Accounts Receivable Specialist

Newly Weds Foods- Corporate•Chicago, IL

6d•Onsite

About The Position

Are you a detail-oriented accounting professional who enjoys building relationships and keeping cash flow on track? Join our team as an Accounts Receivable Specialist, where you'll play a key role in managing customer accounts, ensuring timely collections, and maintaining accurate financial records. If you're organized, proactive, and thrive in a collaborative environment, we'd love to hear from you! This role is on-site based out of our Chicago (Bryn Mawr) location.

Requirements

Requires a broad knowledge of accounting or related discipline equivalent to a minimum Associates college education or comparable experiential learning.
Minimum of one year experience in Accounts Receivable or related discipline.
Strong communication, analytical abilities and organization skills.

Responsibilities

Make collection calls for customer payment of past due invoices, log all correspondence, and follow up as required.
Prepare weekly/monthly customer statements as required.
Work with Sales team and the customer to reconcile customer late payments.
Identify and resolve all short payments/deductions/overpayments clearly documenting all details and forward paperwork to the correct department for resolution assistance.
Track short payments to enable thorough and timely follow up to expedite resolution.
Arrange re-payment of short payments or request credit memos.
Organize paperwork/documentation in appropriate files.
Perform other duties or special projects as needed.
Broadcast daily deposit balances to A/R, Accounting and Management.
Code cash receipts noting account details on electronics image using adobe acrobat software.
Post cash to customer’s accounts, process credit memos and offset credit memos issued against invoices noted.
Issue Daily Cash Balancing Report.
Prepare and process direct deposit for bank transaction and courier, when applicable.
Offset credit memos issued against invoices noted.
Maintain back up files for electronic remittances.
Work with bank to resolve errors.
Include all back up receive in electronic format files.
Work with Tax, Accounts Payable and Traffic to determine coding for miscellaneous checks received.
Identify issues attributing to late or short payment and discuss with management.
Document and update the Accounts Receivable Application timely and accurately.
Sort and distribute mail received from the lock box.
Fill out Automated Clearing House (ACH) and Electronic Data Interchange (EDI) request forms and file completed agreement electronically.