Accounts Receivable Specialist

Asset Living • Houston, TX

8d • Hybrid

About The Position

As a Corporate Accounts Receivable Specialist, you will play a critical role in ensuring the efficient and accurate management of the company's accounts receivable process. You will be responsible for monitoring and analyzing outstanding customer invoices, implementing effective collection strategies, resolving payment discrepancies, and maintaining strong customer relationships. Your attention to detail, analytical skills, and ability to communicate effectively will contribute to the organization's overall financial health and success.

Requirements

• Proven experience as an accounts receivable specialist or a similar role in a corporate setting.
• Strong knowledge of accounts receivable principles, practices, and relevant regulations.
• Proficient in using accounting software and MS Excel for data analysis and reporting.
• Excellent analytical skills with the ability to interpret financial data and identify trends or anomalies.
• Strong communication skills, both written and verbal, to effectively interact with internal teams and external customers.
• Detail-oriented and highly organized, with the ability to multitask and prioritize workload effectively.
• Demonstrated problem-solving skills and ability to work independently as well as part of a team.

Nice To Haves

• Familiarity with ERP systems (e.g., SAP, Oracle) and experience in process improvement initiatives is a plus.

Responsibilities

• Monitor and reconcile customer accounts to ensure accurate and timely payment collections.
• Review and analyze aging reports to identify delinquent accounts and take appropriate actions to expedite collections.
• Initiate collection efforts by contacting customers via phone, email, or mail to resolve outstanding payments.
• Collaborate with internal stakeholders, such as sales, customer service, and finance, to address customer inquiries, resolve disputes, and negotiate payment terms.
• Generate and distribute accurate and timely invoices to customers in accordance with established billing cycles.
• Verify billing information, including pricing, discounts, and terms, to ensure accuracy and compliance with contracts or agreements.
• Address invoice discrepancies or billing errors promptly and collaborate with relevant teams to rectify issues.
• Apply incoming customer payments accurately to the appropriate accounts receivable records.
• Reconcile discrepancies between payment records, invoices, and bank statements to ensure accurate financial reporting.
• Investigate and resolve payment variances or unapplied payments promptly.
• Foster positive and professional relationships with customers, serving as a primary point of contact for accounts receivable inquiries.
• Provide exceptional customer service by addressing customer concerns, providing payment-related information, and resolving issues promptly and effectively.
• Collaborate with sales and customer service teams to identify opportunities for process improvement and enhance customer satisfaction.
• Prepare regular reports, including accounts receivable aging, cash flow projections, and collection status updates for management review.
• Analyze accounts receivable data to identify trends, patterns, and potential risks, and provide recommendations for improvement.
• Support month-end and year-end closing activities, including reconciliations and reporting requirements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level