Creative Financial Staffing - Norwalk, CT
posted about 2 months ago
The AR Analyst position is a critical role within the organization, reporting directly to the Director of Customer Service and Accounts Receivable. This position is primarily responsible for collecting, analyzing, and interpreting data related to collection activities, accounts receivable, and financial performance. The AR Analyst will ensure compliance with the Public Utility Regulatory Authority (PURA) regulations across various service areas, which is essential for maintaining the integrity and efficiency of the company's financial operations. In this role, the AR Analyst will gather and interpret data to report trends to management regarding collection metrics. This includes preparing and analyzing collection and cash receivables data against historical and budgeted trends. The analyst will also be tasked with preparing collection budgets and forecasts, which are vital for strategic planning and resource allocation. Additionally, the AR Analyst will create dashboards that present key collection performance indicators and trends, providing management with insights into the effectiveness of collection strategies. The position also involves implementing data quality measures in collaboration with IT and vendors to ensure the accuracy of reports. The AR Analyst will analyze reserves for doubtful accounts and accounts receivable aging to measure collection efficiency. Monitoring collection activity across a large customer base of over 240,000 residential and commercial customers is a significant aspect of this role. Furthermore, the analyst will create, produce, and maintain system reports, as well as write and update SAP and Business Intelligence (BI) queries. Ensuring the accuracy of SAP collection processes and testing system changes will also be part of the responsibilities. The AR Analyst will serve as a liaison to the Accounting department on collection system projects, ensuring seamless communication and collaboration between departments.