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Accounts Receivable Specialist
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$46k-59k (estimate)
Full Time 1 Week Ago
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Luxury Brand Partners is Hiring an Accounts Receivable Specialist Near Miami, FL

Job Description

Job Description
JOB SUMMARY

The AR Specialist is an integral member of the growing Finance & Accounting team. This role will contribute to the efficient and effective workings of all AR functions by executing daily tasks with strong attention to detail. Candidates must provide financial, clerical, and administrative services to ensure efficient, timely, and accurate payment of accounts under their control. This role will utilize experienced AR/accounting knowledge, time management skills, and effective problem-solving to ensure success. This position requires interaction with the finance, supply chain, and sales department. Candidates must also communicate with clients and observe the confidentiality of client and company matters. The ideal candidate will need to be attentive to deadlines, highly organized, and detail-oriented. The applicant should display a positive and proactive attitude, have the ability to prioritize, multitask and be a strong communicator, both written and oral. The AR Specialist’s responsibilities include creating and distributing monthly client statements. Specialists must update and manage the ERP system and maintain a spreadsheet that includes a list of outstanding invoices, invoice due dates and the amount of time the invoice has been outstanding. Ensuring the organization receives payments for goods and services and properly records all transactions.

ESSENTIAL FUNCTIONS
  • Collect on accounts by sending bill reminders and communicating with customers and staff via phone, email, fax, or mail.
  • Secure revenue by verifying and posting receipts; post customer payments by recording checks, wires, and processing credit card transactions.
  • Monitor customer account details for non-payments, delayed payments, and other irregularities; resolve discrepancies.
  • Process and clear credit card and electronic payment batch deposits
  • Reconcile customer accounts and research remittance deductions taken
  • Generate and send out invoices and statements.
  • Follow up on, collect and allocate payments.
  • Maintain up-to-date billing system within existing ERP system.
  • Maintain accounts receivable customer files and records.
  • Investigate and resolve customer and staff queries and payment discrepancies.
  • Prepare check payments for bank deposits using electronic deposit methods.
  • Manage other aspects of Accounts Receivable function including, but not limited to customer relations, cash inflow management, systems implementation and/or enhancements, optimization of processes, and month-end closing and reporting.
  • General administrative work.
  • Complete special projects giving insightful analysis when needed.
  • Perform other duties as required to support the Finance Department.
QUALIFICATIONS
  • Bachelor’s degree in Accounting
  • 2 years AR accounting experience
  • Organization, Accounting, Data Entry Skills, General Math Skills, Analyzing Information, Attention to Detail, Thoroughness, Reporting Research Results, Verbal and Written Communication
SUPERVISORY RESPONSIBILITIES

This position has no supervisory responsibilities.

PHYSICAL DEMANDS
  • Lifting: Exerting up to 20 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body.
  • Reaching: Extending hands and arms in any direction.
  • Sitting: Must be able to remain in the seated, stationary position throughout the workday.

Luxury Brand Partners is proud to be an Equal Opportunity Employer committed to supporting the BIPOC community . All applicants will be considered for employment without attention to race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy, or related conditions (including breastfeeding), or any other basis protected by law. Luxury Brand Partners will not tolerate discrimination or harassment based on any of these characteristics and has a strict no-retaliation policy.

Luxury Brand Partners does not accept unsolicited referrals or resumes from any recruiting agencies.

Luxury Brand Partners, LLC participates in E-Verify. What is E-Verify? (PDF). Also, see E-Verify Right to Work (PDF).

Job Summary

JOB TYPE

Full Time

SALARY

$46k-59k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

05/20/2024

WEBSITE

luxbrandpartners.com

SIZE

<25

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The following is the career advancement route for Accounts Receivable Specialist positions, which can be used as a reference in future career path planning. As an Accounts Receivable Specialist, it can be promoted into senior positions as an Accounts Receivable Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accounts Receivable Specialist. You can explore the career advancement for an Accounts Receivable Specialist below and select your interested title to get hiring information.

Genesis10
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If you are interested in becoming an Accounts Receivable Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Accounts Receivable Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Accounts Receivable Specialist job description and responsibilities

They prepare official receipts and coordinate with account payable specialists from other companies with pending payables.

02/02/2022: Kansas City, KS

The accounting specialist may use protections within accounting software like passwords to limit access.

12/28/2021: Greensboro, NC

Senior accounts receivable specialists follow established accounts receivable and account payable policies, guidelines, control processes, and procedures.

03/07/2022: Bellingham, WA

The specialists make sure that activities associated with the payables and receivables are accurate.

01/06/2022: Tuscaloosa, AL

Accounts receivable specialists frequently work simultaneously on multiple projects with urgent or tight deadlines.

03/09/2022: Peoria, IL

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Accounts Receivable Specialist jobs

Accounts receivable specialists are members of the organization's finance or accounting department.

02/15/2022: Salt Lake City, UT

Accounting Clerks are known to earn similar educational levels when compared to Accounts Receivable Specialists.

01/27/2022: Lima, OH

According to resumes from both Accounts Receivable Specialists and Accounting Administrators, some of the skills necessary to complete the responsibilities of each role are similar.

01/03/2022: Ogden, UT

Reconciled multiple Accounts Receivable reports to related general ledger accounts daily, researched and resolved any problems.

02/18/2022: Twin Falls, ID

Specialists are also highly trained on the competencies that are required of their specialty.

02/14/2022: Orlando, FL

Step 3: View the best colleges and universities for Accounts Receivable Specialist.

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