ACCOUNTS RECEIVABLE SPECIALIST
We are in search of an Accounts Receivable Specialist who has an eye for detail, is a keen learner and thrives in a fast-paced environment. The Accounts Receivable Specialist reports to the Finance Manager and supports the Accounts Receivable function in the Finance Department. The Finance team is responsible for managing the company's financial resources and ensuring financial stability. They handle budgeting, financial planning, and analysis of financial performance. Their responsibilities include financial reporting, cash flow management, cost control, and risk assessment. They collaborate with other teams to provide financial insights, support decision-making processes, and drive financial consistency across the organization. The Finance team is accountable for managing the financial resources to support continuous expansion and growth initiatives; for controlling and forecasts resources, ensuring optimal allocation and cost control; and for maintaining compliance with financial regulations and reporting standards.
OBJECTIVES OF THIS ROLE

• Support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts.
• Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates.
• Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts.
• Assist in streamlining the accounts receivable process by identifying areas for performance improvement.
• Exercise integrity and confidentiality in financial reporting and comply with national and local financial requirements.

ABOUT THE COMPANY:
For over 50 years, this manufacturer has been a leader in their industry in consumer, commercial and institutional markets. They produce specialty Foams used in consumer brands, private label and contract packaging worldwide. Manufacturing a broad range of open and closed cell foamed plastic and sponge rubber materials, they have unique conversion processes and a corporate commitment to excellent customer service and thorough quality assurance. The company evolved from a converter of industrial and protective packaging to a manufacturer of consumer products. Products are used in wood working, metal finishing, paint, drywall, plastic, ceramic, auto body and solid surface trades.
RESPONSIBILITIES OF THIS ROLE

• Timely and accurate issuance of invoices and credit memos.
• Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, and miscellaneous differences are cleared.
• Perform daily cash management duties, including the recording of bank deposits, and posting of cash to the accounts receivable sub-ledger.
• Monitor and collect accounts receivable by contacting clients via telephone, email, and mail.
• Prepare analytical and ratio analyses relevant to A/R so sales and management can gain a better understanding of how collection efforts are progressing.
• Perform weekly reconciliation to bank balance, ensuring that all receipts are accounted for.
• Work closely with Sales and Customer Service team to resolve AR issues.
• Work closely with Shipping team to resolve billing issues.
• Other duties as assigned.

SKILLS AND ABILITIES

• Strong mathematical skills.
• Ability to work in a fast-paced environment and meet deadlines with accuracy.
• Ability to work effectively independently and as a team player.
• Ability to exercise discretion and maintain confidentiality where needed.
• Meticulous and detail oriented.
• Able to travel to Lumberton, NC, and New Jersey for short periods.

EDUCATION AND EXPERIENCE

• Associate’s degree or equivalent.
• Understanding of basic principles of finance, accounting, and bookkeeping.
• Proficiency with Microsoft Excel, Microsoft Word and Microsoft Outlook.
• Experience in accounts receivable (or accounts payable).
• Experience in manufacturing industry.
• Experience in driving process improvement.
• Experience in data analysis.

Pay: $40,000.00 per year