with regulations. The role requires effective communication with Customer Accounts Payable personnel, Division Accounting personnel, and yard personnel to research and resolve discrepancies in a timely manner. The specialist will complete miscellaneous adjustments as necessary due to price and weight discrepancies and will prepare and track all necessary documents for over/under payments. Additionally, the Accounts Receivable Specialist will assist in month-end close activities and support various accounts receivable-related projects as requested. The position also includes responsibilities related to the company's Anticorruption Program, ensuring compliance with the Anticorruption manual and controls. The specialist will be involved in the ongoing design, assessment, implementation, communication, and monitoring of the organization's internal controls in accordance with regulations and laws. Marginal duties include maintaining files and filing, as well as supporting the Credit Administrator when needed.