What are the responsibilities and job description for the AR Specialist position at FASTENER DISTRIBUTION HOLDINGS LLC.?
Who Are We?
FDH Aero is a trusted global supply chain solutions partner for aerospace and defense companies, helping to shape the industry by simplifying the supply chain. With over 60 years serving as a leading independent industry partner, FDH specializes in hardware, electrical, consumables and expendables, licensed products, and value-added services for global OEM and aftermarket customers. FDH is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero – named a Best Places to Work in Aviation in 2024 – has locations in 14 countries across the globe, with more than 1,500 best-in-industry employees and over 650,000 square feet of inventory space.
FDH is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero – named a Best Places to Work in Aviation in 2024 – has locations in 14 countries across the globe, with more than 1,500 best-in-industry employees and over 650,000 square feet of inventory space.
Why Work Here?
At FDH Aero, we understand that the strength of our brand comes from our people.
We invest in driven, diverse and experienced professionals who are naturally curious, courageous and motivated towards action. We value tempering confidence with humility, and a mission that always starts with service-first.
Our values guide everything we do:
We Are Service First - We act with agility and intelligence to solve our partner’s most pressing needs. We safeguard our trusted relationships by communicating with clarity and unmatched follow through.
We Are Respectful - We behave with dignity, fairness, and acceptance. We thrive by prioritizing empathy, humility, and connection to our collective community.
We are Amplifiers - We invest in driven, diverse and experienced professionals, businesses and partners. We fuel the entrepreneurial spirit by providing autonomy, authority and a clear mission.
We Are Open-Minded - We communicate with intention, curiosity, and diversity of thought. By actively contributing with courage and candor, we challenge the status quo and innovate together.
We Are Accountable - We own responsibility for our outcomes. We set expectations, embrace critique, and empower every employee to take immediate actions on challenges they encounter.
We Value Our People - That’s why we offer competitive benefits, including medical, dental, vision, Flexible Spending Accounts (FSA), 401k matching, and wellness programs. We invest in training, mentorship, and career development to empower our employees to reach their full potential. Our commitment to culture and excellence has earned us recognition as one of Aviation Business News' Best Places to Work in Aviation.
As a team member at FDH Aero you are trusted to deliver, to innovate, and to drive next-generation solutions for tomorrow’s supply chain demands. Ready to make an impact? We proudly pursue top talent with a diverse and global set of experiences and backgrounds.
We Are Looking For
The Accounts Receivable Specialist is responsible for all aspects of accounts receivable support including but not limited to; invoice orders and posts / update the billing batch, contact customers and diligently follow up on issues to solve problems and get the cash collected, support in managing the collections. This position includes coordination between other departments within the company as well as venders, and customers to meet the company’s goals and objectives. The Accounts Receivable Specialist may be assigned multiple tasks on a daily basis.
What You'll Do (Responsibilities)
- Identify areas for process improvement and implement necessary changes to optimize payment workflows
- Provide support and assistance to internal and external stakeholders regarding payment-related inquiries and concerns
- Communicating with previous clients and customers to request payment and arrange payment plans
- Own the full cycle accounts receivable process, including vendor onboarding, invoice coding and approval, contract review and matching, and payment processing
- Own the vendor management process, including onboarding, collecting W-9 and banking information, setting up new vendors in payment systems, distribution of year-end forms 1099 and other reporting, as necessary
- Set up new accounts, maintain customer database (name / address changes, adding / deleting shipping account numbers, payment terms, etc.)
- Monitor customer account details for non-payments, delayed payments, and other irregularities
- Create and share Work Instructions for accounts receivable tasks performed in the system (such as Quantum, The Business Edge etc.)
- Review AR aging report every week & provide to management visibility of top 10 past due over 30 days
- Issuance of Sales and other reports from the system
- Work with accounting team in putting together the AR forecast for 20 weeks forward looking
- Regular update the sales tax rates in the system
- Assist with audit and other compliance requests, quarterly sales tax filings
- Maintain copies of vouchers, invoices or correspondence necessary for files
- Performs other duties as assigned
What You Bring (Qualifications & Skills):
- 2 years accounts receivable or general accounting experience in a high-volume environment
- Associate Degree or Bachelor’s Degree in Accounting or equivalent experience
- Experience with company property software is an asset
- Proficiency in Quantum is a plus
- Strong knowledge of accounting principles
- Ability to solve account receivable problems and errors
- Illustrate the ability to meet deadlines
- Intermediate Excel Skills (SUMIFS, VLOOKUP, Pivot Table, etc.)
- Working knowledge of Microsoft Office Tools
- Team player and ability to motivate the team members
- Exceptional organizational and analytical skills
- Organized and has efficient time management skills
- Strong Work Ethic
- Ability to handle confidential matters
- Ability to work in a fast-paced, deadline-oriented environment
- Knowledge of related financial processes
- Team player and ability to motivate the team members
- Excellent verbal & written communication skills
FDH Aero is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.