AR Analyst

JR105588 AR Analyst

GENERAL PURPOSE

Responsible for managing the collection of Accounts Receivable in compliance with established policies. Includes communication with external and internal customers to maintain status of accounts through collections of payments, account reconciliations, backlog management and dispute resolution.

ESSENTIAL FUNCTIONS

• Assign appropriate codes to customer accounts for collection purposes
• Assist with AR Audit processes and documentation
• Assist with training of new AR Analysts
• Escalate collection issues appropriately as prescribed in the Best Practices worksheet
• Follows prescribed documented procedures to ensure accuracy and audit requirements
• Identify and recommend process improvements
• Maintain current status of accounts and monitor credit limits
• Process A/R portion of new business partner workflow
• Record collection efforts appropriately
• Review and approve customer orders in the order system based on the credit line and payment status
• Under broad supervision collect on outstanding Accounts Receivable for a variety of distributions using an assortment of reports and programs
• Understand and communicate department results
• Work with Credit Analysts to manage challenging accounts
• Work with internal customers for information & resolution of payment issues
• Performs additional responsibilities as requested to achieve business objectives.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience

• Bachelor's Degree in Accounting / Finance. or equivalent experience demonstrating proficiency required. 2 years of experience of professional accounting/finance experience required.
• Advanced Excel Skills
• Proficient with an Order to Cash system
• Experience reading and interpreting payment terms for contracts
• Advanced knowledge of and experience with accounting principles, concepts, theories, and techniques in conducting activities supporting the development, monitoring and maintenance of customer accounts.
• Under minimal supervision, ability to maintain, audit, and adjust customer accounts that impact the general ledger

Skills and Abilities

Ability to successfully complete assignments that are broader in nature, usually requiring an advanced understanding of and extensive experience in customer account management fundamentals.

Proficient communication skills and basic negotiation skills.

Ability to apply logic in solving problems non-routine in nature

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

Must be able to perform all essential functions of the position with or without accommodations.