What are the responsibilities and job description for the Accounts Receivable Associate position at Colony Hardware Corporation?
The AR Associate is responsible for managing Colony’s end-to-end cash application & allocation process in addition to other AR responsibilities. This role requires hands-on experience in cash applications and account reconciliation, with strong internal & external customer service focus. This role will support the finance team to achieve operational targets & ensure accuracy and timeliness with a sense of urgency with financial transactions.
Responsibilities
- Ensure accurate and timely cash application and allocation.
- Reconcile payment discrepancies daily and coordinate with the Collection team for resolution.
- Investigate unidentified receipts and collaborate with Collections, or Sr AR Manager for resolution.
- Communicate and verify credit/debit memos, unauthorized deductions, and adjustments on customer accounts.
- Perform clearing and posting of transactions as needed.
- Prepare and post manual journal entries.
- Conduct monthly Cash GL account reconciliations.
- Drive continuous process improvements within the cash application function.
- Maintain confidential records for audit compliance.
- Respond to inquiries related to account reconciliations and payment applications.
- Engage with multiple team members across regions.
- Knowledge of Tax certificates in various states
Required Qualifications
- Minimum of 2 years of experience in a cash application/credit position.
- Excellent interpersonal, customer service, and analytical skills.
- Strong attention to detail and accuracy in handling financial data.
- Ability to work effectively in a fast-paced, diverse, and collaborative AR environment.
- Proficiency in Microsoft Office.
Preferred Qualifications
- Knowledge of NetSuite ERP.
- Knowledge of Epicor Prophet 21 (P21) ERP.
- Knowledge of VersaPay.
- Experience collaborating closely with various cross-functional teams within an organization.
- Credit application processing.
- Tax Certification knowledge.
Pay Range:
$23.80 - $33.32 Hourly
Connecticut law requires the posting of the salary range for advertised jobs. This range is determined based on market data and internal pay practices to establish a minimum and maximum value for a job. Individual base pay is determined based on a variety of elements including experience, skills, internal equity and other factors. For additional details on benefits, please review the full job description on Colony Hardware Jobs https://careers.colonyhardware.com/
We Can Offer You:
We value performance that exhibits a high sense of urgency, coupled with attention to detail and a strong customer service orientation! We also care about the welfare of our employees, which is why our salary and benefits are competitive. Colony’s benefits include:
- Yearly discretionary bonus based upon performance
- Medical, Dental, Vision, STD/LTD, Life Insurance
- 401k with a company match
- HSA/FSA
- Competitive PTO and paid holidays
- Company-provided PPE as required
- Industry-leading training and development
- Generous discounts on the best products from leading industry vendors
Life at Colony:
Colony Hardware is the leading distributor of Tools, Equipment, Fasteners, Supplies, and Safety Products to commercial construction and industrial accounts throughout our markets.
At Colony, our people are our most valuable asset. Success as a Colony Associate means being reliable, conscientious, and passionate. With our direction centered on teamwork, every employee at Colony will not only find their work to be meaningful but will have the opportunity to grow alongside Colony, both professionally and personally.
If you possess a will to win and would like to join a culture where integrity and collaboration are integral to success, apply to Colony Hardware today to join our growing family!
Colony’s Commitment to Equal Opportunity:
Colony Hardware Corporation is an equal-opportunity employer. We enthusiastically accept our responsibility to make employment decisions without regard to race, religious creed, color, age, sex, sexual orientation, national origin, citizenship, religion, marital status, a victim of domestic violence, familial status, genetic predisposition or information, disability, Family and Medical Leave, military or veteran status, citizenship, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, and local laws and ordinances. Our management is dedicated to ensuring the fulfillment of this policy with respect to hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment advertising, pay, and other forms of compensation, training, and general treatment during employment.
Salary : $23 - $33