Accounts Receivable Specialist

Job Summary

Manage cash applications, collections, and dispute resolutions for in-house and factor receivables. This role requires interaction with a commercial factor.

Key Responsibilities

Cash Application

• Post cash receipts from in-house receivables.
• Apply open credits and deductions to outstanding customer invoices accurately.

Collections & Portfolio Oversight

• Collect past-due balances on in-house (non-factored) accounts.
• Review aging reports monthly to identify delinquency trends.
• Provide aging updates to management periodically.

Chargebacks & Deductions

• Research customer deductions for shortages, allowances, pricing, and routing.
• Gather backup documents like bills of lading and proof of delivery.
• Dispute invalid chargebacks through retailer portals within deadlines.
• Charge back valid deductions to the factor if credit-approved.
• Reconcile monthly chargebacks to credit register.

Qualifications

• Experience: 3+ years in textiles, retailers, or manufacturing AR.
• Factor Knowledge: Direct experience working with factoring firms.
• Retailer Portals: Proficiency with portals (e.g., Disney, Walmart,).
• Software: Strong Excel skills and AS400 experience.
• Education: Associate degree in Accounting, Finance, or equivalent experience.