AR Specialist

ITW • Chippewa Falls, WI

1d

About The Position

The Accounts Receivable Specialist will report to the AR Team Lead and will be responsible for a wide variety of analytical and specialized Accounting administrative support including customer account maintenance, credit monitoring, customer billings, maintaining records & systems, and generating reports for accounting. In addition, this role includes the performance of detailed accounting to support and meet financial reporting and internal control requirements.

Requirements

• Bachelor’s degree or equivalent experience within accounting
• 3+ years of progressive accounts receivable experience
• Strong knowledge of full-cycle AR processes, collection methods, ERP systems
• Proficiency in Excel and PowerBI
• Experience with expense management systems (Concur) and month-end close procedures
• Excellent analytical, problem-solving, and communication skills with ability to resolve vendor/internal discrepancies
• Detail-oriented with strong organizational skills and a proactive approach to process improvement

Responsibilities

• Manage and perform Accounts Receivable functions including but not limited to account reconciliations, customer account maintenance, and performing collection efforts.
• Prepare and present credit/debit memos for approval to facilitate adjusting customers’ accounts for returns, shipping discrepancies, damaged goods, price differences, etc.
• Monitor and track possible unclaimed property for annual reporting in compliance with ITW policies and procedures.
• Responsible for daily customer billings and delivery of invoices for product shipments, tooling, and other miscellaneous charges.
• Prepare various account reconciliations, variance analyses, and various accrual calculations.
• Perform month-end closing procedures and assist with annual tax kit and audit reviews.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees