Accounts Receivable Analyst

Heidrick & Struggles•Chicago, IL

13d•$55,000 - $60,000

About The Position

Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory and on-demand talent solutions, serving the senior-level talent and consulting needs of the world's top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping and on-demand, independent talent solutions. Heidrick & Struggles pioneered the profession of executive search more than 70 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time.® Additional information on the firm can be found at www.heidrick.com . The Role: The Accounts Receivable Analyst is responsible for maintaining and ensuring timely and accurate processing of all Global bank deposits. This role also applies payments and credits to invoices and general ledger accounts using the guidelines of company policies, procedures, and system controls. The Accounts Receivable Analyst also provides assistance and support to enhance the level of service to our internal and external clients.

Requirements

Bachelor’s degree.
1 to 3 years of related professional experience.
Microsoft office experience (Excel, VLOOKUP, Pivot Tables, advanced formulas).
Report creation and data analysis and interpretation experience.
Knowledge of Order to Cash process.
Experience in accounting and financial systems.
Excellent verbal and written communication skills.
Prior internal and external customer service experience.
Ability to multi-task in a fast paced environment.
Demonstrates knowledge and insights about internal and external customers and acts to fulfill their businesses needs and exceed their expectations.
Demonstrates the ability to think deeply and quantitatively about business problems, breaking down problems and presenting solutions while evaluating the pros and cons of each option.

Nice To Haves

Degree in Accounting or Finance.
Prior cash application experience.
Knowledge of PeopleSoft.
Demonstrates strong, realistic confidence in oneself in challenging situations and maintains a calm focus on results over time
Develops and applies creative solutions to business problems, anticipating situations and needs and finding flexible answers to new situations; champions innovation to improve business performance

Responsibilities

Ensure accurate and timely application of cash receipts for our global business units.
Verify lockbox transmissions have been received daily; taking appropriate steps with the IT department when files are missing.
Follow up with internal departments (i.e., OA, FM, EA, Consultants, Collectors, Treasury) to help resolve unidentified cash receipts.
Process Offsets (aka Links); apply AR credits to invoices.
Process returned client payments.
Create journal entries for non-invoice related receipts.
Monitor and reconcile suspense accounts to ensure payments are reconciled timely.
Assist with the month end closing process.
Research open payments on the client aging report and in the unidentified cash account.
Process GL reconciliations on a monthly basis.
Run error reports regularly and enter appropriate corrections.
Process any system testing as needed.
Provide global support and assistance to our internal/external customers.
Work closely and follow up with the PeopleSoft Support team regarding issues and enhancements.
Must be able to maintain accurate and organized records and necessary paperwork/files.
Assist with internal and external audit requests, pulling documents as needed.
Support training and process improvement efforts.
Ability to work independently, as well as with a team; supporting team members in their absence.
Maintain functional knowledge of cash applications, billing, and collections processes.
Other duties as assigned.