Vaco - Los Angeles, CA
posted 5 months ago
Vaco Los Angeles is seeking an experienced and talented Accounts Receivable (AR) and Deductions Specialist to join one of our client's dynamic accounting teams. This position is essential for ensuring the smooth operation of accounts receivable processes, including the management of customer accounts and the resolution of payment discrepancies. The ideal candidate will possess a solid understanding of standard accounts receivable procedures, processing payments, and will demonstrate a positive attitude and a willingness to learn and grow within the role. This position is on-site in Vernon, CA, and offers a competitive pay rate of up to $30 per hour, depending on experience. Deductions experience is a must for this role, as it involves handling various aspects of accounts receivable and ensuring that all transactions are processed accurately and efficiently. In this role, the Accounts Receivable Specialist will be responsible for ensuring that collectors are making sufficient outbound calls to delinquent customer accounts. The specialist will support the collection and cash application teams with escalations and guidance, working cross-functionally within the organization to resolve issues that may arise. A key responsibility will be to review and recommend accounts for research and reconciliation, performing collection activities as a hands-on member of the collection team. The specialist will also provide coaching to the collection team, ensuring that all team members are equipped with the necessary skills and knowledge to perform their duties effectively. Additionally, the Accounts Receivable Specialist will review follow requests for accuracy, completeness, and justification, including credit memos, refunds, and payment adjustments. Establishing and reviewing collection metrics daily will be crucial to adjusting individual and team priorities, while keeping the AR management team informed of any issues and concerns that may affect team productivity and performance. The specialist will also be responsible for assigning tasks to team members based on planned and unplanned absences to ensure that the workload remains equitable across the team.