Accounts Receivable Specialist

Hoffer Plastics - South Elgin, IL

Full-time - Mid Level

South Elgin, IL

Plastics and Rubber Products Manufacturing

About the position

The Accounts Receivable Specialist is responsible for managing the customer invoicing, cash collection, and problem resolution processes. This role collaborates closely with the Sales and Order Management teams to ensure efficient financial operations and improve cash flow. The specialist will handle various accounting tasks and support internal improvement processes.

Responsibilities

• Process customer invoices, credits, and RMA's, and customer payments.
• Contact customers regarding payment delinquencies to reconcile unpaid accounts and reduce Days Sales Outstanding (DSO).
• Communicate and resolve customer disputes internally and externally.
• Balance accounts receivable daily with the general ledger.
• Coordinate, create, and distribute weekly aging reports to internal team members.
• Prepare monthly bank reconciliations for all accounts.
• Analyze various general ledger accounts.
• Prepare month-end journal entries and reports for management.
• Assist with various audits.
• Support internal improvement processes.

Requirements

• High school diploma or GED required; additional specialized training in Accounting preferred.
• Minimum of five years' experience in accounts receivable or related work.
• Knowledge of accounting procedures with some advanced skills.
• Basic Excel skills are mandatory.
• Good written and verbal communication skills.
• Effective problem-solving and customer service skills.