Accounts Receivable Specialist - Radnor, United States - FXI Inc

FXI Inc

Verified Company

Radnor, United States

1 day ago

Posted by:

Mark Lane

beBee recruiter

Description

Overview:

Position Summary:

The Accounts Receivable Specialist organizes and accounts for all incoming revenue and ensures timely and accurate records of deposits. This position coordinates with various departments to ensure accurate receipt and tracking of revenue. Approval and processing of various transactions including discounts and allowances. Also reconciles problems causing shortages. Daily reporting cash receipts to management and other supporting area of the finance department. Process bank deposits daily for the incoming cash and process the payment received. Process credit and debit memos where needed. Process claims for shortages. Research and reconcile charge backs.

Responsibilities:

Bank deposit processing. System entry of cash received. Process payments received.
Reconcile shortages/allowances and chargebacks.
Downloading Remittances from Portals and formatting in Excel
Contacting Customer for remittances and on short payments
Assist in the balancing of accounts receivable daily and at month end.
Work on special projects as needed including audit requests
Ensure all payments are posted accurately by the end of each day
Ensure compliance with all reporting deadlines.
Work with Customer Service and Sales to coordinate efforts in resolving problems to ensure timely payment or repayment of short paid invoices
Problems resolved resulting in expedition of repayment and avoiding future shortages
Run Weekly and Month Reports

Qualifications:

Associate's degree in Accounting, Finance, or related field preferred.
2+ years of experience in accounts receivable or related financial role.
Proficiency in Microsoft Excel and accounting software (e.g., QuickBooks, SAP).
Strong attention to detail and accuracy in data entry and reconciliation processes.
Excellent communication skills, both verbal and written, with the ability to interact effectively with customers and internal stakeholders.
Ability to prioritize tasks, meet deadlines, and work effectively in a team environment.
Strong problemsolving skills and the ability to resolve paymentrelated issues promptly.
Knowledge of accounts receivable best practices and compliance requirements.

Key words:
#LI-Hybrid