Accounts Receivable Specialist

$65,000 - $75,000/Yr

24 Seven - Hammonton, NJ

Full-time

Onsite - Hammonton, NJ

Administrative and Support Services

About the position

The Accounts Receivable Specialist will be responsible for managing the entire accounts receivable process, ensuring timely and accurate processing of invoices and payments. This role is crucial in maintaining positive cash flow and effective client relationships. The ideal candidate will have strong analytical skills, attention to detail, and the ability to work efficiently in a fast-paced environment. The position requires a proactive approach to managing accounts receivable, with a focus on accuracy and compliance with company policies and relevant accounting regulations. The specialist will play a key role in the financial health of the organization by ensuring that all receivables are collected in a timely manner and that any discrepancies are resolved quickly. This position also involves generating reports that provide insights into receivable aging, payment trends, and potential issues, which will be essential for strategic decision-making within the finance team.

Responsibilities

• Prepare and send out accurate and timely invoices to clients.
• Record and apply incoming payments, including checks, credit card transactions, and electronic transfers.
• Perform regular reconciliation of accounts receivable balances, identifying and resolving discrepancies.
• Monitor outstanding receivables and follow up with clients to ensure timely payment.
• Implement effective collection strategies and escalate issues as necessary.
• Generate and analyze accounts receivable reports to provide insights into receivable aging, payment trends, and potential issues.
• Address client inquiries and resolve billing issues promptly and professionally.
• Identify opportunities to streamline and improve accounts receivable processes and procedures.
• Ensure compliance with company policies and relevant accounting regulations.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred.
• Minimum of 2-4 years of experience in accounts receivable or a similar finance role.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Office Suite, particularly Excel.
• Strong attention to detail and accuracy in processing financial transactions.
• Excellent verbal and written communication skills, with the ability to interact professionally with clients and internal teams.
• Strong analytical and problem-solving skills, with the ability to interpret financial data and identify trends.
• Excellent organizational and time management skills, with the ability to handle multiple tasks and meet deadlines.
• Ability to work effectively both independently and as part of a team.