Job Title: Accounts Payable/Receivable Specialist - Effy Jewelry Retail Division

About Us:

Effy Jewelry, a renowned leader in the fine jewelry industry, is seeking a detail-oriented and organized Accounts Payable/Receivable Specialist to join our Retail Division. With a commitment to excellence and a passion for delivering exceptional customer experiences, Effy Jewelry is dedicated to maintaining strong financial processes and ensuring the efficient management of accounts payable and receivable functions.

Responsibilities:

1. Accounts Payable Management:

- Process vendor invoices accurately and in a timely manner, ensuring proper coding and approval.

- Prepare and process payments through checks, electronic transfers, and other methods.

- Reconcile vendor statements and resolve any discrepancies or billing issues.

2. Accounts Receivable Management:

- Generate customer invoices and statements promptly and accurately.

- Monitor accounts receivable aging and follow up on overdue payments.

- Apply payments received to customer accounts and reconcile discrepancies as needed.

3. Cash Management:

- Monitor cash flow and ensure sufficient funds are available for payments.

- Prepare and maintain cash forecasts to support business operations.

4. Financial Reporting:

- Assist in the preparation of monthly, quarterly, and annual financial reports related to accounts payable and receivable.

- Provide analysis and insights into payment trends, aging balances, and cash flow projections.

5. Vendor and Customer Relations:

- Build and maintain positive relationships with vendors and customers, addressing inquiries and resolving issues in a timely manner.

- Collaborate with internal departments and stakeholders to ensure alignment on payment terms and resolve any payment-related discrepancies.

Requirements:

1. Bachelor's degree in Accounting, Finance, or related field.

2. Proven experience in accounts payable and/or accounts receivable roles, preferably in the retail industry.

3. Strong understanding of accounting principles and practices.

4. Proficiency in accounting software (e.g., QuickBooks) and Microsoft Excel.

5. Excellent organizational and time-management skills, with the ability to prioritize tasks effectively.

6. Attention to detail and accuracy in data entry and financial reporting.

Job Type: Full-time

Pay: From $50,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Paid sick time
• Paid time off
• Vision insurance

Experience level:

• 2 years

Schedule:

• Monday to Friday

Ability to Relocate:

• New York, NY 10017: Relocate before starting work (Required)

Work Location: In person