Accounts Receivable Specialist
1 week ago
MAKE SURE TO INCLUDE YOUR VOICE RECORDING OR YOUR APPLICATION WILL NOT BE LOOKED AT.
Purpose/Objective:
Ensure timely collection of outstanding payments, maintain healthy cash flow, and minimize bad debt while preserving positive customer relationships through professional and effective collection practices.
Role Description:
The Accounts Receivable Specialist manages the collection of payments owed to the company, maintains accurate financial records, reconciles accounts, and works with customers to resolve payment issues. This role is critical to maintaining the company's financial health and working capital.
Core Responsibilities:
Monitor accounts receivable aging reports
Contact customers regarding overdue payments
Process and post customer payments
Reconcile customer accounts and resolve discrepancies
Maintain accurate AR records in accounting system
Prepare and send invoices and payment reminders
Negotiate payment plans for delinquent accounts
Coordinate with sales and customer service on collection issues
Prepare AR reports and forecasts
Identify and escalate potential bad debt situations
Key KPIs:
Days Sales Outstanding (DSO) - primary metric
Collection Effectiveness Index (CEI)
Accounts Receivable Turnover Ratio
Percentage of Receivables Over 90 Days
Bad Debt Percentage
Average Days Delinquent
Cash Collection Rate
Number of Accounts Reconciled
Invoice Accuracy Rate
Customer Payment Disputes Resolved
Monthly Cash Collections vs. Target
Job Type: Part-time
Pay: $6,018.70 per month
Expected hours: 16 per week
Work Location: Remote
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