ACCOUNTS RECEIVABLE SPECIALIST

About the role

Tex Tech is a leader in the research, development, and manufacturing of advanced coating solutions and high-performance textile materials. We are seeking a detail-oriented Accounts Receivable Specialist to support the company's financial operations through accurate collections, cash application, account reconciliation, financial analysis, and reporting. This position plays a critical role in maintaining healthy cash flow, ensuring financial accuracy, and supporting compliance with accounting standards and internal controls. The Accounts Receivable Specialist is responsible for supporting customer receivable accounting activities, including cash application, account reconciliation, collections support, and financial reporting. This position assists in maintaining accurate customer account records, ensuring timely collection of receivables, and supporting month-end close activities. Working closely with Sales, Customer Service, Operations, and Finance personnel, the Accounts Receivable Specialist contributes to the accuracy of financial records and the effectiveness of the organization's cash flow management processes.

Responsibilities

• Oversee customer invoices, credit memos, debit memos, and related billing documents.
• Monitor accounts receivable balances and analyze collection performance to ensure timely payment of customer invoices.
• Apply customer payments accurately and timely to customer accounts.
• Investigate and resolve customer payment discrepancies, deduction claims, short payments, and billing disputes.
• Maintain customer account records and ensure the accuracy of customer master data.
• Perform complex account reconciliations and resolve outstanding receivable issues.
• Analyze aging reports and collection trends and develop recommendations to improve collection effectiveness.
• Communicate with customers regarding account status, payment arrangements, credit concerns, and collections activities.
• Collaborate with Sales, Customer Service, Shipping, and Operations personnel to resolve customer billing and payment issues.
• Prepare daily, weekly, and monthly accounts receivable reports, metrics, and management summaries.
• Assist with month-end and year-end closing activities related to accounts receivable and cash receipts.
• Prepare account reconciliations related to receivables, cash application, reserves, and customer activity.
• Evaluate customer payment patterns and identify collection risks and opportunities.
• Review customer credit applications, establish appropriate payment terms, and credit limits.
• Analyze accounts receivable trends and provide recommendations to improve cash flow and reduce outstanding receivable balances.
• Assist in determining and documenting appropriate reserves for doubtful accounts and bad debt expense.
• Support internal and external audits by providing requested analyses, schedules, reconciliations, and supporting documentation.
• Maintain compliance with company policies, internal controls, and Generally Accepted Accounting Principles (GAAP).
• Participate in financial process improvement, system enhancement, and continuous improvement initiatives.
• Serve as a resource to internal stakeholders regarding accounts receivable processes and customer account activity.
• Other duties may be assigned.

Qualifications

Associate’s degree in accounting, Finance, Business Administration, or related