Accounts Receivable Specialist

$60,000 - $70,000/Yr

Vaco - Raleigh, NC

posted 6 months ago

Full-time
Raleigh, NC
Administrative and Support Services

About the position

The Accounts Receivable Specialist is a vital role within the finance department, responsible for ensuring the daily operational efficiency of all Accounts Receivable activities. This position requires a detail-oriented individual who can manage various financial transactions and maintain accurate records. The specialist will handle incoming inquiries, process daily transactions including checks, credit cards, ACH payments, customer refunds, chargebacks, credit/debit memos, and prompt pay discounts. Additionally, the role involves posting customer payments, reconciling intercompany transactions, and monitoring Accounts Receivable aging to research account issues promptly. In this position, the Accounts Receivable Specialist will maintain vendor relationships for invoicing and ensure that payments received are accurately applied on a daily basis. The specialist will also support the month-end close process by preparing chargeback notifications, ending inventory reports, and performing account reconciliations. Creating and uploading invoices to the General Ledger (GL) system is another critical responsibility, along with handling ad hoc projects and reporting as needed. The role requires collaboration with other departments, including Accounts Payable (AP), to assist with weekly check runs and ensure smooth financial operations across the organization. To be successful in this role, the Accounts Receivable Specialist must possess strong analytical skills, a thorough understanding of GAAP accounting standards, and proficiency in Microsoft Office Suite, particularly Excel and Word. Experience with large ERP systems is also essential, as is a commitment to maintaining accuracy and attention to detail in all financial transactions.

Responsibilities

  • Manage incoming inquiries
  • Process daily transactions including checks, credit cards, ACH, customer refunds, chargebacks, credit/debit memos, and prompt pay discounts
  • Post customer payments (cash, check, credit card transactions)
  • Reconcile intercompany transactions
  • Monitor Accounts Receivable aging for status and research account issues in a timely manner
  • Maintain vendor relationships for invoicing
  • Accurately apply payments received daily
  • Support the month-end close, prepare chargebacks notifications and ending inventory reports, and account reconciliations
  • Create and upload invoices to the GL system
  • Handle ad hoc projects and reporting as needed
  • Work cross-functionally with other departments throughout the organization, including AP
  • Assist with weekly check runs as needed

Requirements

  • 2+ years of Accounts Receivable experience
  • Bachelor's Degree in Accounting or a related field preferred
  • Highly proficient in Microsoft Office Suite, specifically Excel and Word
  • Experience using large ERP systems
  • Understanding of GAAP accounting standards
  • Detail-oriented
  • Knowledge of billing and credits
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