Accounts Receivable and General Ledger Accountant

Frandsen Corporation•Eagan, MN

4d•$30 - $35•Onsite

About The Position

The Accounts Receivable and General Ledger Accountant is responsible for key accounting and accounts receivable functions, including customer account and credit management, month-end close, general ledger reconciliations, and preparation and analysis of monthly and year-end financial statements. The position ensures financial information is accurate, timely, and prepared in accordance with GAAP while providing financial information and analysis to support business decision-making. The role handles customer payments, collections, account discrepancies, credit reviews, customer statements, and electronic invoicing. It also completes assigned month-end close tasks, journal entries, reconciliations, financial statement preparation, and audit support. Additional duties include processing approved domestic and international wire transfers and reviewing vendor banking changes in accordance with security procedures. The position works day shift during office hours and may be located in Glencoe or Eagan. The listed wage range is $30–$35 per hour; hiring is not typically at the top of the range. Occasional evening and weekend work may be required as business needs require.

Requirements

Associate degree in Accounting or a related field.
At least two years of accounting experience in general ledger accounting and/or accounts receivable.
Working knowledge of generally accepted accounting principles (GAAP) and standard accounting practices.
Advanced proficiency in Microsoft Excel.
Proficiency in Microsoft Word and Outlook.
Ability to analyze financial and customer account information, identify discrepancies and issues, and determine appropriate next steps.
Ability to independently resolve routine accounting and customer account issues and seek assistance with more complex matters as appropriate.
Strong attention to detail and ability to produce accurate financial information within established deadlines.
Ability to independently prioritize multiple responsibilities, manage competing demands, and meet deadlines.
Strong written and verbal communication skills, including the ability to communicate effectively with customers, co-workers, management, and cross-functional teams.
Ability to exercise sound professional judgment when evaluating financial and customer account information.
Ability to maintain confidentiality and exercise appropriate judgment when handling sensitive financial, customer, and banking information.
Ability to work occasional evenings and/or weekends as business needs require.

Nice To Haves

Experience with Infor M3 and/or Global Spreadsheet Server.
On-the-job training may be required.

Responsibilities

Ensure customer payments are entered and posted accurately and timely; monitor and resolve account discrepancies; and produce monthly customer statements.
Review customer creditworthiness and recommend credit limit changes for approval.
Review blocked customer orders and use professional judgment to determine whether orders should be released based on customer payment history and account balance.
Review accounts receivable aging over 60 days monthly with Sales and the Director of Accounting, escalating unresolved collection issues and determining next steps.
Complete assigned month-end close tasks, including system maintenance, prepaid expenses, credit card transaction coding, account analysis, and preparation and posting of journal entries.
Perform general ledger reconciliations and resolve discrepancies to ensure account activity and period-end balances are accurate.
Prepare, analyze, and distribute monthly and year-end financial statements; review financial results for accuracy, completeness, and compliance with GAAP and company accounting policies.
Review accounts receivable aging weekly and proactively follow up with customers on past-due balances.
Work with customers to resolve payment delays and account issues, escalating unresolved past-due accounts as appropriate.
Partner with Customer Service and Sales to research and resolve customer billbacks, deductions, and other account discrepancies.
Process special debit and credit memos and manage electronic invoicing requirements for new and existing customers.
Provide customers with documentation and account information to facilitate timely payment and resolution of account issues.
Support other accounting functions, including reviewing accounts payable checks, setting up and modifying vendor payment information in banking and ERP systems, assisting with the annual financial audit, and completing other assigned projects.
Process approved domestic and international wire transfers according to banking and security procedures.
Review changes to vendor banking information used for payments to help protect the company against payment fraud.