Accounts Payable/Accounts Receivable Specialist

Job Description Accounts Payable/Accounts Receivable Specialist Job Summary: This position is under the supervision of the Accounting Manager. The AP/AR Specialist will be responsible for managing the accounts payable and accounts receivable functions of the organization. They will process invoices, payments, and receipts accurately and efficiently, ensuring compliance with company policies and procedures. Additionally, they will communicate with vendors and customers to resolve payment discrepancies and maintain positive relationships. Education: Bachelor’s or Associate’s degree in Accounting, Finance, or related field preferred. Experience:Minimum of 2 years of experience in accounts payable, accounts receivable, or a related finance role preferably in manufacturing, Requirements:Proficiency in accounting software (specifically MS Dynamics). Strong understanding of accounts payable and accounts receivable principles and practices. Attention to detail and accuracy in data entry and financial transactions. Excellent organizational and time management skills. Ability to prioritize tasks and meet deadlines in a fast-paced environment. Effective communication and interpersonal skills. Knowledge of tax regulations and compliance requirements. Experience with Microsoft Excel and other financial analysis tools is a plus. Duties: Process accounts payable invoices, verify accuracy, and ensure timely payments to vendors. Reconcile vendor statements and resolve discrepancies in a timely manner. Prepare and review accounts receivable invoices and ensure timely billing to customers. Monitor accounts receivable aging and follow up on overdue invoices to facilitate timely collections. Assist with month-end closing activities, including reconciliations and financial reporting. Respond to vendor and customer inquiries regarding invoices, payments, and account balances. Collaborate with other departments to resolve billing and payment issues and improve processes. Assist in the development and implementation of accounting policies and procedures. Stay informed about changes in accounting regulations and standards and ensure compliance with applicable laws and regulations.