What are the responsibilities and job description for the Accounts Receivable Specialist position at Mayville Engineering Company, Inc.?
Description
MEC Inc. is an Equal Opportunity Employer dedicated to fostering an environment of mutual respect and integrity. We conduct all employment practices without regard to race, sex, color, religion, national origin, age, disability, protected veteran status, pregnancy, genetic information, sexual orientation, or any other protected status under federal, state, or local law. Furthermore, MEC undertakes affirmative action initiatives to ensure equal employment opportunities for minorities, women, individuals with disabilities, and protected veterans.
Job Responsibilities
- Processes accounts and incoming payments in compliance with financial policies and procedures computing, posting, and recording accounts receivable data.
- Reconciles the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
- Facilitates payment of invoices due by sending bill reminders and contacting clients.
- Generates financial statements and reports detailing accounts receivable status.
- Verifies validity of account discrepancies by obtaining and investigating information from sales, customer service departments, and from customers.
- Resolves valid or authorized deductions by entering adjusting entries. Resolves invalid or unauthorized deductions by following pending deductions procedures. Resolves collections by examining customer payment plans, payment history, and credit line.
- Analyzes financial information to determine present and future financial performance. Identifies trends and recommends improvements accordingly.
- Establishes databases of pertinent information for use in analyzing plans and forecasts.
- Performs other duties as assigned.
Job Skills Requirements
- Verbal and written communication skills.
- Organization and time management skills.
- Ability to prioritize multiple responsibilities/projects and isolate and resolve problems within fixed time frames.
- Good computer skills, specifically knowledge of spreadsheet and data processing software.
- Thorough knowledge of applicable accounts payable/general ledger systems and procedures, financial chart of accounts and corporate procedure.
Educational Requirements
- High school diploma, or equivalent required, or equivalent experience.
Experience Requirements
- One year of experience in a related field.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
MEC Inc. is an Equal Opportunity Employer dedicated to fostering an environment of mutual respect and integrity. We conduct all employment practices without regard to race, sex, color, religion, national origin, age, disability, protected veteran status, pregnancy, genetic information, sexual orientation, or any other protected status under federal, state, or local law. Furthermore, MEC undertakes affirmative action initiatives to ensure equal employment opportunities for minorities, women, individuals with disabilities, and protected veterans.