Accounts Receivable Specialist

Lapmaster Wolters•Mount Prospect, IL

15d•Onsite

About The Position

Lapmaster International is seeking an experienced and motivated full-time Accounts Receivable Specialist to join their team. The role involves reconciling customer payments and accounts, maintaining customer relationships, identifying and recommending collection candidates, and communicating discrepancies to management. The specialist will also collaborate with Sales and Customer Service teams, assist in streamlining the accounts receivable process, and maintain integrity and confidentiality.

Requirements

Bachelor's Degree in Accounting, or professional certifications in specific Accounts Receivable related fields.
Minimum 5 years of experience in Accounts Receivable positions, preferably in a manufacturing environment.
Detail oriented and results focused.
Must be hands-on, analytical, and highly collaborative.
Ability to multi-task and solve, sometimes complex, problems in a fast-paced environment.
Ability to work effectively and cross-functionally with all levels of management.
Strong skills in Microsoft Excel and Word required.
Excellent interpersonal, written and verbal skills.
Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Responsibilities

Maintain accounts receivable records to ensure up to date aging reports.
Generate timely and accurate customer invoices, including service and freight.
Monitor incoming payments and ensure they are applied correctly.
Process and apply credit card payments.
Process product returns and credits as required.
Process credit and re-bills as required.
Prepare, review, and analyze aging reports to identify trends and recommend solutions.
Produce and send customer statements as required.
Resolve discrepancies between customer payments and invoices.
Address customer inquiries and concerns related to payments.
Work with other departments to resolve billing issues or disputes.
Make collection calls as needed to resolve past due invoices.
Create new customer master information and monitor for on-going accuracy.
Research customer history to assess and recommend credit limits.
Reconcile Accounts Receivable ledger with the general ledger.
Assist with month-end closing activities such as preparing journal entries.
Work with external auditors and third-party collection agencies as required.
Assist in the preparation of the annual budget and long-term financial objectives.
Ensure compliance with all applicable laws and regulations related to accounts receivable.