Accounts Receivable Specialist

Description

Manages invoices, tracks payments, and ensures timely collections, while also maintaining accurate records.

• Collections :
• Monitor the firm’s accounts receivable and identify overdue accounts.
• Contact customers with overdue accounts and attempt to either collect the overdue amount or negotiate a payment plan to collect it in installments.
• Lead meeting with sales team to address collection issues.
• Use credit bureau data, post office information, internet searches and other tools to try to locate customers who have moved or changed phone numbers.
• Maintain records of contacts and attempted contacts with delinquent account customers as well as records of any payments collected from the customer.
• Resolve customer issues and complaints concerning billing.
• Following up with clients on outstanding invoices.?
• Submit regular reports on the status of unpaid accounts and any repayment progress.
• Invoice Management :
• Generating and issuing invoices to clients timely.?
• Payment Processing :
• Monitoring incoming payments and ensuring they are applied correctly.?
• Reconciling payments to invoices.?
• Addressing payment discrepancies and resolving issues.?
• Record Keeping :
• Maintaining accurate and up-to-date client records.
• Keeping accounts receivable records up-to-date.
• Potentially involved in credit management, assessing creditworthiness, and setting credit limits.?
• Reporting and Analysis :
• Generating reports on accounts receivable.
• Analyzing payment histories and trends.
• Other Duties :
• May assist with month-end closing activities related to accounts receivable

Requirements