Job Description
Job DescriptionWe are looking for a skilled Accounts Receivable Specialist to join our team in South Euclid, Ohio. This is a Contract to permanent position within the manufacturing industry, offering an excellent opportunity for growth. The role is fully on-site, requiring dedication to maintaining accurate financial records and supporting the company’s operational goals.
Responsibilities:
• Process customer invoices based on shipping department documentation and ensure accuracy.
• Match customer payments to open receivables and track advance payments.
• Manage collection efforts through customer follow-ups, maintenance of collection software, and collaboration with the sales team.
• Organize and lead weekly or monthly cross-departmental collection meetings to address outstanding accounts.
• Drive collection strategies by holding internal personnel accountable and ensuring timely payments.
• Conduct research for credit decisions on new and existing customers, proposing appropriate credit limits.
• Monitor customers' financial statuses using credit tools to prevent potential losses and recommend changes to credit limits.
• Make credit hold decisions for customers with delayed payments, ensuring financial security.
• Prepare journal entries for monthly financial closings and reconcile accounts receivable-related general ledger accounts.
• Respond to financial and accounting inquiries by conducting thorough data research and providing clear solutions.• Minimum of five years of accounts receivable experience within the manufacturing sector.
• Proven expertise in managing collection activities and resolving payment issues.
• Strong mathematical skills with the ability to accurately perform debits and credits.
• Demonstrated analytical and problem-solving abilities to tackle financial challenges.
• Excellent verbal and written communication skills for effective interaction with internal and external stakeholders.
• Skilled in negotiation and capable of resolving disputes professionally.
• Ability to work both independently and collaboratively in a team environment.
• High attention to detail and exceptional organizational skills to manage multiple tasks effectively.