What are the responsibilities and job description for the Accounts Receivable Specialist position at Cosmos Furniture?
We are seeking a dynamic and detail-oriented Accounts Receivable Specialist to join our finance team. In this role, you will be responsible for managing the entire accounts receivable process, ensuring timely collection of outstanding payments, and maintaining accurate financial records. Your expertise will help optimize cash flow, support compliance with accounting standards, and enhance customer relationships through effective communication and negotiation. This position offers an exciting opportunity to contribute to a thriving organization committed to excellence in financial management and customer service.
- Manage the full cycle of accounts receivable activities, including invoicing, payment processing, and account reconciliation using accounting software such as QuickBooks, Sage, or PeopleSoft.
- Monitor aging reports and follow up with customers via phone or email to collect overdue payments while maintaining professional customer service standards.
- Ensure compliance with GAAP (Generally Accepted Accounting Principles) and SOX (Sarbanes-Oxley Act) regulations during all financial transactions and reporting processes.
- Perform detailed account analysis to identify discrepancies, resolve billing issues, and process journal entries accurately.
- Reconcile customer accounts regularly to ensure accuracy in debits & credits, CPT coding (Current Procedural Terminology), ICD-10 codes (International Classification of Diseases), and other medical billing terminology when applicable.
- Collaborate with cross-functional teams such as medical billing, governmental accounting, revenue cycle management, and finance to streamline processes and improve efficiency.
- Prepare detailed reports on accounts receivable status, aging trends, and collection efforts for management review.
- Proven experience in accounts receivable functions within a corporate or healthcare setting, with familiarity in medical collections or medical billing preferred.
- Strong understanding of accounting principles including double entry bookkeeping, journal entries, account reconciliation, and revenue cycle management.
- Hands-on experience with accounting software such as QuickBooks, Sage, PeopleSoft or similar platforms; proficiency in data entry and 10 key typing skills are essential.
- Knowledge of financial concepts related to accounts payable, analysis skills for account analysis, credit analysis techniques, and technical accounting practices.
- Familiarity with governmental accounting standards and non-profit accounting practices is a plus.
- Excellent negotiation skills combined with phone etiquette for effective communication with clients and vendors.
- Ability to perform detailed analysis using financial software tools while demonstrating strong math skills and attention to detail in bookkeeping tasks. Join us to be part of a vibrant team dedicated to precision in financial operations while delivering exceptional service!
Pay: $20.00 - $25.00 per hour
Work Location: In person
Salary : $20 - $25