Job opening: Accounts Receivable Specialist in Las Vegas, U.S.

#hiring Accounts Receivable B2B Specialist, Las Vegas, United States, $41/hr, fulltime #opentowork #jobs #jobseekers #careers $41/hr #LasVegasjobs #Nevadajobs #Accounting Apply: https://lnkd.in/gngM7GFm The Accounts Receivable B2B Specialist plays a key role in the financial stability of an organization by managing overdue accounts and ensuring timely payment from customers. This position requires a proactive and assertive individual with strong negotiation skills and a firm understanding of credit and collections processes. The Accounts Receivable Controller works closely with customers and internal Stakeholders including Sales and Commercial Finance to resolve outstanding debts while maintaining positive relationships and adhering to company policies and legal requirements.Regions covered: Americas What You'll Do Account Monitoring : Monitor accounts receivable to identify overdue payments and delinquent accounts. Keep track of payment deadlines and follow-up with customers to ensure timely payment. Collections Activities : Contact customers via phone calls, emails, and letters to remind them of outstanding balances and negotiate payment arrangements. Utilize effective negotiation and persuasion techniques to encourage customers to fulfill their financial obligations. Payment Processing : Process payments received from customers and allocate them to the appropriate accounts. Update account records with payment information and maintain accurate documentation of all collection activities. Dispute Resolution : Address customer inquiries, disputes, and complaints related to billing or payment issues. Investigate discrepancies and work with internal teams to resolve issues in a timely and satisfactory manner. Process relevant credits for customers in a timely manner. Customer Communication : Maintain open and effective communication with customers to provide assistance and support in resolving payment issues. Build rapport and trust with customers while representing the organization professionally and courteously. Reporting and Documentation : Prepare regular reports on collection activities, including account aging analysis, payment trends, and collection effectiveness. Maintain detailed records of communication with customers and document all collection efforts in accordance with company policies and legal requirements. Provision Estimations : Collaborate with finance and accounting teams to contribute valuable insights and data for accurate bad debt estimations. Compliance : Ensure compliance with relevant laws, regulations, and industry standards governing collections practices and other consumer protection laws. Adhere to company policies and procedures regarding collections activities and data privacy. Collaboration : Collaborate with internal teams, including GL, finance, Sales, and Sales Operations, to share information and coordinate effor

#hiring Accounts Receivable B2B Specialist, Las Vegas, United States, $41/hr, fulltime #opentowork #jobs #jobseekers #careers $41/hr #LasVegasjobs #Nevadajobs #Accounting Apply: https://lnkd.in/gJ7x-GrE The Accounts Receivable B2B Specialist plays a key role in the financial stability of an organization by managing overdue accounts and ensuring timely payment from customers. This position requires a proactive and assertive individual with strong negotiation skills and a firm understanding of credit and collections processes. The Accounts Receivable Controller works closely with customers and internal Stakeholders including Sales and Commercial Finance to resolve outstanding debts while maintaining positive relationships and adhering to company policies and legal requirements.Regions covered: Americas What You'll Do Account Monitoring : Monitor accounts receivable to identify overdue payments and delinquent accounts. Keep track of payment deadlines and follow-up with customers to ensure timely payment. Collections Activities : Contact customers via phone calls, emails, and letters to remind them of outstanding balances and negotiate payment arrangements. Utilize effective negotiation and persuasion techniques to encourage customers to fulfill their financial obligations. Payment Processing : Process payments received from customers and allocate them to the appropriate accounts. Update account records with payment information and maintain accurate documentation of all collection activities. Dispute Resolution : Address customer inquiries, disputes, and complaints related to billing or payment issues. Investigate discrepancies and work with internal teams to resolve issues in a timely and satisfactory manner. Process relevant credits for customers in a timely manner. Customer Communication : Maintain open and effective communication with customers to provide assistance and support in resolving payment issues. Build rapport and trust with customers while representing the organization professionally and courteously. Reporting and Documentation : Prepare regular reports on collection activities, including account aging analysis, payment trends, and collection effectiveness. Maintain detailed records of communication with customers and document all collection efforts in accordance with company policies and legal requirements. Provision Estimations : Collaborate with finance and accounting teams to contribute valuable insights and data for accurate bad debt estimations. Compliance : Ensure compliance with relevant laws, regulations, and industry standards governing collections practices and other consumer protection laws. Adhere to company policies and procedures regarding collections activities and data privacy. Collaboration : Collaborate with internal teams, including GL, finance, Sales, and Sales Operations, to share information and coordinate effor

DVA is not associated with this job posting Accounts Receivable Specialist USA https://lnkd.in/gd7m2M5T The Role As the Accounts Receivable Specialist at a high-velocity startup, you will work in a dynamic environment where you can improve processes to scale with our growth. Reporting to the Manager, Accounts Receivable, this role collaborates across finance, sales, product, and operations teams to ensure efficient billing and financial operations while driving innovative solutions. What You’ll Do At Omnidian we believe in trust and autonomy. How you create an impact is ultimately up to you. Here is an outline of some of the things you’ll be doing: Drive Efficient Billing & Revenue Processes (60%) Invoice customers in accordance with contract terms in a high-volume environment. Maintain a complex contract-based billing system for several hundred customers. Perform final reviews of sales contract details to ensure accurate handoff to finance for billing and revenue recognition. Create revenue recognition schedules in Excel (ASC-606) and upload into NetSuite. Support Customer & Cross-Functional Collaboration (30%) Act as the main contact for customers on invoicing issues, requiring problem-solving and project management skills. Work with sales, finance, and operations teams to research discrepancies and address disputes. Collaborate to complete vendor/supplier paperwork and answer ad-hoc customer inquiries. Engage with internal teams and customers to collect payments and resolve compliance issues. Ensure Process Integrity & Drive Improvements (10%) Participate in monthly close processes, performing reconciliations and investigating discrepancies. Assist in annual financial audits by providing necessary documentation. Propose changes to improve workflows and efficiency. #Innovation #Management #HumanResources #DigitalMarketing #Technology

Part-1 Accounts Receivable (AR) interview questions: 1. What are the key responsibilities of an Accounts Receivable professional? The key responsibilities include managing and tracking incoming payments, issuing invoices, maintaining accurate records of transactions, reconciling the AR ledger, ensuring timely collection of outstanding receivables, and resolving any discrepancies. Additionally, AR professionals may also be involved in credit control, customer account management, and preparing financial reports. 2. Can you explain the cash application process? Cash application involves matching incoming payments with the corresponding customer invoices. The process includes identifying the payment, entering the payment details into the system, and applying the payment to the appropriate invoices. This ensures that customer accounts are updated accurately and helps maintain the integrity of the accounts receivable ledger. 3. How do you handle discrepancies in the payment received and the invoice amount? When discrepancies arise, I first verify the payment details against the invoice to ensure there are no data entry errors. If the discrepancy persists, I contact the customer to clarify the issue, such as identifying if there are any partial payments, discounts, or credits applied. Once the cause is identified, I adjust the records accordingly and communicate any necessary information to the relevant departments or stakeholders. 4. What steps do you take to ensure accurate and timely invoicing? To ensure accurate and timely invoicing, I regularly review and update customer information, verify the accuracy of pricing and quantity details before generating invoices, and set up reminders for recurring invoices. I also prioritize high-value invoices and closely monitor deadlines. Implementing checks and balances, such as reviewing invoices before sending them out, helps prevent errors. 5. How do you manage overdue accounts or collections? Managing overdue accounts involves a structured approach. I begin by sending reminder emails or making phone calls to notify customers of outstanding balances. If the payments are still not received, I escalate the matter according to the company's credit and collection policies, which may include sending a formal demand letter or involving a collection agency. Throughout the process, I maintain clear communication and documentation to ensure transparency and compliance. #AR #Billing #O2C #Reporting #India

Accounts receivable R2R report Accounts Receivable (AR) R2R (Revenue-to-Receipt) reports provide insights into an organization's sales, billing, and collection processes. Common AR R2R reports include: 1. _Aging Report_: Shows outstanding invoices by age (e.g., 0-30 days, 31-60 days, 61+ days). 2. _Sales Ledger Report_: Details all sales transactions, including invoices, credits, and payments. 3. _Customer Statement Report_: Provides a summary of transactions for each customer. 4. _Invoice Status Report_: Tracks the status of invoices (e.g., open, paid, disputed). 5. _Payment Forecast Report_: Predicts future cash receipts based on historical trends. 6. _AR Dashboard_: Offers a visual overview of AR metrics, such as receivables balance, days sales outstanding (DSO), and collection rates. 7. _Top Customer Report_: Lists customers with the highest balances or transaction volumes. 8. _Transaction Report_: Details all AR transactions, including invoices, payments, and credits. 9. _Dispute Report_: Identifies and tracks disputed invoices and amounts. 10. _Collection Report_: Analyzes collection efforts and effectiveness. These reports help organizations: - Manage cash flow - Optimize sales and billing processes - Improve customer relationships - Enhance financial visibility and control - Identify areas for process improvement and revenue growth By leveraging these reports, organizations can streamline their AR R2R processes, reduce bad debt, and increase efficiency. hashtag #accountsreceivable hashtag #Accounting hashtag #Finance

🔍 Customer Reconciliation in O2C (Order-to-Cash) / Accounts Receivable: Customer reconciliation is a key process in the Order-to-Cash (O2C) cycle, allowing companies to confirm that customer accounts are accurately recorded and up-to-date. By reconciling internal AR records with customer payment records, organizations can minimize outstanding balances, prevent disputes, and improve cash flow management. Here’s a step-by-step approach to effective customer reconciliation: 📝 Steps for Customer Reconciliation in O2C: 1. Gather Customer Statements 👉 Collect the latest statements or payment details from each customer, which should include invoices, credit notes, and payment receipts. 👉 Ensure that these documents cover all relevant transactions for the reconciliation period. 2. Match Payments and Invoices 👉 Compare each invoice in the internal Accounts Receivable (AR) ledger with customer payments and records. 👉 Confirm that all received payments have been correctly allocated and that there are no missing or duplicated entries. 3. Identify Discrepancies 👉 Look for any mismatches, such as overdue invoices, partial payments, or unapplied credits. 👉 Analyze potential causes, which could range from timing differences and data entry errors to billing discrepancies. 4. Resolve Discrepancies with Customers 👉 Communicate directly with the customer to clarify any outstanding issues. 👉 Make necessary adjustments to internal records and, if required, send revised invoices or credit notes. 5. Document and Approve Reconciliation 👉 Record the details of the reconciliation process, including any adjustments made to the account. 👉 Have the reconciliation reviewed and approved by an authorized team member for accuracy. 6. Archive Reconciliation Records 👉 Maintain an organized electronic archive of all customer reconciliations as part of the audit trail. 👉 Regular reconciliations contribute to financial accuracy, improve audit readiness, and help maintain a smooth cash flow. Customer reconciliation is vital for managing receivables, ensuring that cash flows are aligned, and building strong, trust-based relationships with clients. A disciplined reconciliation process not only boosts accuracy but also supports the organization’s overall financial health. Follow Ankit Yadav for more! #AccountsReceivable #OrderToCash #CustomerReconciliation #Finance #O2C #CashFlowManagement #FinancialAccuracy #CustomerRelationships #Corporatewala

Organizations are realizing more and more how crucial it is to be customer-centrism in all areas, including accounting, in the business world of today. A customer-centrism Receivables Accountant does more than just track and collect payments. They act as a bridge between the business and its customers, ensuring that clients’ needs and concerns are addressed promptly, which in turn enhances customer satisfaction and loyalty. Receivables Accountant can contribute to a more customer-centrism approach by: *having clear communication when presenting billing statements, resolving anomalies, and giving clients the required payment information, a receivables accountant may support a more focused on clients approach. * Ensuring timely, accurate, and comprehensive invoicing. They provide clients a fair amount of time to clear their obligations and follow up on delinquent payments in a courteous and professional way. *A client-focused Receivables Accountant should be adaptable when negotiating payment arrangements or resolving payment difficulties since they recognize that every customer may have different demands. Working together to create a win-win solution when a client is having financial issues may improve the relationship between the two parties and show that the business cares about their welfare. * By anticipating possible payment delays or problems before they occur, the receivables accountant may proactively contact clients, providing support and averting unpleasant shocks. The accountant can provide clients piece of mind and avoid any negative effects on their experience by resolving issues early. *A customer-focused receivables accountant views the transaction as a part of a long-term relationship rather than a one-time occurrence. The accountant contributes significantly to improving client retention, which is critical to the success of the business as a whole, by providing exceptional service, showing empathy, and skillfully addressing problems. #RevenueAccountant #CustomerCentricism #

Accounts receivable R2R report Accounts Receivable (AR) R2R (Revenue-to-Receipt) reports provide insights into an organization's sales, billing, and collection processes. Common AR R2R reports include: 1. _Aging Report_: Shows outstanding invoices by age (e.g., 0-30 days, 31-60 days, 61+ days). 2. _Sales Ledger Report_: Details all sales transactions, including invoices, credits, and payments. 3. _Customer Statement Report_: Provides a summary of transactions for each customer. 4. _Invoice Status Report_: Tracks the status of invoices (e.g., open, paid, disputed). 5. _Payment Forecast Report_: Predicts future cash receipts based on historical trends. 6. _AR Dashboard_: Offers a visual overview of AR metrics, such as receivables balance, days sales outstanding (DSO), and collection rates. 7. _Top Customer Report_: Lists customers with the highest balances or transaction volumes. 8. _Transaction Report_: Details all AR transactions, including invoices, payments, and credits. 9. _Dispute Report_: Identifies and tracks disputed invoices and amounts. 10. _Collection Report_: Analyzes collection efforts and effectiveness. These reports help organizations: - Manage cash flow - Optimize sales and billing processes - Improve customer relationships - Enhance financial visibility and control - Identify areas for process improvement and revenue growth By leveraging these reports, organizations can streamline their AR R2R processes, reduce bad debt, and increase efficiency. #accountsreceivable #Accounting #Finance

Accounts Receivable's lead role responsibility’s An Accounts Receivable (AR) Lead plays a critical role in managing and optimizing the accounts receivable process within an organization. Here are the key responsibilities and skills typically associated with this role: Key Responsibilities: Management of AR Processes: Oversee the invoicing, billing, and collections processes. Ensure timely generation and distribution of invoices to customers. Monitor and manage customer accounts to track outstanding balances and due payments. Team Leadership: Supervise and mentor the accounts receivable team, ensuring efficiency and accuracy in their work. Allocate tasks and set performance goals for team members. Conduct training sessions to improve team skills and knowledge. Credit and Collections: Review and approve customer credit limits based on company policies. Monitor collections, follow up on overdue accounts, and implement escalation procedures for delinquent accounts. Resolve disputes or discrepancies related to invoices or payments. Reconciliation and Reporting: Perform monthly reconciliations of customer accounts and the general ledger. Prepare AR aging reports, cash flow forecasts, and other relevant financial reports for management. Analyze data to identify trends and recommend improvements in AR processes. Compliance and Risk Management: Ensure compliance with company policies, accounting standards, and legal requirements. Minimize bad debt exposure and create provisions for doubtful accounts. Manage audit requests and provide documentation for AR transactions. Customer Relationship Management: Maintain strong relationships with customers to facilitate smooth payment processes. Address and resolve customer queries and concerns regarding invoices and payments. Process Improvement: Identify inefficiencies in the AR process and implement automation or other solutions to enhance efficiency. Collaborate with other departments, such as sales and finance, to improve the overall customer-to-cash cycle. #Knowledgeshare #AccountsReceivable