Accounts Receivable

Allstate Peterbilt Group•St Louis Park, MN

4d•Onsite

About The Position

This role focuses on processing daily customer payments received through various methods such as ACH, cash, checks, and credit cards. The Accounts Receivable specialist will be responsible for accurately applying these payments to customer accounts and invoices, preparing reports for payment uploads, and managing bank deposits. The position also involves maintaining organized payment documentation, supporting month-end closing procedures, and adhering to internal controls and company policies. Protecting confidential information is a key aspect of this role.

Requirements

Experience with processing daily customer payments via ACH, cash, checks, and credit cards.
Proficiency in applying payments accurately to customer accounts and invoices.
Ability to prepare Excel spreadsheets and payment reports.
Experience in creating and maintaining check batches.
Skill in verifying payment details and documentation.
Experience with making bank deposits and retaining documentation.
Ability to make corrections to payment postings and document adjustments.
Knowledge of filing and retaining payment documentation.
Understanding of month-end accounts receivable procedures.
Familiarity with internal controls, cash-handling procedures, and payment-processing guidelines.
Ability to protect confidential customer and financial information.
Must pass a drug test before beginning employment.

Nice To Haves

Experience with Allstate Peterbilt Group's accounting system.

Responsibilities

Process daily customer payments received through ACH, cash, checks, credit cards, and other approved payment methods.
Apply ACH payments accurately to the appropriate customer accounts, invoices, and open balances.
Process and apply cash, check, and credit card payments received from all store locations.
Prepare Excel spreadsheets and payment reports for payment uploads and batch processing.
Open, sort, and identify customer accounts associated with mailed payments.
Create and maintain check batches for customer payments received from stores and customers.
Verify check amounts, payment details, and supporting documentation before entering payments into the accounting system.
Make bank deposits and retain accurate deposit documentation for reconciliation and audit purposes.
Make corrections to payment postings when errors are identified and document adjustments according to company procedures.
File and retain payment documentation, deposit records, remittance information, and related correspondence in an organized manner.
Support month-end accounts receivable procedures by ensuring payments are posted, deposits are recorded, and outstanding issues are communicated.
Follow established internal controls, cash-handling procedures, payment-processing guidelines, and company accounting policies.
Protect confidential customer and financial information while handling payment records and account documentation.