Accounts Receivable Specialist

Employer
Meso Scale Diagnostics
Location
Rockville, MD
Posted
Jun 20, 2019
Closes
Jun 26, 2019
Ref
170396518
Function
Accountant, Finance
Hours
Full Time
Prepare and process accounts receivable for Meso Scale Diagnostics. Responsible for the prompt recording of cash receipts, customer invoicing, collections and the maintenance of accurate and timely records. This position may focus on more elaborate accounts/situations as well as assist in providing training and guidance to Accounts Receivable Specialist I.DUTIES AND RESPONSIBILITIES: Cash Receipt Processingo Process daily cash receipts transactions through the verification of customer numbers, valid open invoices, bank fees, and GL coding.? Cash receipts are processed daily.o May make bank deposits as requested by Manager Invoice Processingo Process daily invoicing through the verification of shipments made, and accurate sales tax.? Invoices are processed dailyo Perform elaborate Account Receivable transactions: International receivables Value Added Tax (VAT) issues Intercompany receivables Collection Managemento Maintain an active list of daily collection calls to a minimum of 15 different live customer calls and responsive emails per day Reduce and maintain +120 collections to zero Reduce and maintain 90-120 collections to under 800K Reduce and maintain days sales outstanding at a maximum of 55 days per Quartero Generate monthly statements Customer Managemento Verify customer requests and handle correspondence involving accounts receivable? o Liaison in resolution of complaints through close contact with the customer, customer service, shipping, and the Finance teamo Perform as the lead in the reconciliation of stale customer accounts, credits due customers, accounts receivable aging, customer deposits, and other cleanup as assigned by Manager Tracking and Reportingo Maintain historical records for all accounts receivable transactionso Systematically verify and audit work for completeness and accuracy according to established controlso Assist in tasks associated with month-end and annual close processes as assigned by Manager; This would include any work for auditso May prepare analysis and reconciliations Participation and contribution in departmental meetings Provide ideas and insight into departmental issues, process change proposals, cost saving activities.? Assist in the implementation of these activities and changes Understand and follow policies and procedureso May participate in training and/or guidance for Accounts Receivable Specialist I Specific duties may vary depending upon departmental needsEXPERIENCE AND QUALIFICATIONS: Associate?s degree in Accounting or a related field preferredo Additional experience may be substituted for an Associate?s degree Minimum 5 years of related Accounts Receivable experience Experience with ERP/Financial systems required A demonstrated level of consistency in performance and aptitude for managing additional responsibility and accountability are required for next level considerationKNOWLEDGE, SKILLS AND ABILITIES: Strong mathematical/statistical fundamentals and analytical backgroundo Demonstrated knowledge of accounts receivable cash receipts, invoicing, and collection processo Identify and report inconsistencies as necessary Logical problem solving and demonstrated ability to organize and move project tasks forward in an orderly and structured fashion Proficiency in MS Office suite; specifically MS Excelo Demonstrated aptitude in maintaining electronic spreadsheets and databases Track record of sound judgment, particularly in the absence of the Manager Excellent oral, written communication and interpersonal skillso Effectively communicate issues/problems and results that impact timelines, accuracy and reliability of financial data A wide degree of creativity and latitude is expected including the ability to multi-task and work productively in a demanding financial environment with changing prioritiesPHYSICAL DEMANDS:This position requires the ability to communicate and exchange information, utilize equipment necessary to perform the job, and move about the office.WORK ENVIRONMENT:Standard office environment Occasional weekends and extended days

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