Accounts Receivable Specialist

Accounts Receivable Specialist

The Accounts Receivable Specialist plays a pivotal role within the finance team, leveraging advanced analytical capabilities and meticulous attention to detail to drive accuracy and efficiency in receivables management.

Key Responsibilities

• Lead and manage core accounting processes related to B2B accounts receivable, ensuring accuracy, compliance, and timeliness.
• Analyze transactional data to support strategic decision-making and continuous process improvement.
• Serve as a primary point of contact for internal and external customers for receivables.
• Maintain and manage a portfolio of customer accounts, including:
  • Processing and approving business credit applications.
  • Reviewing and releasing sales orders on credit hold.
  • Generating and distributing invoices.
  • Managing collections and resolving outstanding receivables.
  • Processing credit balance returns.
  • Maintaining accurate customer master data.
  • Monitoring customer creditworthiness and account health.
• Oversee revenue and receivables-related accounting activities:
  • Prepare journal entries.
  • Manage customer incentives and rebates.
  • Reconcile AR-related accounts and support month-end close processes.
• Analyze aged receivables and provide weekly reporting.
• Track and report on KPIs including DSO, past due balances, credit release timeliness, open credit balances, and customer satisfaction metrics.
• Respond to customer and internal requests with professionalism and urgency.
• Contribute to departmental and corporate initiatives as needed.

Qualifications & Competencies

• Strong understanding of accounting principles and B2B AR processes.
• Proficient in Microsoft Excel, Word, and other business applications.
• Excellent analytical and computational skills.
• Effective written and verbal communication abilities.
• Solid project management and organizational skills.
• Experience with NetSuite ERP is a plus but not required.