Accounts Receivable Specialist

Position Summary

 

The Accounts Receivable/Cash Application Specialist is responsible for posting and distributing deposits and maintaining customer records. This role requires a self-motivated team player with the ability to multi-task within multiple software applications.

 

Position Responsibilities:;

• Post line-item check, wire, or ACH payments to customer accounts within 24 hours of receipt.

• Apply Lockbox, Credit Card, Direct Deposit, and Intercompany payments for multiple accounts.

• Review and apply unapplied payments/credits on accounts.

• Participate in department projects and take an active role in assisting and driving quality improvements, processes, and initiatives.

• Month-end closing process to ensure all tasks are completed in a timely manner and also adhering to set deadlines.

• Maintain organized electronic files of all accounts receivable documentation as required.

• Special projects as needed and other duties as assigned.

• Work to AR targets, monitor performance through AR KPIs review, identify trends and initiates change to improve performance where needed

• Deal with escalations from customers and other departments.

• Analyze and provide a root cause and a correction action plan for all aging unapplied receipts

 

Requirements:

• Critical thinking and problem-solving skills are required

• Excellent communicator both written and verbal, and ability to communicate effectively with all levels of the business

• Advanced Excel

• Logistics industry experience is a plus

• NetSuite and/or Oracle Fusion experience a plus – including saved searches, formulas, reporting

• Experience working with multiple legal entities, multiple locations

• At least two to three years specialized Accounts Receivable experience in a computerized environment supplemented by additional years of computer work experience

• Accurately and efficiently perform cash applications.

• Detailed oriented.

• Ability and willingness to learn quickly.

• 2+ years of cash application experience desired.

• Must be able to work in a fast-paced environment with constant deadlines.

• Must be willing to work independently and also willing to work within the team.

• Must have a positive attitude and willing to adapt to changing circumstances.