Accounts Receivable Analyst

RJW Logistics Group•Lemont, IL

11h•Onsite

About The Position

This position will be responsible for defining, implementing, and driving solutions that enable treasury, operations, and finance functions. This position will liaise with multiple organizations across the company, and most importantly customers to ensure that credit terms extended to customers are aligned with the customer's risk profile, accounts are managed appropriately to minimize write-offs, and ensure timely processing of payments to manage overdue accounts and optimize cash flow. This is a highly visible and critical position that will help support the centralization and standardization of the accounts receivable/cash application processes. The accounts receivable/collection manager will supervise the accounts receivable and cash applications departments and work closely with customers to ensure that payment deadlines are met.

Requirements

Strong leadership skills with a dedication to driving and achieving results.
Ability to build a team to be successful and efficient.
A self-starter, work well as a team player, but work independently when appropriate.
Strong analytical skills and critical thinking.
Ability to identify discrepancies and inconsistencies
Sense of urgency to accomplish tasks before the due date.
Demonstrate expertise of analyzing processes and implementing process, and work on system/process improvement to reduce manual work and to improve operational efficiency.
Proficient in Microsoft Office, Outlook, Word, and Advanced Excel Skills.
ERP system experience.
Must be able to communicate, read, write, and speak English.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Ability to write reports, business correspondence, and memos.
Ability to effectively present information and respond to questions from internal and external contacts.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Ability to determine "root cause" of problem and determine corrective action.
Knowledge of Business Operating Systems, Internet software, Word Processing, and Spreadsheet software.

Nice To Haves

Treasury experience a plus.
Experience in Logistics a plus

Responsibilities

Help manage collections of outstanding account receivables.
Ensure cash is applied in timely and most efficient manner whether customer pay via ACH or Check
Proactively identify risk customers and manage their account resolution
Perform regular accounts reviews with the team and advise of an action plan
Manage a team both locally and remote.
Partner with sales, customer service, and IT teams to resolve issues and invoice disputes.
Advise sales team of outstanding invoices and past due invoice issues. Alert them of issues and enlist support for resolution of disputes.
Consistent collaboration/meetings with operational leadership to ensure compliance on billing SOP's/ tracking of invoice disputes (volume/root cause/ improvement)
Manage the reconciliation of any irregularities.
Manage assigned accounts and all applicable collection reports.
Make outbound collection calls and emails in a professional manner while keeping and improving customer relations.
Discuss with customers in cases of non-payment.
Ensure accurate customer information is in the system according to company procedures.
Update AR Automation Software (Gaviti) on as needed basis.
Monitor credit limit in the system and advise accounts owners.
Work collaboratively with accounting staff to ensure accuracy in finances.
Create/implement and manage AR and Cash Application KPI's.
Publish KPIs and/or accounts receivable dashboard to help monitor the business.
Prepare and communicate various daily, weekly, or monthly financial reports to stakeholders.
Perform various Ad Hoc reporting and analysis.
Assist with implementation and testing of new programs, streamlining processes and upgrades, as necessary.
Create Job descriptions for all team related roles.
Coach and develop a high performing team of credit/collections and cash applications professionals including but not limited to, coaching; holding career path discussions; recommending applicant selection; imposing disciplinary actions; directing, reviewing, and approving assignments; approving leave requests and time sheets; and ensuring appropriate training is provided.