Accounts Receivable Specialist

$41,600 - $52,000/Yr

Vaco - Louisville, KY

Full-time

Louisville, KY

Administrative and Support Services

About the position

Vaco is seeking an Accounts Receivable Specialist to join a dynamic team in Louisville, Kentucky. This role is crucial for maintaining the financial health of the organization by ensuring that all accounts receivable transactions are processed accurately and efficiently. The Accounts Receivable Specialist will be responsible for managing incoming payments, processing financial transactions, and maintaining accurate financial records in compliance with established policies and procedures. This position requires a detail-oriented individual who can handle multiple tasks while ensuring accuracy in financial reporting. In this role, the Accounts Receivable Specialist will perform day-to-day financial transactions, which include verifying, classifying, computing, posting, and recording accounts receivable data. The specialist will prepare bills, invoices, and bank deposits, ensuring that all financial documentation is accurate and timely. Additionally, the specialist will reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted. This includes verifying discrepancies and resolving clients' billing issues to facilitate timely payment of invoices. The Accounts Receivable Specialist will also generate financial statements and reports detailing the status of accounts receivable, providing insights into the financial standing of the organization. This position is essential for maintaining positive relationships with clients by sending bill reminders and contacting them regarding outstanding invoices. The ideal candidate will have a solid understanding of basic accounting principles, fair credit practices, and collection regulations, along with proven experience in accounts receivable management.

Responsibilities

• Process accounts and incoming payments in compliance with financial policies and procedures
• Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables' data
• Prepare bills, invoices and bank deposits
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted
• Verify discrepancies and resolve clients' billing issues
• Facilitate payment of invoices due by sending bill reminders and contacting clients
• Generate financial statements and reports detailing accounts receivable status

Requirements

• Proven working experience in Accounts Receivable (2+ years)
• Solid understanding of basic accounting principles, fair credit practices and collection regulations
• Proven ability to calculate, post and manage accounting figures and financial records
• Heavy Excel experience (pivot tables, lookups, etc.)