Company in the Health and Beauty industry is looking for an Accounts Receivable Clerk to join their team.
The company is located in White Plains, NY - Hybrid Schedule (3 days in the office, Tuesday, Wednesday and Thursday). Company offers Health, Dental, Life and supplemental Disability Insurance, 401k (50% match up to 5%), 15 days accrued PTO, Work From Home Policy.
Overview: Rapidly growing world-class manufacturer providing high-quality, effective products within Health & Beauty Aid products is in search of a AR Clerk to join our accounting and finance team. Reporting to the Senior Manager, Financial Controls, the AR clerk will primarily work on Accounts Receivable duties and may assist the Accounts Payable and Accounting departments
Responsibilities:
- Prepare, verify, and record customer receipts in addition to other transactions related to accounts receivable.
- Resolve customer payment discrepancies and disputes on behalf of the company.
- Assist in monitoring and managing customer deductions, including filing claims directly on Customer portals.
- Identify customers at risk through review of aged accounts receivable
- Periodically review Customer credit limits for adequacy
- Monthly reporting of aged accounts receivable by customer, identifying and noting past due amounts.
- Gathering and sorting documents and related information necessary to support claims against AR
- Daily communication of Bank Balances and Customer receipts
- Regularly review the AR aging report to assess outstanding balances by age (e.G., current, 30, 60, 90, 120+ days).
- Identify trends or patterns in overdue accounts.
- Record communication and collection activities related to aged receivables.
- Performing and monitoring the effectiveness of follow-up actions taken on overdue accounts.
- Notating key issues such as disputes, short pays, or unallocated cash.
Secondary Duties
- Review check disbursements ensuring that all payments are made in accordance with company policy.
- Maintains and updates customer/vendor files, including name or address changes, mergers, or mailings.
- Copies, files, and retrieves materials for accounts receivable and accounts payable as needed.
- Monitor the AP email inbox, receiving and recording the receipt of vendor invoices.
- Responding to vendor invoice inquiries and statements
