Introduction:
Debt has an impact on businesses of all sizes, and receivable accounts analysts work to recover existing debt and enhance cash flow. The analyst should be a specialist in all areas of invoicing, credit, and collections, and they are crucial to an organization’s monetary health. They are responsible for a variety of activities linked to bill collection for the business, including the actual collection procedure and the examination of billing problems. This analyst is typically hired by businesses to manage their accounts solely. The analyst maintains track of different payment options and ensures that they are properly monitored. Sales invoices and subsidized purchases will be carefully monitored. Other responsibilities include ensuring that there are no inconsistencies in the pay for the company’s services and providing appropriate and timely responses. The analyst should be able to maintain track of sales and finances, as well as create correct records and complete appropriate paperwork.
Accounts Receivable Analyst Job Titles:
- Accounts Receivable Analyst
- Net Account Receivable Analyst
Account Receivable Analyst Job Summary:
We’re seeking an account receivable analyst with a finance or accounting degree. Conflating and studying manufacturer credits and refunds is the responsibility of the accounts receivable expert. Evaluate all receipts handled through trade receivables in the MIC aging bucket to ensure they were invoiced by the salesperson; bill missing transfers through the manufacturer webpage and operate with shops to obtain necessary information, and process funds obtained from supplier webpages through trade receivables. Other responsibilities include researching and following up with retail stores on rejected receipts and refunds, as well as rebilling customer accounts for payout from makers, reviewing vendor statements provided by the stock group to study and rebill to transactions, and making adjustments, as well as participating in the work team helpline to react to guest queries for receivables charge revenues.
Account Receivable Analyst Job Responsibilities and Duties:
- Manage all sorts of cash transaction
- Perform the automated test in all process
- Prepare and evaluate periodic bills for account receivable to submit to third party vendors
- Monitor and reconcile over age accounts
- Organize all internal and external customer accounts and identify all collection issues and assist in apt solutions
- Monitor all outstanding balances and design various collection options to negotiate collections
- Prepare and analyze financial reports and develop a model for key indicators
- Monitor all monthly activities and manage vendor invoicing and prepare apt financial reports
- Administer all cash deposits daily and reconcile payment
- Maintain knowledge on all accounts information and monitor all invoices and statement
Accounts Receivable Analyst Skills and Qualification:
- Bachelor degree in finance and accounting
- Must possess a minimum of 3 years of experience in the similar field
- Expert-level Excel abilities essential
- Familiarity with Microsoft Office for Outlook and Word a plus
- Understanding Oracle a plus
- Accounting knowledge and ability to assist with accounting procedures
- Ability to stay focused on the task and fulfill deadlines
- Interpersonal skills
