Salary Mid-Point: $46,000
Location: Chicago IL
Job Type: Permanent

A/R Specialist

Primary Responsibilities:

  • Make collection calls to customers and send out emails to generate quicker customer payment receipt.
  • Expedite the receipt timing period of cash receipts from customers for shipped and billed orders
  • Serve as a backup to billing function to invoice shipped orders using BOL’s
  • Serve as a backup to cash receipts application function
  • Manage and reduce/minimize DSO days for outstanding unpaid invoices
  • Track open customer unpaid invoices and report on them and keep up KPI performance metrics reporting on past dues and DSO and days to collect via charts and graphs
  • Manage A/R collection metrics to preset goals- reduce past dues over 60 days and eliminate past dues over 90 days to zero
  • Manage credit reports
  • Analyze new customer credit requests to open accounts, make recommendations after payment history research including trade reference and banking reference checks, and recommend credit limits to be set
  • Process any new credit applications and follow up on pending applications.
  • Update system with sales, customer, search name, accounting and AP contact name, credit limit, terms and attaching documents for file.
  • Resolve customer billing problems and save AR delinquency.
  • Performing day to day financial transactions.
  • Performs the day-to-day, monthly and year-end operations of the Accounting Department.
  • Provides sales reporting and analysis.
  • Perform the processing of monthly accruals and amortization of prepaid expenses.
  • Perform general accounting analysis and reconciliations.
  • Assist in the preparation of financial statements and financial reporting.
  • Assist Controller and CFO as needed on month end financial reporting and reconciliations and account analysis with excel
  • Create KPI performance metrics graphs to track several exceptions in expenses and sales

Requirements:

  • Associate’s in accounting required
  • 3+ years experience as an account receivables collections specialist, with 2 years of general ledger and financial reporting and analysis experience and  2+ years of accounting in a manufacturing environment.
  • Manufacturing experience required; preferably within the food industry

If interested, please send your resume directly to jeffzaremba@ifgpr.com for consideration.