AR Analyst

AR Analyst

Financial Additions, Inc. | Belle Isle, FL, US
Salary Range:$31,000 – $42,000 Salary range estimated by Zippia

Posted 12 days ago

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Financial Additions has partnered with a distribution company in search of an AR Analyst
This role will be a hybrid position and requires all staff to be in the office twice a week.
Company Offers:

  • Value driven workplace
  • A goal to develop leadership qualities in all employees

Position will be responsible for:

  • Monitor and track the daily analysis of customer disputed invoices/short-payments on a very high volume-based activity.
  • Perform analysis of customer accounts based on the customer's purchases, payment history, credit worthiness, credit limit exposure and our business strategy.
  • Track and evaluate past due A/R accounts to reduce the risk of credit exposure
  • Evaluate aged items for bad debt write off and refund analysis
  • Contact customers to secure payment on overdue balances, issues resolution on open items
  • Maintain and manage all data related to customer discounts, allowances and other deductions
  • Track work on deductions issues unless the issue is resolved
  • Research Cash Applications done on customers from Bank Statements
  • Ensures GAAP, SOX and Watts policies and procedures are adhered to and the ongoing operation, maintenance and controls of the AR system;
  • Financial recovery of invalid disputed customer account receivables balances
  • Negotiate and structure payment plans

Background should include:

  • Associate Degree in Accounting or Finance is required or an associates with 6 hours of accounting/finance
  • Must have at least 5 years of large ERP(SAP, Oracle, etc.)
  • Must have at least 5 years of A/R Dispute resolution, collection, and/or cash applications
  • Must have Advanced Excel skills: writing advanced formulas, Pivot Tables, V-lookups.
  • Must be willing to adhere to company vaccine mandate