Accounts Receivable Specialist

Accounts Receivable Specialist

Accounts Receivable Specialist

 

The Accounts Receivable Specialist is responsible for processing and reconciling vendor and customer disputes, posting chargeback credit card charges, maintaining documentation of chargebacks, and updating revenue reports when necessary. The right hire must possess a high degree of problem-solving skills and record keeping experience. This role involves time sensitive processing of work cases for a high volume of chargebacks with major big box retail customers.

Duties may include but are not limited to:

  • Perform accurate remittance posting and ensure reconciliation in accordance with established financial policies and procedures.
  • Streamline the payment process for outstanding invoices by sending timely bill reminders and engaging with clients to facilitate prompt payments.
  • Thoroughly examine deductions, proactively address past due invoices, and efficiently resolve overdue deductions.
  • Validate credit claims and submit them for approval, while also taking charge of issuing credit memos (CM's).
  • Collaborate closely with the Sales team and external departments to effectively address financial matters associated with customer accounts.
  • Generate comprehensive weekly and monthly reports, as well as prepare detailed financial statements that provide insights into the current status of accounts receivable.
  • Fulfill any additional tasks assigned by supervisors while maintaining a high standard of work performance.

Qualification/Requirements:

  • Bachelor’s degree from a four-year college or university; or equivalent combination of education and experience
  • Prefer 2 years of accounts receivable and collection experience
  • Experience in managing a high volume of chargebacks with the big-box retailer, Walmart retail account experience preferred
  • Must be able to communicate clearly and effectively with confidence at all levels of the organization
  • Strong computer related skills, especially in Microsoft Excel, are required
  • Strong analytical and problem-solving skills
  • Must possess detail orientation, solid execution capabilities, and the ability to effectively manage multiple tasks and deadlines with appropriate priorities
  • Work effectively and collaboratively across departments and functions