Job Openings >> Accounts Receivable Specialist
Accounts Receivable Specialist
Summary
Title:Accounts Receivable Specialist
ID:1001
Location:Newark, NJ
Department:Finance
Description

The Specialist is responsible for helping to maintaining the financial allocations of the company’s billing and accounts receivable systems. This includes the accurate and timely processing of invoices and cash receipts and to support the informational and reporting needs of New Jersey Innovation Institute (NJII).

 

What You’ll Be Doing

  • Ensure timely collection of payments
  • Investigate and consistent follow-up of delinquent accounts and contact customers to collect payment as expeditiously as possible; Initiate collections on past-due accounts
  • Daily cash entry, reconciliation and application of cash receipts for all NJII business lines
  • Process payments and updates
  • Create and process adjustments memos for various transactions, which includes, but not limited to, returned checks, residual debit/credit balances and tax withholding
  • Assist in the research of discrepant invoices, unapplied payments and provide support to Collection efforts
  • Responsible for maintaining the integrity of the Aging reports
  • Work with finance team to develop strategies to maximize efficiency and effectiveness of Accounts Receivable policies and procedures

 

 

What You Bring

  • Bachelor’s degree in Business, Accounting, Finance or related Field is optional
  • Minimum 2 years of experience in Accounts Receivable function
  • Demonstrated understanding of the order to cash process flow
  • Demonstrated analytical and problem-solving skills
  • Strong technology, Excel (including Accounting Systems/ERP) skills are critical for this role

 

Why Work for NJII?

NJII is an innovative and fast-paced company with a collaborative culture and winning spirit. NJII is located in the heart of Newark, NJ with easy access to various modes of public transportation. We offer generous health and wellness benefits, time off, 401K match and more!

 

New Jersey Innovation Institute is an Affirmative Action, Equal-Opportunity Employer

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