Accounts Receivable Specialist

About the role

The Lexipol O2C (Order to Cash) team is responsible for billing, customer collections, and cash application. The Accounts Receivable Specialist ensures accurate and timely processing of customer payments, effectively manages cash flow, and maintains detailed, organized records of all cash application activities.

Responsibilities

• Accurately apply customer payments to respective accounts through various methods, including checks, credit cards, and ACH payments
• Post payments into the accounting system daily, ensuring correct customer accounts, invoices, and transaction codes
• Prepare and review batches before sending to the lockbox; reconcile all lockbox files
• Investigate and resolve any unapplied or misapplied payments, working closely with other accounting and customer service teams as needed
• Research and resolve payment discrepancies, short payments, overpayments, and unapplied cash in a timely manner
• Communicate with internal teams and customers to clarify and resolve payment application issues
• Post and resolve discrepancies related to the customer payment portal with credit card processors
• Maintain accurate records of all cash application transactions, ensuring data integrity and compliance with company policies
• Prepare daily, weekly, and monthly reports to support financial closing activities, including aged cash reports, unapplied cash reports, and reconciliation documentation
• Identify and suggest process improvements to increase efficiency and accuracy within cash application functions
• Assist in implementing best practices for the cash application process to streamline workflows and reduce errors
• Manage multiple inboxes related to internal employee questions and external customer questions

Requirements

• A undergraduate degree in Accounting
• Minimum of 1 year of experience in cash application, accounts receivable, or general accounting
• Experience with ERP/accounting software (e.g., SAP, Oracle, or NetSuite) and proficiency with Microsoft Excel
• Detail oriented and exceptional communicator with internal and external clients
• Working knowledge of bank account reconciliations
• Comfortable with processing a high volume of transactions daily
• Good judgment with excellent problem-solving skills
• Ability to work independently as well as motivated to assist the accounting team
• Extreme attention to detail. You must be able to multi-task and efficiently get through routine task daily
• Strong analytical skills and attention to details
• Excellent organizational and time management abilities, with the ability to prioritize tasks effectively
• Clear and professional communication skills to liaise with both internal and external stakeholders
• Continuous improvement mindset
• Knowledge of Salesforce

Qualifications

• No experience with this

Skills

• Disability Status

Benefits

Lexipol offers a competitive base salary, monthly, quarterly, or annual incentive and a comprehensive benefits package including 401(k) with Company match and a flexible paid time off plan.

Pay

This position is hourly. We are targeting $30/hour plus an annual bonus.

Schedule

The role is hybrid, 2-3 days/week in our Frisco office, depending on business needs.