Accounts Receivable

Description

This role is responsible for managing the full-cycle accounts receivable (AR) process, ensuring accurate and timely invoicing, payment application, and collections. The ideal candidate will have experience working in NetSuite and a strong understanding of accounting principles, particularly within a material handling or industrial distribution company.

Requirements

Job Responsibilities:

• Generate and issue invoices to customers in NetSuite based on sales orders, contracts, and shipments.
• Accurately apply customer payments, including checks, ACH, wire transfers, and credit card transactions.
• Monitor the AR aging report and follow up on overdue accounts to ensure timely collections.
• Communicate with customers regarding outstanding balances, payment discrepancies, and billing inquiries.
• Reconcile accounts receivable ledger to ensure all payments and credits are properly recorded.
• Process and track customer deductions, disputes, and chargebacks, working closely with sales and customer service teams for resolution.
• Prepare and distribute monthly statements and collection notices as needed.
• Assist with cash application, bank deposits, and reconciliation of AR accounts.
• Maintain customer credit files, assess creditworthiness, and recommend credit limits in collaboration with management.
• Support month-end closing activities, including AR reconciliations, reporting, and journal entries.
• Ensure compliance with company policies, GAAP, and industry regulations.
• Provide AR-related reports and insights to management as needed.
• Assist in process improvement initiatives to enhance efficiency in AR operations.

Education and Experience:

• 2+ years of experience in accounts receivable or a similar accounting role.
• Experience in material handling, manufacturing, or distribution industry is a plus.
• Proficiency in NetSuite (required) and Microsoft Office (Excel, Word, Outlook).
• Knowledge of AR best practices, collections, and credit analysis.
• Familiarity with ERP systems and financial reporting tools.
• Strong attention to detail and accuracy.
• Excellent problem-solving and analytical skills.