Accounts Receivable Coordinator
An exciting opportunity with a growing company is now available. The role is an Accounts Recievable Coordinator and the company’s clients are big-box retailers. The AR Coordinator will do a mix of collections and cash posting in an EDI environment. The key to success is someone with experience in a company selling to big-box retailers where there was a lot of deductions and rebates taken. This role requires excellent communication skills to work with clients to research and resolve discrepancies.
- Processing and Posting the daily incoming cash from the lock box account to the open A/R by customer daily.
- Reconciling the daily cash account to the accounting general ledger.
- Performing the day-to-day posting of the cash from various payments to the proper discount account when deductions occur.
- Prepare monthly A/R reports including analysis and suggested actions for management review and distribution
- Verify discrepancies by and resolve clients’ billing issues by investigating and explore outstanding A/R invoices, and deductions, and credits for proper resolution and accounting
- Facilitate payment of invoices due by sending bill reminders through customer portal, e-mail or direct customer contact
- Make outbound collections calls
- Prepare and assemble monthly A/R invoices for sales notification and action upon unsuccessful internal effort.
- Accounting degree preferred, experience is accepted in place of degree
- EDI experience, big-box A/R experience including online portals
- Proven ability to calculate, post and manage accounting figures and financial records
- Three or more years cash posting experience
- High degree of accuracy and attention to detail
- Customer service orientation and customer interface skills
- Hands-on experience in operating spreadsheets, Microsoft Office or Excel and basic accounting terminology, with an ability to learn internal systems and technical set-up
- Some understanding of basic accounting principles, fair credit practices and collection regulations