ar specialist

$45,760 - $49,920/Yr

Randstad - Boca Raton, FL

Full-time - Entry Level

Boca Raton, FL

Administrative and Support Services

About the position

The Accounts Receivable (AR) Specialist plays a vital role in managing the accounts receivable function within the organization. This role focuses on ensuring accurate and timely processing of customer payments, resolving discrepancies, and maintaining relationships with clients. The AR Specialist will collaborate closely with internal departments and external stakeholders to optimize cash flow and minimize delinquencies. This position is based in Boca Raton, FL, and requires 100% in-office attendance. The working hours are from 8 AM to 4 PM, and the role is categorized under business and financial operations occupations. The salary for this position ranges from $22 to $24 per hour, and it is a temp-to-perm opportunity.

Responsibilities

• Generate and distribute customer invoices accurately and in a timely manner.
• Process customer payments received via various methods, including checks, ACH, and credit card payments.
• Post payments to customer accounts accurately and reconcile discrepancies as needed.
• Monitor and follow up on past-due accounts to ensure timely collection.
• Review and assess customer creditworthiness based on established criteria.
• Monitor customer credit limits and terms to mitigate credit risk and minimize bad debt exposure.
• Initiate collection efforts for past-due accounts, including sending reminders, making collection calls, and preparing collection correspondence.
• Prepare and analyze aging reports to track outstanding receivables and prioritize collection activities.
• Prepare AR aging reports and analysis to monitor account balances and aging trends.
• Provide regular updates and reports to management on the status of accounts receivable, collections, and cash flow projections.
• Analyze payment trends and identify opportunities for process improvements to enhance efficiency and effectiveness.
• Cultivate and maintain relationships with business customers to facilitate prompt payments and resolve issues effectively.
• Collaborate with sales and account management teams to address customer needs and inquiries related to billing and payments.

Requirements

• 3 years of experience in accounts receivable or related field.
• Proficient in AR billing and basic accounts receivable processes.
• Experience in credit and collections management.
• Ability to analyze aging receivables and prepare aging reports.
• Strong vendor relations skills and experience in B2B business transactions.

Benefits

• Health insurance coverage
• 401K contribution
• Incentive and recognition program