AR Specialist

About the Role

The Accounts Receivable Specialist is responsible for managing customer payments, processing incoming funds, and ensuring proper recordkeeping in accordance with GAAP. This position plays a key role in ensuring timely collections, accurate financial reporting, and compliance with the company’s internal control processes. This is an onsite position.

Responsibilities

• Manage and monitor accounts receivable balances, ensuring timely collection of outstanding invoices.
• Reconcile customer accounts with contracts, agreements, and purchase orders to verify the accuracy and validity of invoices.
• Process customer payments and apply them to the correct accounts in NetSuite.
• Prepare and send invoices to customers, ensuring accuracy in billing details.
• Perform regular A/R aging reviews and follow up with customers on overdue accounts to expedite collections.
• Maintain detailed and accurate records of all customer transactions and documentation for tax and audit purposes.
• Assist the accounting manager with closing at the end of every month and preparing monthly metrics and statistics.
• Perform all other duties as assigned.

Qualifications

• Bachelor's degree in finance, accounting, economics, or related fields. A master’s degree is preferred.
• At least 2 years of accounting work experience in a business or CPA firm, with familiarity in business processes in manufacturing and trading companies; experience in Accounts Receivable accounting is preferred.
• Excellent verbal and written communication skills to effectively work with vendors and team members, along with high flexibility and strong interpersonal skills.
• Proficiency in Microsoft Office; experience with accounting software and Oracle NetSuite system is preferred.
• Skills in risk assessment and management, with the ability to identify and evaluate financial risks and propose corresponding risk mitigation strategies.
• Strong analytical and problem-solving skills to quickly identify and resolve financial-related challenges and issues.
• High level of professional ethics and standards, adhering to financial industry guidelines and regulations, and ensuring the accuracy and confidentiality of data.