What are the responsibilities and job description for the Accounts Payable/Accounts Receivable Specialist position at Accounting Manager?
Accounts Payable/Accounts Receivable Specialist – Schaumburg, IL
$50,000 – $57,000/Annually - Plus full benefits
About the Company
We are an established manufacturing and distribution company providing materials and products for commercial construction, infrastructure, and public-sector projects. Our customers include contractors, developers, municipalities, and other organizations working on commercial developments, industrial facilities, and public infrastructure projects.
About the Role
We are looking for an Accounts Payable/Accounts Receivable Specialist to support the day-to-day accounting operations of the business. This position will handle a combination of AP and AR functions, including invoice processing, customer payments, vendor payments, account reconciliations, and maintaining accurate financial records.
Key Responsibilities:
- Manage day-to-day accounts payable and accounts receivable activity, ensuring transactions are entered accurately and processed within established deadlines.
- Review, verify, and code vendor invoices, resolve discrepancies, and prepare items for payment.
- Execute daily vendor payments through ACH, check, wire transfers, and approved third-party payment platforms.
- Prepare customer invoices, post incoming payments, and maintain accurate customer account balances.
- Reconcile vendor statements against company records and research differences to ensure accounts are accurate.
- Maintain reconciliations for multiple company bank accounts, including posting vendor payments and investigating any variances.
- Keep accounting records and supporting documentation organized, complete, and up to date for all AP and AR activity.
- Ensure daily accounting activities are performed in accordance with company policies, established internal controls, and applicable regulations.
Qualifications:
- Minimum of 1 year of hands-on experience in AP and AR responsibilities
- Experience in Microsoft Office
- Strong attention to detail and accuracy
- Excellent communication and interpersonal skills
- General knowledge of basic accounting principles
Salary : $50,000 - $57,000