Accounts Receivable Analyst

About the Role:

The Accounts Receivable Analyst plays a critical role in managing and optimizing the company's cash flow by ensuring timely and accurate processing of incoming payments. This position involves analyzing accounts receivable data to identify trends, discrepancies, and opportunities for improvement in billing and collection processes. The analyst will collaborate closely with internal teams such as sales, customer service, and finance to resolve payment issues and maintain strong customer relationships. Additionally, the role requires preparing detailed reports and forecasts to support financial planning and decision-making. Ultimately, the Accounts Receivable Analyst ensures the integrity of receivables data and contributes to the overall financial health of the organization.

Minimum Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Proven experience in accounts receivable or credit analysis, preferably in a corporate environment.
• Strong understanding of accounting principles and accounts receivable processes.
• Proficiency in Microsoft Excel and accounting software (e.g., QuickBooks, SAP, Oracle).
• Excellent communication and interpersonal skills to interact effectively with customers and internal teams.

Preferred Qualifications:

• Experience with ERP systems and advanced data analysis tools.
• Knowledge of regulatory requirements related to billing and collections.
• Certification such as Certified Credit and Collection Professional (CCCP) or similar.
• Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Experience working in the energy or manufacturing industry.

Responsibilities:

• Monitor and reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted.
• Investigate and resolve discrepancies or issues related to customer invoices and payments.
• Communicate with customers regarding outstanding invoices and payment arrangements to facilitate timely collections.
• Prepare and analyze aging reports, identifying overdue accounts and recommending appropriate collection actions.
• Collaborate with cross-functional teams to improve billing processes and enhance customer satisfaction.
• Assist in month-end and year-end closing activities related to accounts receivable.
• Generate regular reports on accounts receivable status, cash flow forecasts, and collection performance metrics.

Skills:

The required skills enable the Accounts Receivable Analyst to accurately process and reconcile payments, ensuring financial records are up to date and reliable. Proficiency in Excel and accounting software supports efficient data analysis and reporting, which are essential for identifying trends and resolving discrepancies. Strong communication skills facilitate effective collaboration with customers and internal departments to address payment issues and improve processes. Preferred skills such as ERP system knowledge and certifications enhance the analyst’s ability to handle complex financial data and regulatory compliance. Together, these skills empower the analyst to contribute meaningfully to the company’s financial stability and operational efficiency on a daily basis.