Accounts Receivable Specialist

CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION INC•New York, NY

9d•$50,000 - $55,000•Onsite

About The Position

With community residents leading the way, the mission of Cypress Hills Local Development Corporation (CHLDC) is to build a strong, sustainable Cypress Hills/East New York, where youth and adults achieve educational and economic success, secure healthy and affordable housing, and develop leadership skills to transform their lives and community. Cypress Hills Local Development Corporation has an opening for one (1) full-time, experienced Accounts Receivable (AR) Specialist to join our Finance Team. The Accounts Receivable Specialist will manage the accounts receivable for all contracts funding the organization. The Accounts Receivable Specialist will maintain accurate AR records and ensure compliance with Federal, State, and City funders. The ideal candidate will have a strong understanding of the Accounts Receivable process, principles and practices, excellent analytical and interpersonal skills, great attention to details, a keen interest in continuous process improvement, and the ability to work in a fast-paced environment.

Requirements

Minimum of 3-5 years of experience as an Accounts Receivable Specialist or in a similar role.
Strong knowledge of accounting principles, accounts receivable procedures, and financial reconciliation.
Understanding of credit and collection practices and legal regulations.
A positive attitude and eagerness to learn and grow.
Familiarity with accounting systems.
Excellent analytical and problem-solving skills.
Highly organized and detail-oriented with the ability to work accurately in a fast-paced environment.
Strong team player within a multi-functional team and to manage multiple deadlines.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.
Proficiency in Microsoft Office (Excel, Word).
Working knowledge of Google Workspace (Sheets, Docs, GMail).

Nice To Haves

Familiarity of Financial Edge NXT is desirable.

Responsibilities

Deposit of paper checks received via automatic check scanner or bank branch if necessary.
Responsible for the recording of all forms of bank deposits (EFT, checks, and cash) and maintaining the corresponding accounts receivable backup on a weekly basis.
Reconcile revenue accounts with Grant Reporting Specialist and resolve any discrepancies in a timely manner.
Provide timely responses to emails related to accounts receivable.
Generate and send invoices to Cypress merchants.
Responsible to flag and follow up on any outstanding receivables older than 30 days including receivables due from government agencies, corporations, foundations and subsidiary corporations.
Send monthly revenue reports to Program staff regarding outstanding rental invoices.
Prepare and analyze accounts receivable aging reports to identify past due accounts and prioritize collection efforts.
Maintain up-to-date client records with accurate billing and contact information.
Assist with month-end and year-end closing activities, including account reconciliations and financial reporting.
Provide support for audit related accounts receivable questions.
Assist in streamlining the accounts receivable process by identifying areas for performance improvement.
Assist with other accounting and finance functions as needed.