AR/Cash Application Specialist

We are offering a short term contract employment opportunity for an AR/Cash Application Specialist in the pet supply industry, located in Milwaukee, Wisconsin. This role is based 100% onsite and involves a strong focus on Accounts Receivable (AR) tasks, reporting to the Accounting Manager.

Responsibilities:

• Verify and process incoming cash payments efficiently and accurately.
• Apply cash receipts to customer accounts, resolving any discrepancies or queries related to cash applications.
• Prepare and present reports on the status and activities of accounts receivable.
• Track and address outstanding payment issues.
• Conduct thorough account research and analysis.
• Initiate collections on past-due accounts and interact with customers to address inquiries and resolve issues related to accounts receivable.
• Collaborate with the sales team to rectify any billing discrepancies.
• Perform monthly reconciliation and reporting activities.
• Ensure all transactions comply with financial policies and procedures.
• Engage with internal departments such as Sales, Service, Operations with respect to invoice settlements and payment applications. • Must possess a minimum of 2 years of experience as an AR/Cash Application Specialist or similar role.
• Proficient understanding of Accounting Principles is required.
• Experience in Accounts Receivable (AR) is necessary.
• Must have knowledge in handling Aged Receivables.
• Experience in Credit
• Collections and Credit
• Commercial is essential.
• Must have the ability to conduct Credit Investigations and understand Credit Exposure.
• Proficiency in MS Excel is a must.
• Should have experience in preparing Journal Entries.
• Must be familiar with Month End Close and Year End Closings.
• Ability to work in a dynamic environment and adapt to changing business requirements.
• Excellent communication and interpersonal skills are required.
• Must be able to work in a team and also perform individually as required.
• Bachelor's degree in Accounting, Finance, or a related field is preferred.
• Strong problem-solving skills and attention to detail are required.
• The candidate must have the legal right to work in the location of the job.