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Accounts Receivable Specialist
Accounts Receivable SpecialistLedgent • Columbia, MD, United States
Accounts Receivable Specialist

Accounts Receivable Specialist

Ledgent • Columbia, MD, United States
1 day ago
Job type
  • Full-time
Job description

A growing manufacturing company in the Howard County, Maryland area seeks a qualified Accounts Receivable Specialist

Responsibilities

  • Support compliance with Accounting Department policies and procedures.
  • Review and verify customer payments for accuracy.
  • Maintain and update the daily cash receipts and deposit tracker.
  • Ensure payments are applied correctly based on customer remittance details.
  • Contact customers for missing or unclear remittance information to prevent misapplied funds.
  • Report any cash application or banking issues to the Associate Director promptly.
  • Retrieve and review daily Lockbox reports and images from the bank.
  • Reconcile daily cash receipts with bank deposits and resolve any discrepancies.
  • Post all daily cash receipts before month-end close to support accurate financial reporting.
  • Identify and resolve recurring payment or account issues proactively.
  • Investigate and correct complex posting errors, escalating as needed.
  • Process account adjustments within approved limits.
  • Monitor and follow up on outstanding receivables to ensure timely collections.
  • Communicate with customers to resolve billing issues and maintain good payment standing.
  • Prioritize accounts by balance and aging to focus collection efforts effectively.
  • Respond to customer calls and emails to address payment or billing inquiries.
  • Prepare accurate customer statements and account reports.
  • Resolve payment disputes and billing discrepancies professionally and promptly.
  • Collaborate with internal teams and external customers to resolve collection issues.
  • Achieve or exceed monthly cash collection goals.
  • Perform general accounting and administrative duties as needed.
  • Prepare weekly updates on collection activities.
  • Review and release customer orders on credit hold once issues are resolved.
  • Complete assigned projects and tasks with accuracy and attention to detail.
  • Perform other related duties as assigned.

Qualifications

  • Associate's or Bachelor's degree in Accounting, Finance, or a related field - or equivalent relevant work experience.
  • 1-3 years of experience in cash applications, credit, or collections, preferably in a high-volume environment.
  • Proficient in Microsoft Word and Excel, with solid computer skills.
  • Highly organized, detail-oriented, and self-motivated with a strong sense of initiative.
  • Strong analytical skills with the ability to interpret and summarize data effectively.
  • Experience handling foreign currency transactions
  • All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county , to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.

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    Account Receivable Specialist • Columbia, MD, United States