Accounts Receivable Specialist

$58,240 - $64,480/Yr

Vaco - Los Angeles, CA

posted 3 months ago

Full-time
Remote - Los Angeles, CA
Administrative and Support Services

About the position

Vaco Los Angeles is seeking an experienced and talented Accounts Receivable (AR) and Cash Application Specialist to join one of our client's dynamic accounting teams. This role is essential for ensuring the smooth operation of accounts receivable processes and requires a basic understanding of accounting principles, standard accounts receivable procedures, and payment processing. The ideal candidate will possess a positive attitude and a willingness to learn and grow within the organization. This position offers a competitive pay rate of up to $34 per hour and is fully remote, making it an excellent opportunity for those looking to work from home. Experience with NetSuite and cash application processes is a must for this role. In this position, you will be responsible for ensuring that collectors are making sufficient outbound calls to delinquent customer accounts. You will support the collection and cash application teams by providing escalations and guidance as needed. Collaboration across various functions within the organization is crucial to resolve issues effectively. You will also review and recommend accounts for research and reconciliation, perform collection activities as an active member of the collection team, and provide coaching to team members. Additionally, you will review requests for accuracy, completeness, and justification, including credit memos, refunds, and payment adjustments. Establishing and reviewing collection metrics daily will be part of your responsibilities to adjust individual and team priorities accordingly. Keeping the AR management team informed about issues and concerns that affect team productivity and performance is also essential. You will assign tasks to team members based on planned and unplanned absences to ensure an equitable workload.

Responsibilities

  • Ensure collectors are making sufficient outbound calls to delinquent customer accounts
  • Support collection and cash application teams with escalations and guidance
  • Work cross-functionally within the organization to resolve issues
  • Review and recommend accounts for research and reconciliation
  • Perform collection activities as a hands-on member of the collection team
  • Provide coaching to the collection team
  • Review requests for accuracy, completeness, and justification - Credit memo, refunds, and payment adjustments
  • Establish and review collection metrics daily to adjust individual and/or team priorities
  • Keep AR management team abreast of issues and concerns that affect team productivity and performance
  • Assign tasks to team members based on planned and unplanned absences to ensure workload remains equitable.

Requirements

  • Associate degree in Accounting/Finance (Preferred)
  • Understanding of basic accounting principles including accounts receivables, accounts payable, invoicing, credits, debits, chargebacks, and credit terms
  • Demonstrated experience in implementation AR and collection
  • Strong Organizational Skills
  • Excellent Communication skills
  • Experienced using ERP Applications, NetSuite required
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