Accounts Receivable Specialist

Aston Carter - Belvidere, IL

Full-time

Belvidere, IL

Administrative and Support Services

About the position

The Accounts Receivable Specialist is a critical role within Aston Carter, responsible for managing a portfolio of trade accounts receivable. This position ensures prompt cash collection within defined payment terms and manages credit risk in accordance with the company's Credit & Collections policy. The specialist will be tasked with applying customer payments, researching and assessing credit risks, and reviewing customer history to assign appropriate extensions of credit. Collaboration across departments is essential to research and resolve discrepancies effectively. In this role, the specialist will collect on receivable balances assigned, which constitutes about 10% of the responsibilities. They will maintain customer portfolios, review aging reports and credit lines, apply cash to open accounts receivable, and produce weekly and monthly reports on receivables, aging, and cash applied. The position requires a keen eye for detail and strong analytical skills to ensure the accuracy of financial transactions and reporting. This is a fully on-site position located in Belvidere, Illinois, within a clean and organized office environment at a production site. The Accounts Receivable Specialist will work directly with the Director of Accounting and another AR Specialist, fostering a collaborative atmosphere to achieve departmental goals.

Responsibilities

• Manage a portfolio of trade accounts receivable.
• Ensure prompt cash collection within defined payment terms.
• Manage credit risk according to the company's Credit & Collections policy.
• Apply customer payments accurately and timely.
• Research and assess credit risks associated with customer accounts.
• Review customer history to assign appropriate extensions of credit.
• Collaborate cross-functionally to research and resolve discrepancies.
• Collect on receivable balances assigned (10% of the role).
• Maintain customer portfolios and review aging reports and credit lines.
• Apply cash to open accounts receivable and produce weekly/monthly reporting on receivables, aging, and cash applied.

Requirements

• 6+ months of office/accounting experience.
• Proficiency in Microsoft Excel.
• Experience in cash application processes.
• Knowledge of B2B collections.