Accounts Receivable Clerk

PHCNA•Chicago, IL

4d•Hybrid

About The Position

Joining the PHC Group means becoming a vital player in one of the world's foremost producers and suppliers of top-tier laboratory equipment. Operating in the dynamic biomedical and diagnostics sectors, we cater to a diverse and expanding range of life science facilities. Our products are essential tools for researchers and professionals in pharmaceuticals, biotechnology, and healthcare, making a meaningful impact on advancements in these fields. Your role with us will be an integral part of this impactful journey.

Requirements

High school diploma required.
Minimum 3 years in credit, accounts receivable, and cash application roles.
Working knowledge of accounting, credit, collections, banking, sales tax and/or finance functions.
Experience with Microsoft products (AX Dynamics, Outlook, Excel, and Word).

Nice To Haves

College degree preferred
National Association of Credit Managers (NACM) Classes Preferred

Responsibilities

Setup new customer account requests in Microsoft Dynamics with approved documents for internal controls.
Run Dun & Bradstreet Reports and follow on Bank and Trade References for the Accounts Receivable Supervisor and Manager.
Maintain accurate and secure customer credit files with appropriate credit and sales tax exemption information, while maintaining customer accounts and credit information in the customer master for Internal Controls.
Support PHC departments with documentation and audit requests.
Review and update the Account Activity Register excel file.
Collection of open and past due invoices, deduction resolution, account reconciliation.
Run and analyze the accounts receivable aged trial balance to identify issues attributing to account delinquency, and disputes while suggesting resolutions, corrective actions, and countermeasures to management.
Consult with Credit Manager and /or Credit & Accounts Receivable Supervisor to escalate all sensitive and unresolved Accounts Receivable and Credit Issues.
Review Order Block for Release and prepare requests for Credit Line Increase when required per PHC Credit Policy.
Build and maintain positive relations with internal and external customers by demonstrating the urgency to resolve and/or escalate customer requests and issues allowing for swift action and solutions.
Assist in month end reporting, analytics and metrics.
Special projects including analysis of internal controls, audits, and implementation of process improvements.
Prepare and Post Daily Cash in Bank Lockbox in payment journal.
Review and approve the daily reconciliation for cash on account and credit card payments to open orders and invoices.
Review and maintain daily bank lockbox reporting balancing the payment journal, accounts receivable and bank general ledgers via self-check and JSOX audit control.