Accounts Receivable Analyst

The Accounts Receivable Analyst plays a crucial role in overseeing accounts receivable processes, focusing on detailed analysis and compliance. This position works on receivables aging reports, cash applications, variance analysis, and collaborates with operational leaders to ensure efficient receivables management aligning with organizational objectives and regulatory standards.

Job Responsibilities:Manage accounts receivable aging reports, analyzing outstanding balances and trends.Oversee cash application processes, ensuring accuracy and timeliness in posting payments.Conduct variance analysis to identify discrepancies and root causes in receivables.Collaborate with operational leaders in weekly meetings to review accounts receivable performance and improvement strategies.Generate and distribute invoices to clients accurately, verifying documentation, approval, and coding.Address customer inquiries promptly, resolving billing discrepancies to maintain positive client relationships.Monitor and follow up on overdue accounts, implementing collection strategies to minimize bad debt.Maintain organized and accurate records of accounts receivable transactions, ensuring compliance with company policies and regulations.Prepare and distribute accounts receivable reports monthly to senior leadership, providing insights into outstanding balances, collections, and financial forecasts.Assess creditworthiness of new customers and manage terms for existing customers.Stay updated on changes in accounting standards and communicate impacts on receivables processes.Manage customer ACH onboarding and the UG2 AR inbox.Assist with Ramp on an as-needed basis.

Requirements (Knowledge, Abilities, Skills, Education, and/or Experience):Bachelor's degree in Accounting, Finance, or related field.3-5 years of experience in accounts receivable or financial analysis roles.Proficiency in accounting software and Microsoft Excel.Strong understanding of accounting principles and financial regulations.Detail-oriented with excellent analytical and problem-solving skills.Effective communication and interpersonal skills.Ability to work independently and collaboratively in a team environment.

Preferred Qualifications:Experience in budget management or financial forecasting.Proven track record of delivering excellent customer service within a financial function.Ability to make sound decisions independently in a financial context.

Working Conditions and/or Physical Requirements:Office setting with low to moderate noise levels.Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.