What are the responsibilities and job description for the Accounts Receivable Specialist position at United Olive Oil Import Corp.?
About United Olive Oil Import Corp.
United Olive Oil Import Corp. is a leading importer and distributor of premium Mediterranean food products across North America. Our portfolio includes internationally recognized brands sold through major retailers, distributors, foodservice operators, and e-commerce channels.
As we continue to grow, we are seeking an experienced Accounts Receivable Specialist to join our Operations team.
About the Role
United Olive Oil is seeking an Accounts Receivable Specialist to join our Finance team. This role will own our core AR function — cash application, collections, deduction management, and trade promotion and royalty analysis. The ideal candidate has a strong accounting background, is highly detail-oriented, and thrives in a fast-paced consumer goods environment.
Key Responsibilities
- Post and apply customer payments, including credit card payments, ensuring accurate and timely cash application
- Own collections: monitor customer aging, follow up on past-due balances, and drive resolution
- Analyze customer deductions (promotions, shortages, chargebacks, and fees), validate them against agreements, and dispute invalid deductions to recover funds
- Analyze trade promotion activity and spend effectiveness by customer and program
- Forecast promotional spend and maintain related accruals
- Calculate monthly promotion and royalty amounts
- Perform daily and monthly bank reconciliations
- Reconcile AR accounts and support month-end close activities
- Prepare AR aging, collections, cash receipt, and DSO reporting
- Partner with sales, brokers, and customers to resolve billing and deduction disputes
- Think outside the box, using new tools and technology to evaluate data in a faster, more timely, and more efficient way
Qualifications
- Bachelor's degree in Accounting or Business with 2 years of accounts receivable experience
- Consumer goods, manufacturing, or CPG experience preferred; retailer and distributor deduction experience a strong plus
- Strong accounting, analytical, and Excel skills
- Experience with NetSuite, G-Suite, and Microsoft Office
- Outside-the-box thinker who embraces new tools and technology to work smarter
- Strong communication, organization, and teamwork skills
- Ability to manage multiple priorities in a fast-paced environment
- Must be authorized to work in the United States
Position Details
- Full-time position
- In-office role in the Financial District, New York
Compensation
$75,000–$100,000, based on experience
Salary : $75,000 - $100,000