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AscendHire
Accounts Receivable Specialist
Career Insights for Accounts Payable / Receivable Clerk
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Based on New Jersey data
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What they do
An Accounts Payable or Receivable Clerk keeps records of accounts and financial transactions, with specific responsibility for Accounts Payable/Receivable. Works for a business or bookkeeping service. Provides information for financial and tax reports completed by an accountant.
$50,086 / year median in New Jersey
-8% projected decline
Job Description
Accounts Receivable Specialist at AscendHire Accounts Receivable Specialist at AscendHire in Secaucus, New Jersey Posted in 3 days ago.
Type:
full-timeJob Description:
Key Responsibilities- Post and apply customer payments, including credit card payments, ensuring accurate and timely cash application
- Own collections: monitor customer aging, follow up on past-due balances, and drive resolution
- Analyze customer deductions (promotions, shortages, chargebacks, and fees), validate them against agreements, and dispute invalid deductions to recover funds
- Analyze trade promotion activity and spend effectiveness by customer and program
- Forecast promotional spend and maintain related accruals
- Calculate monthly promotion and royalty amounts
- Perform daily and monthly bank reconciliations
- Reconcile AR accounts and support month-end close activities
- Prepare AR aging, collections, cash receipt, and DSO reporting
- Partner with sales, brokers, and customers to resolve billing and deduction disputes
- Think outside the box, using new tools and technology to evaluate data in a faster, more timely, and more efficient way Qualifications
- Bachelor's degree in Accounting or Business with 2+ years of accounts receivable experience
- Consumer goods, manufacturing, or CPG experience preferred; retailer and distributor deduction experience a strong plus
- Strong accounting, analytical, and Excel skills
- Experience with NetSuite, G-Suite, and Microsoft Office
- Outside-the-box thinker who embraces new tools and technology to work smarter
- Strong communication, organization, and teamwork skills
- Ability to manage multiple priorities in a fast-paced environment
- Full-time, in-office role in the Financial District, New York
- Must be authorized to work in the United States