Analyst - Accounts Payable & Receivable

The Finance Accounts Payable Accounts Receivable job administers and ensures compliance with accounts payable/receivable processes including assessment of invoice/payment discrepancies. Under limited supervision, this job reconciles and verifies all account balances and collaborates with the collections team on the restructuring of overdue accounts repayment.

Key Responsibilities and Duties

• Verifies accuracy of invoices, shipping documents, customer credit, and payment terms.

• Confirms all cash payments, cash receipts and outstanding account balances to maintain accurate accounting records.

• Enforces timely and accurate processing and payment of invoices to confirm that statements are correctly recorded.

• Conducts payment processes and application to customer balances in the accounts receivable ledger in a timely manner.

• Performs monthly and quarterly close and consolidation processes to ensure timely completion and accuracy.

• Verifies collection activities such as sending follow-up inquiries, negotiating with past due accounts, and referring accounts to collection agencies to ensure compliance with accounting policies and procedures.

• Sends follow-up inquiries and works with the collections team on the restructuring of overdue accounts repayment.

• Provides assistance and training to lower level accounts payable / accounts receivable employees to ensure high-quality and timely completion of projects.

Educational Requirements

• Vocational and/or Technical Education Preferred

Work Experience