Accounts Receivable Specialist

Job Description A Northern New Jersey manufacturing company has an opportunity for an Accounts Receivable Specialist. This position is responsible for all aspects of A/R including but not limited to the recording and posting of payments, the monitoring and analyzing of customer accounts and the set-up of new customer accounts.Responsibilities:Opening new Customer AccountsDetermining how new accounts will be established by reviewing and researching credit payment history and obtaining further information when necessaryMonitors, analyzes and contacts customer accounts to determine account statusAnswer customer inquiries in a timely and professional mannerMonitors payment activity and initiates collection action as per corporate guidelinesRecords and posts all payments to Accounts receivable utilizing ERP systemReconcile transactions and balance to maintain accurate accountsVerify validity of account discrepancies and resolves them in a timely mannerRun weekly aging reports and analyze delinquent accountsPrepares report on highest risk accounts including recommendations for resolutionFrequently correspond with customers to determine payment abilitySubmit proposed adjustments to accounts monthlyNegotiate payment programs with delinquent customers, within company guidelinesIdentify accounts requiring collection agency or legal action to senior managementDaily billing of invoices as well as sending invoices to clientsReceive and review customer Credit ApplicationsFollow established credit policies in determining whether to grant credit and obtain senior management approval for credit request exceeding already established parametersAssist in developing procedures for evaluating customer financial strength and setting as well as changing credit terms/limits, as well as credit holdsAll other duties as assignedSkills Summary:5-10 years of experience in general AR functions, which include credit verification, invoicing, collections, payment application, dispute resolution, credit card retrievals, chargebacks, reconciling to general ledger and customer service.Strong collection background - 5+ years of collection experience a mustExperience with AIA billing a mustMathematical and accounting aptitudeExperience using Microsoft Word and Excel is a mustExcellent analytical and problem solving skillsExcellent communication skillsAbility to demonstrate organizational skills to function effectively while still maintaining attention to detail and meeting established guidelines.Benefits Include:401(k)Dental insuranceFlexible spending accountHealth insuranceHealth savings accountLife insurancePaid time offReferral programRetirement planVision insurance