Accounts Receivable Specialist

$43,680 - $49,920/Yr

Nesco Resource - Columbus, OH

Full-time

Columbus, OH

Administrative and Support Services

About the position

Nesco Resource is seeking an Accounts Receivable Specialist to join a growing company in Columbus, OH. The selected candidate will play a crucial role in managing the Accounts Receivable process, which includes cash application, invoice management, and AR Aging review. This position requires a detail-oriented individual who can ensure the accurate and timely application of customer payments, as well as handle various aspects of customer accounts, including deductions, short payments, and credit requests. The Accounts Receivable Specialist will also be responsible for ensuring compliance with company operations and applicable laws, regulations, and standards. In this role, the Accounts Receivable Specialist will engage with team members to promote continuous improvement and will handle intercompany accounts during month-end close. This includes creating memo bills and managing collection and payment applications. The specialist will reconcile customer accounts, process refund requests, and contact customers regarding past due balances. Additionally, the role involves monitoring customer requests and deductions, preparing disputed transactions for credits and returns, and applying monthly rebate credits to deductions for sales. The Accounts Receivable Specialist will also be responsible for posting cash receipts to customer accounts, ensuring that cash batches are balanced properly, and keeping customer accounts up to date for the finance team to facilitate accurate monthly reporting functions. This position is essential for maintaining the financial health of the company and ensuring that customer accounts are managed effectively and efficiently.

Responsibilities

• Ensuring the accurate and timely application of customer payments via auto-cash and manual postings
• Responsible for a portion of the total AR portfolio for customer deductions, short payments, and credit requests
• Engage others, promote, and focus on continuous improvement
• Ensuring compliance of Company operations to all applicable laws, regulations and standards, good business practices and company documented practices are adhered to
• Handles intercompany accounts during month end close creating memo bills and collection and payment application
• Reconciles customer accounts along with processing customer refund requests
• Contacts customers on past due disputed balances via phone or email to request additional information or payback
• Responsible for large distributor accounts in the collection of past due invoices, disputed balances, and resolution of aged balances
• Monitor and respond to customer requests and deductions
• Prepare disputed transactions for credits and returns
• Application of monthly rebate credits to deductions for sales
• Post Cash/Receipts to customer accounts via either manual or automated, assuring that cash batches are balanced properly
• Ensures that customer accounts are up to date for the finance team to accurately perform monthly reporting functions

Requirements

• Two to three years data entry experience required (experience in Oracle NetSuite or A/R is a plus)
• One year finance / credit and collections experience
• Strong attention to detail
• Working knowledge of MS applications (particularly Excel)
• Excellent organizational skills
• Analytical and problem-solving skills required
• Effective verbal, written and listening communication skills required
• Ability to multi-task while maintaining data integrity
• Ability to work under pressure
• Self-motivated and possesses the ability to complete tasks on-time and with little supervision
• Material requirements planning (MRP) system proficiency