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Accounts Receivable Deductions Specialist
Brooklyn Park, MN
Category: Finance and Accounting
Salary: 31.25 Per Hour
Reference ID: 10018208
Shortcut: http://addisongroup.gosnaphop.com/ISXJZD
Title: Accounts Receivable/Deductions Specialist
Location: St. Louis Park, MN (Note, this is an on-site role, and only local Minnesota & Western WI residents are eligible to apply)
Compensation: Up to $31.25/hr ($65K annually) dependent on applicable experience.
Internal ID: 10018208
Addison Group is thrilled to support the search for an Accounts Receivable/Deductions Specialist to join the dynamic team of a growing manufacturing client in St. Louis Park, MN. As our client's team expands, they are seeking a committed and seasoned AR professional to process full cycle accounts receivable with a large emphasis on deductions and researching invoice discrepancies.
The ideal candidate will possess prior experience and expertise with, Maintaining the AR aging report, experience with applying and investigating deductions/discounts, auditing and resolving invoice discrepancies, conducting complex reconciliations, facilitating vendor communication, and more.
This is an on-site role based in St. Louis Park, MN, and is exclusively available to local residents of Minnesota or Western Wisconsin. This is a full-time, on-site position with compensation of up to $31.25/hr, dependent on applicable experience.
Responsibilities:
- Manage Deductions
- Oversee the entire accounts receivable process, ensuring accuracy and efficiency.
- Manage the AR aging report, monitoring outstanding balances and collections.
- Process and apply payments received from various sources including cash, credit, checks, ACH, and wire transfers.
- Conduct reconciliations of accounts and resolve any discrepancies in a timely manner.
- Research and resolve payment discrepancies and issues, including the write-off of bad debt.
- Utilize accounting software (e.g., Sage, IFS SmartCare Legacy) and Excel for data analysis and reporting.
- Collaborate with internal teams and external stakeholders to address billing inquiries and disputes.
- Develop and implement strategies to improve the accounts receivable process and maximize cash flow.
- Train and mentor team members on accounts receivable procedures and best practices.
- Maintain compliance with company policies, accounting standards, and regulatory requirements.
Why choose Addison Finance & Accounting?
Pay: We negotiate high salaries using US Bureau of Labor Statistics
Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses.
Permanent Employment: Many of Addison’s Finance & Accounting job openings lead to potential permanent employment
Connections: You connect directly with hiring managers from renowned organizations
Options: You are presented multiple employment options near your home
Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation.
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
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