Job Openings Account Receivable Exceutive

About the job Account Receivable Exceutive

Job Summary:

The Accounts Receivable Executive will be responsible for managing the accounts receivable function and ensuring timely and accurate processing of customer invoices. The ideal candidate will have hands-on experience with NetSuite, a comprehensive understanding of accounts receivable processes, and excellent communication skills.

Key Responsibilities:

  1. Invoicing and Billing:

    • Generate and distribute accurate and timely customer invoices.
    • Ensure all invoices comply with company policies and customer agreements.
    • Handle billing discrepancies and resolve issues promptly.
  2. Cash Application:

    • Post customer payments to appropriate accounts.
    • Reconcile payments and resolve any discrepancies.
    • Ensure accurate and timely application of cash receipts.
  3. Collections:

    • Monitor and manage accounts receivable aging.
    • Implement and maintain an effective collection strategy.
    • Communicate with customers to resolve outstanding payment issues.
  4. NetSuite Expertise:

    • Utilize NetSuite for day-to-day AR transactions.
    • Customize and create reports within NetSuite to support AR processes.
    • Collaborate with IT to troubleshoot and resolve NetSuite-related issues.
  5. Credit Management:

    • Assess and establish credit limits for new and existing customers.
    • Review and update credit terms based on customer payment history.
    • Work closely with Sales and Customer Service teams to evaluate credit risk.
  6. Reporting:

    • Prepare and analyze regular AR reports.
    • Provide management with insights into AR performance.
    • Recommend process improvements based on data analysis.
  7. Customer Communication:

    • Respond to customer inquiries regarding invoices and account status.
    • Provide excellent customer service to internal and external stakeholders.
  8. Compliance:

    • Ensure compliance with accounting policies and procedures.
    • Stay updated on relevant accounting standards and regulations.

Qualifications:

  • Bachelors degree in Accounting, Finance, or related field.
  • Proven experience as an Accounts Receivable specialist, preferably with NetSuite proficiency.
  • Strong understanding of accounting principles and practices.
  • Excellent analytical and problem-solving skills.
  • Effective communication and interpersonal skills.
  • Ability to work independently and collaboratively within a team.
  • Detail-oriented with a focus on accuracy and completeness.
  • Proficient in Microsoft Office Suite, especially Excel.

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