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Accounts Receivable/Collections Specialist

Location
Phoenix, Arizona
Job Type
Permanent
Posted
30 Jul 2022
Description:
Job Title: Accounts Receivable/Collections Specialist

Job Code: IMS-86859

Job Location: Phoenix, AZ (position is on-site)

Job Description:

Performs a variety of Accounts Receivable accounting and Collection tasks, including but not limited to AR and intercompany transactions; account reconciliations and reserves analysis; month-end-close activities; participation in the quarterly Sarbanes-Oxley (SOX) audits and statutory audits; general administrative duties. Act as backup to Accounts Payable & Payroll as well, and other related Accounting/Finance related activities.

Following are responsibilities related to Accounts Receivable and Collection role:

Accounts Receivable:
  • Producing and distributing customers' statements (SOA), scheduled and ad-hoc
  • Generating and analyzing AR Aging and past due reports: providing customers' status and payment expectations, ensuring the adherence to contractually agreed payment terms
  • Identifying and resolving incorrect billing issues w/external as we as internal customers (Contracts and OrderAdmin groups)
  • Facilitating appropriate approvals of credits / returns / invoices, where required
  • Preparing reserves' calculation for Collection Allowance
  • Conducting customer's creditworthiness review, when required, for credit terms considerations
  • Monthly accounts reconciliations, including intercompany
  • Supporting Sales Tax compliance
  • Maintain records in compliance with SOX requirements & satisfactory for statutory audits
  • Backup for some Payroll and Accounts Payable activities, as needed
Collections:
  • Contacting customers regarding upcoming due and past due AR balance
  • Process daily bank reports
  • Prepare Cash Application details and validate correctness of posting in ERP
  • Identify and research all cash receipts
  • Work to meet past due target % commitment
Essential Functions:
  • Process-focused and task execution driven
  • Ability to manage large transactional volumes and tight deadlines
  • Results oriented can manage multiple deadlines and meet them
  • Demonstrate excellent teamwork qualities in a diverse and demanding environment
  • Develops strong partnership/teambuilding relationships with all functional areas and business levels within the company
  • Strong interpersonal skills, with ability to work independently, as well as part of a team
  • Effective listener and flexible in approach to solutions
Qualifications:
  • Requires fully proficient job knowledge/skills
  • Requires a High School Diploma or equivalent and a minimum of 6 years of prior relevant experience or 2 years post-Secondary/Associates Degree with a minimum of 2 years of prior related experience.
  • Experienced with triple-match rule
  • Proficient in Excel and 10-Key/data entry
Preferred Additional Skills:
  • Experience in large corporation
  • Experience in manufacturing/engineering industry
  • Associates degree in Accounting
  • SAP or another common ERP platform
  • Experience with CRM and workflows
  • PeopleSoft payroll experience is a plus
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Details

  • Job Reference: 671932324-2
  • Date Posted: 30 July 2022
  • Recruiter: L-3 Technologies
  • Location: Phoenix, Arizona
  • Salary: On Application
  • Sector: Accounting
  • Job Type: Permanent