Account Receivable Lead

Experience: 4 to 7 years.

Company Overview

Accounts Receivable

Job Responsibilities

• Support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts.
• Communicate discrepancies to the management team, identify slow-paying customers, and recommend collection candidates.
• Assist in streamlining and improving the accounts receivable process, identifying areas of performance improvement.
• Exercise integrity and confidentiality in financial reporting, and comply with federal, state, and local financial requirements.
• Receiving and sorting incoming payments with attention to credibility
• Managing the status of accounts and balances and identifying inconsistencies
• Issuing sales orders and Sales invoices
  

Requirements

• Gather and verify invoices for appropriate documentation prior to payment.
• Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared.
• Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger.
• Monitor and collect accounts receivable by contacting clients via telephone, email, and mail
• Prepare analytical and ratio analysis in relation to A/R for management to gain a better understanding of how collection efforts are progressing.
• Support other accounting and finance team members, inventory management, and cost accounting.
• Assume the responsibility of receiving and sorting incoming payments with attention to credibility
• Manage the status of accounts and balances and identify inconsistencies.
• Issue and post bills, receipts, and invoices
• Check the validity of debit accounts.
• Update accounts receivable database with new accounts or missed payments.
• Ensure all clients remain informed on their outstanding debts and deadlines.
• Provide solutions to any relative problems of clients
• Write thorough reports on billing activity with clear and reliable data
• Comprehensive understanding of AR month-end cycle (From Billing to Payment Application, contract billing, and Order to Cash)
• In depth understanding of Accruals and Deferrals
• Posting month-end entries in the GL
  

Qualification