Accounts Receivable Specialist

Job Description

Job Description

We are looking for an experienced Accounts Receivable Specialist to join our team in Wilmington, Massachusetts. In this Contract-to-permanent position, you will play a vital role in managing customer accounts, ensuring timely collections, and maintaining accurate financial records. This is an excellent opportunity for a detail-oriented individual to contribute to the financial health of the organization.

Responsibilities:
• Monitor and manage the aging of assigned accounts to ensure timely collections and effective communication.
• Provide customers with detailed invoice information and coordinate billing updates with relevant departments.
• Document daily collection activities by adding detailed and relevant notes to individual accounts.
• Evaluate and resolve credit holds, making informed decisions about releasing orders or initiating follow-up calls.
• Analyze payment histories, verify checks, and review organizational payments and posted invoices.
• Prepare and submit delinquent accounts to third-party collection agencies when necessary.
• Generate and distribute regular reports on the status of unpaid accounts to relevant stakeholders.
• Print and mail monthly statements to customers to ensure account accuracy and timely communication.
• Process incoming payments, summarize daily check deposits, and maintain accurate deposit records.• Proven experience in accounts receivable or a related financial role.
• Strong ability to manage aging accounts and ensure timely collections.
• Excellent organizational skills with attention to detail in documenting account activities.
• Proficiency in analyzing payment histories and verifying financial transactions.
• Effective communication skills to liaise with customers and internal departments.
• Familiarity with preparing reports and submitting accounts to collection agencies.
• Ability to handle high volumes of invoices and payment processing efficiently.
• Knowledge of financial systems and tools specialized for accounts receivable tasks.