AR Specialist

GRVTY•Herndon, VA

About The Position

The Accounts Receivable Specialist will be responsible for tracking and resolving outstanding payment issues, processing invoices and maintaining records of financial transactions for government contracts. Our ideal candidates are familiar with all accounting procedures and can manage daily financial transactions end-to-end.

Requirements

Proven work experience as an Accounts Receivable Specialist or similar role in government contracting for a minimum of 3 years
Solid understanding of basic accounting principles, fair credit practices and collection regulations
Proven ability to calculate, post and manage accounting figures and financial records
Proficient in MS Office (especially Excel), Unanet and Deltek Costpoint
High degree of accuracy and attention to detail
BS degree in Finance, Accounting or Business Administration
Clearable U.S. Citizenship Required

Responsibilities

Manage and maintain detailed records of all receivable transactions, including invoices, statements, and customer correspondence
Prepare, verify, and process invoices for goods or services provided to clients
Follow up on, collect, and allocate payments received
Monitor customer account details for non-payments, delayed payments, and other irregularities
Investigate and resolve customer queries
Generate age analysis reports to review outstanding accounts
Perform account reconciliations, adjusting entries, and generate financial reports for management review
Comply with federal, state, and company policies, procedures, and regulations
Establish and maintain effective and cooperative working relationships with customers
Prepare monthly, quarterly, annual and ad-hoc forecasting reports
Participate in credit control activities and decision making