What are the responsibilities and job description for the AR Specialist position at Primeritus Financial Services Inc?
Primeritus Financial Services is a national provider of repossession management, remarketing, titled, and skip tracing services to the automotive finance industry in the United States and Puerto Rico. Primeritus provides clients with value-added, outsourced repossession management skip tracing investigations, and remarketing services by leveraging a national network of certified agents and unique investigative techniques to quickly and reliably secure customers’ collateral. Through effective leadership, service, and performance, Primeritus Financial Services offers the trifecta of repossession services: locate, recover, and remarket.
The Accounts Receivable Specialist is responsible for accurately applying customer payments, researching and resolving client account issues, and maintaining clear, professional communication with external customers. The Accounts Receivable Specialist ensures timely and accurate responses to client inquiries, documentation issues, billing or payment application errors, and disputes. All work in this role will be conducted, processed, and managed in accordance with corporate accounting practices and guidelines. This role plays a key part in ensuring timely cash flow, and supporting overall AR operations.
- Accurately apply all incoming payments (ACH, wire, lockbox, CC and checks) to customer accounts daily
- Reconcile deposits to remittance documentation and ensure proper allocation to invoices
- Monitor unapplied and unallocated cash; investigate root causes and clear items promptly
- Research and analyze client accounts for open payments/credits to determine course of action needed
- Communicate externally with customers to fix payment remittance issues to ensure accurate information with monies sent
- Collaborates with other team members to research and resolve billing errors and disputes.
- Works with Controller to effectively pinpoint client issues or system issues with application platform used through the bank
Job Requirements
- HS diploma is required; Associate’s or Bachelor’s Degree in Accounting, Finance, or similar from an accredited university is preferred.
- 3-5 years of experience working with accounts receivable and reconciliations,
- Must be proficient in MS Office Suite, highly skilled in MS Excel; experience w/ NetSuite is a plus
- Must have a high attention to detail and be highly organized with the ability to effectively prioritize work tasks.
- Must exhibit a professional demeanor with superb written and verbal communication skills.
Physical Demands & Working Conditions
- This is a full-time, in-person/hybrid role working from our Nashville, TN office.
- Must be able adhere to process protocol and to apply established protocols in a timely manner.
- Ability to follow policies and procedures.
Primeritus is an Equal Opportunity employer and all qualified applicants will receive consideration to employment without regard to race, color, religion, gender, pregnancy, sexual orientation, national origin, age, or protected veteran or disability status.