Greater Miami Area, FL
The Sr. AR Specialist position is responsible for managing major Retail accounts, interfacing with their various departments regarding questions, managing the AR aging and informing management about status of collections. Interfacing with customers in relation to past due accounts, must be familiar with retailer’s software and reports to ensure payments are received on time and identify account issues and possible deductions.
Analyze and reconcile the various aging to ensure billing accuracy (BUR/POSA/BUS). Includes review of A/R billing cycle for accurate shipping of products, billing to Oracle Financials, through customer acceptance of EDI transmitted invoices, and compliance to payment terms.
Analyze payment trends to identify problem accounts, and effectively manage such accounts to minimize company exposure. Notify management of unresolved payment issues and problem accounts.
Reconcile payments received to identify discrepancies and determine if deductions are pre-approved, create and collect unapproved deductions. Effectively manage customer deductions to reduce the number and amount of deductions taken.
Verifies and posts payments received on a daily basis, make adjustments to resolve all issues such as returns, credits, and disputes. Communicate with other departments such as Sales, Marketing, Sales Administration, Invoicing, and Inventory Control to work through payment issues as identified.
Consistently communicate with retailer accounting departments and company Sales Department to inquire on past due amounts, provide a chronological sequence of communications of items discussed and actions taken.