Accounts Receivable Associate

Accounting & Finance Philadelphia, Pennsylvania


Description

Summary: In this role, the Accounts Receivable Associate, will be part of the shared service accounting group and is responsible for applying payments and reconciling sales allowances on customer accounts.

Essential Duties and Responsibilities (other duties may be assigned):

-    Analyze customer accounts: payments, deductions, credit limits and routine/non-routine allowances.
-    Entering finalized cash receipts and updating accounts receivables into SAP.
-    Review reserve rates (i.e. returns, chargebacks, rebates) for accurate POS accrual
-    Month-end close responsibilities which would include reconciliations of AR activity/accruals.
-    Researching and processing chargebacks, adjustments, rebates, returns, bad checks etc.
-    Responding to customer inquiries and resolving any billing and/or payment discrepancies.
-    Making collection calls to customers with overdue account balances.
-    Recommending write-offs of uncollectible balances.
-    Assisting in other analysis and other duties as assigned.

Qualifications: This position requires good verbal, listening and written communication skills and the ability to prioritize and organize multiple tasks simultaneously. Must be detail-oriented, proficient in MS Word and Excel, and have current working knowledge of accounting software programs. Must have a strong customer service attitude and a professional demeanor when dealing with internal and external clients.  

Education/Experience:  A Bachelor degree is required along with a minimum of two to three years of relevant work experience (A/R, reconciliations, collection calls); A solid understanding of bookkeeping and accounting functions is necessary.