Accounts Receivable Specialist
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CategoryAccounting/Finance
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LocationPeabody, Massachusetts
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TypeDirect hire
Accounts Receivable Specialist- Peabody
Our Client, a growing, high technology manufacturing company, is seeking a highly motivated, and career minded individual to serve as our Accounts Receivable Specialist to provide support to businesses in Peabody, MA and Keene NH. This position is located in Peabody.
As Accounts Receivable Specialist, you will be responsible for all aspects of credit, collections, and cash application functions. The ultimate objective is to minimize credit risk and to follow up on all accounts receivable to achieve a minimum amount of days sales outstanding in open accounts receivable
Specific Duties and Responsibilities:
· Initiate all collection activities, follow-up and monitor results including written correspondence, telephone, fax, and e-mail with customers
· Interface with sales, service, and logistics departments in resolving any accounts receivable issues, including initiating requests for billing adjustments and keeping the departments updated on any A/R collection issues
· Perform month end reconciliations
· Process journal entries related to month end
· Establish and maintain credit and collection files and records.
· Apply all cash receipts (local deposits, lockbox deposits, and wire transfers) to the appropriate invoices on customers’ accounts
· Process all credit card settlements from customers paying via credit card
· Administer Letters of Credit, including review, documentation and follow up with advising bank
· Monitor credit lines
· Process daily sales invoicing
· Perform all duties in accordance with company policy
· Authorize or deny shipping to customers on open payment terms
· Ad-hoc projects as assigned by Finance Manager
Qualifications:
· A minimum of an Associate’s Degree, preferably in Accounting
· 3 - 5 years’ experience in credit and collections, including international credit/collections & review/processing of letters of credit & bank drafts
· Computer literate with Microsoft Office Suite experience
· Good verbal and written (English) communication skills
· Self-Motivated
· Preferred but not required prior experience working in a manufacturing environment
· Microsoft Navision, Business Central, Dynamics AX experience is a plus
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