Accounts Receivable Associate

Penn State University•University Park, IL
•$44,628 - $64,668•Hybrid

About The Position

The Accounts Receivable Associate facilitates the accounts receivable lifecycle; ensures accurate and efficient invoicing, payment processing, reconciling, and collection efforts; adheres to defined processes and policies to resolve discrepancies and maintain financial documentation; identifies opportunities to optimize accounts receivable business processes.

Requirements

  • General Equivalency Diploma (GED) or High School (HS)
  • 2+ years of relevant experience
  • Relevant education accepted in lieu of experience
  • None Required Certifications
  • Applicants must be authorized to work in the U.S.

Nice To Haves

  • Degree in Accounting, Finance, or related field
  • Proficient in Microsoft Office Suite, particularly Excel
  • Experience using SAP and SIMBA
  • Strong organizational skills with exceptional attention to detail
  • Analytically minded
  • Strong communication and customer service skills

Responsibilities

  • Create and maintain business partner information
  • Prepare invoices and credit memos for external business partners
  • Process billing efficiently and accurately; post payment receipts; record, review, and verify transaction and account balance; prepare and make bank deposits
  • Reconcile general ledgers, credits, chargebacks, checks, advances, credit cards/Echecks and cash; audit GL accounts on a regular cadence
  • Respond to customer inquiries; research, verify, and resolve concerns and discrepancies
  • Prepare accounts receivable periodic statements and reports; prepare reports that help to analyze and summarize trends
  • Investigate and track outstanding invoices, verify status of accounts, communicate and follow up regarding collection efforts and receipt of payments
  • Ensure that all transactions are compliant with policies and procedures
  • Answer and route phone calls

Benefits

  • Comprehensive medical coverage
  • Dental coverage
  • Vision coverage
  • Robust retirement plans
  • Substantial paid time off (holidays, vacation, and sick time)
  • 75% tuition discount for employees, eligible spouses, and children
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