Accounts Receivable Specialist

At Catalyst Brands, we curate and grow iconic retail and lifestyle brands. Representing a premium portfolio that includes Lucky Brand, Brooks Brothers, Nautica, and Aeropostale, our Finance team ensures smooth operations. We are seeking an energetic, detail-oriented AR & Collections Specialist to join our dynamic Wholesale Credit team in Lyndhurst, NJ.

About the role

As the AR & Collections Specialist, you will play a critical, dual role in securing our cash flow. You will manage daily cash applications and accounts receivable reconciliation across our multi-brand portfolio while actively driving proactive B2B collections. Collaborating closely with credit analysts, claims managers, and wholesale partners, you will ensure outstanding balances are resolved promptly, cash is applied accurately, and Days Sales Outstanding (DSO) remains optimized.

Responsibilities

• Accounts Receivable & Cash Application
  • Daily Cash Application: Apply wire transfers, ACH payments, checks, and daily/monthly credit card transactions across multiple brand portfolios accurately and timely.
  • EFT & Bank Management: Monitor and reconcile daily EFT payments directly from our corporate banking platforms.
  • Reconciliation: Perform ongoing cash reconciliation of wholesale customer accounts, ensuring all credits, unapplied cash, and payments are accurately matched.
  • Month-End Support: Prepare, balance, and distribute critical month-end accounts receivable reports and general ledger inputs.
• Proactive B2B Collections & Portfolio Management
  • Active Collections: Monitor and analyze weekly and monthly Accounts Receivable Aging Reports to identify delinquent or past-due wholesale customer accounts.
  • Customer Outreach: Establish and maintain professional, firm, and collaborative outreach (via phone and email) with past-due accounts to secure timely payments.
  • Dispute & Chargeback Resolution: Partner with the Claims Manager to identify, research, and resolve chargebacks, short payments, and payment deductions.
  • Credit Collaboration: Assist the Credit and Finance departments with special projects, evaluating credit-hold statuses, and adjusting credit limits based on payment trends.

Requirements

• Experience: 3–5 years of dedicated experience in Accounts Receivable, Cash Applications, and business-to-business (B2B) Collections. Experience working in retail, wholesale, or consumer goods is highly preferred.
• Technical Savvy: Intermediate to advanced Excel skills are required (fluent with VLOOKUPs, Pivot Tables, and sorting large financial data sets).
• System Knowledge: Hands-on experience with modern ERP systems (such as SAP, NetSuite, or AS400) is highly desirable.
• Communication Style: Excellent verbal and written communication skills with a proven ability to negotiate payment terms professionally and maintain positive vendor relationships.
• Execution & Detail: Exceptional time management skills, intense attention to detail, and a track record of performing accurately under pressure and meeting tight closing deadlines.

Benefits

• Competitive benefits package including medical, dental, and vision coverage.
• Term life insurance.
• Paid vacation and holidays (eight paid holidays for eligible associates).
• 401(k) with Company match.
• Associate discount on Catalyst Brands merchandise.
• Additional compensation for store hourly associates scheduled to work on designated holidays.

*Eligibility requirements and details for paid vacation and other benefits can be found at www.catalystbrandsbenefits.com.

About Catalyst

Catalyst Brands reflects the unification of rich heritages with modern excitement and a new vision for success. Six iconic brands came together under a unified portfolio to celebrate the essence of American style. We leverage our rich history, resources, and industry talent to build the success of our brands. Our shared purpose is to ignite America’s most beloved retail brands to make fashion accessible to all.

At Catalyst, we foster a dedicated team environment where associates are encouraged to be uniquely themselves in a safe, caring, and welcoming space. It’s a place where careers prosper, accomplishments are celebrated, and diversity flourishes.

Pay

USD $57,200.00 - USD $104,000.00 per year.