Senior AR Specialist

Makers Pride • Downers Grove, IL

1d • Hybrid

About The Position

Responsible for Shared Services Accounts Receivable Cash Application/Invoicing, along with other General Accounting/GL functions as needed. This is a hybrid role. You will be working out of our corporate headquarters in Downer Grove, IL 4 days/week and can work remotely 1 day/week. Job Duties: Duties may include, but are not limited to the following:

Requirements

• Knowledge of financial processes and reports.
• Knowledge of general accounting fundamentals and financial analysis concepts.
• Understanding of GL Accounting and AR/Cash cycle
• Solid understanding of debits and credits, accounting balancing and reconciliation procedures
• Communicate effectively both verbally and in writing.
• Investigative mentality and the ability to track prior payments and deductions through the receivables system
• Ensure collaborative relationships with industry, trade, other associations, regulatory agencies staff.
• Work effectively with all levels of the organization.
• Generate work timely and accurate.
• Microsoft Office/Excel/Microsoft Teams and SAP required
• Sitting at a workstation for extended periods of time
• Stand, walk, climb stairs on an infrequent basis
• Must be able to lift 20 pounds on an infrequent basis.
• High School diploma or equivalent
• 2-3 years of accounts receivable experience.

Nice To Haves

• BA in Accounting preferred.

Responsibilities

• Process all Customer Invoicing on Daily Billing Due List within SAP
• Review all invoices for reasonableness.
• Follow up with Customer Service/Plant Accounting on negative margin invoices to verify pricing/costing accuracy
• Review all related accounting documents for accuracy ensuring that all Customer Invoices are released to accounting.
• Follow up as necessary to identify system fixes required to release invoices where errors are preventing invoice release.
• Review related COPA postings generated at the time of Invoice creation, verifying that all COGS, Revenues and Volumes post properly within SAP
• Reconcile issues found on invoices related to customer PO’s and/or prices.
• Process all Customer adjustments/credit memos relating to pricing, quantity, quality discrepancies as agreed and approved by HFS Management
• Process and Post Approved Special Billing Items.
• Generate invoice to Customer.
• Coordinate the Month End closing process as it relates Accounts Receivable ensuring that all Goods Issues are posted, and to the proper accounting period, and that all deliveries/returns, credit memos are processed for the accounting close.
• Utilize SAP reports to ensure that these processes have been completed.
• Communication with Inventory Control, Plant Personnel, Customer Service, etc as required
• Process daily cash receipts to Customer Accounts.
• Reconcile differences between payment amounts and invoice amounts.
• Follow up with Customers as necessary to reach resolution.
• Follow up on all Unapplied Cash in a timely manner.
• Perform AR Clearing to ensure that all paid, cleared AR is moved to History
• Communicate with HFS Credit Control and Sales team as necessary to facilitate the resolution of AR Issues/Aged Items.

Benefits

• We offer a comprehensive benefits package including health, dental, 401k and wellness benefits beginning on the first day of employment.
• The position is eligible for a discretionary annual incentive based on company and individual performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED