Accounts Receivable
3 hours ago
Job description
Company Description
Open Secret is a food company that believes in providing wholesome and tasty snacks. We aim to provide our customers with healthy and delicious food alternatives which are not only good for their bodies but also taste great
Objectives of this Role
Support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts
Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates
Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts
Assist in streamlining and improving the accounts receivable process identifying areas of performance improvement
Exercise integrity and confidentiality in financial reporting, and comply with federal, state, and local financial requirements
Daily and Monthly Responsibilities
Gather and verify invoices for appropriate documentation prior to payment
Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared
Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger
Monitor and collect accounts receivable by contacting clients via telephone, email, and mail
Prepare analytical and ratio analysis in relation to A/R for management to gain a better understanding of how collection efforts are progressing
Support other accounting and finance team members, inventory management, and cost accounting
Skills and Qualifications
Understanding basic principles of finance, accounting, and bookkeeping
Proficient in Ledger reconciliation & scrutiny
Preferred Qualifications
Bachelor's degree in commerce or any equivalent
Strong mathematical skills
2-3 years Prior Experience at similar position.
Experience in driving process improvement
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