Accounts Receivable Specialist

Phoenix, AZ

Accounts Receivable Specialist

Overview: An Accounts Receivable Specialist plays a crucial role in managing the financial transactions of a company by ensuring accurate and timely collection of payments owed by customers. This position requires meticulous attention to detail, strong organizational skills, and proficiency in financial software and systems.

Responsibilities:

1. Invoice Processing:

  • Generate and send invoices to customers based on sales contracts or agreements.
  • Verify the accuracy of billing data and resolve any discrepancies.
  • Maintain updated records of invoices sent and payments received.

2. Payment Collection:

  • Follow up on outstanding payments through email, phone calls, or other communication channels.
  • Negotiate payment plans or settlements with customers as necessary.
  • Monitor accounts to identify overdue payments and take appropriate actions.

3. Reconciliation:

  • Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted.
  • Investigate and resolve any discrepancies or issues related to payments or billing.

4. Customer Communication:

  • Respond to customer inquiries regarding invoices, payments, and account balances.
  • Provide excellent customer service and build strong relationships with clients to facilitate timely payments.

5. Reporting:

  • Prepare regular reports on accounts receivable status, aging analysis, and cash flow projections.
  • Provide insights and recommendations to management based on analysis of receivable data.

6. Process Improvement:

  • Identify opportunities to streamline accounts receivable processes and improve efficiency.
  • Collaborate with cross-functional teams to implement changes and enhancements.

Requirements:

  • 1 – 2 years working in accounts receivable or related role.
  • Strong organizational skills.
  • Experience with Excel.
  • Excellent communication and interpersonal skills.
  • Ability to prioritize tasks and manage time effectively in a fast-paced environment.
  • Attention to detail and accuracy in data entry and record-keeping.
  • Analytical mindset with problem-solving abilities.

The above job description serves as a general outline for the responsibilities and requirements of an Accounts Receivable Specialist. Actual duties may vary depending on the specific needs and structure of the organization.

Benefits:

  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Paid Time Off

Salary: BASED ON EXPERIENCE