Accounts Receivable Analyst
Innovance Inc. · Albert Lea, MN · 3 days ago
AccountingInternship
About the role
Innovance, Inc. is seeking a skilled Accounts Receivable Specialist to join our dynamic team. This role plays a crucial part in ensuring the smooth operation of our financial processes.
Responsibilities
- Reconcile customer invoices and sales transactions, noting payments less discounts.
- Record and post payments from checks, ACH, wire transfers, and credit cards.
- Ensure payments are applied correctly and resolve discrepancies between invoices, payments, and bank statements.
- Maintain accurate customer files in company management systems; keeping track of name changes, mergers, address changes, tax rate changes, and mailing attention for all divisions and relaying this information to appropriate personnel.
- Support month-end and year-end closing processes and provide management with financial insight.
- Resolve customer disputes, maintain strong relationships with clients, and collaborate with sales, finance, and customer service teams to ensure accurate billing and timely payments.
- Perform monthly, quarterly, and yearly sales tax payments.
Requirements
- Knowledge of accounting principles, AR processes, and industry regulations.
- Strong numerical and analytical skills to handle financial data accurately.
- Proficiency in accounting software (e.g., QuickBooks, Sage 50, or ERP systems) and Microsoft Excel.
- Bachelor’s or Associates Degree in Accounting/Finance with 1-2 years previous accounting experience preferred.
- Excellent communication and phone skills.
Qualifications
- Applicable training will be completed by following the syllabi (Human Resources, Safety, IFS - Timeclock, IFS - Navigation, ISO) for each new hire and that will be verified by the Employee Orientation & Job Qualification form within the first 60 days of employment.
- Additional applicable training will be completed by following the individual’s assigned department training matrix, Finance (F4400-049).
- Follow Finance training syllabus (Technical from above list).
- Effectiveness of training guidelines will be determined by employee knowledge and demonstration of learned concepts.
- Additional training after the first several weeks of on-the-job training will be determined by the Supervisor in preparation to operate on their own as needed.
- Any follow-up training will be evaluated and provided at the 60-day review or as deemed necessary for the position.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Compensation
24-30 Hourly Wage