Accounts Receivable Analyst

Optimas; Wood Dale (IL); On-site; USD 85,411,000 - 100,565,000; Full time

Job summary

Optimas OE Solutions in Wood Dale, IL is seeking an Accounts Receivable Analyst to support all AR functions and ensure deadlines are met with accuracy. The role reports to the AR Manager and focuses on account setup, reconciliations, credits, and timely payments.

The ideal candidate has a 4-year AR background in manufacturing, proficiency with NetSuite or Epicor ERP, and strong Excel skills to manage credits, collections, and aging reports.

Qualifications

• Associate’s degree in Accounting, Finance or equivalent experience.
• Minimum of 4 years of accounts receivable experience in the manufacturing industry.
• Experience in NetSuite and/or Epicor ERP systems preferred.
• Proficiency with Microsoft Excel.
• Experience in credit, collections, and accounts receivable.

Responsibilities

• Create and maintain new account set-ups and process data updates in NetSuite as requested by customers and sales team. Ensure information is accurate and complete with supporting documentation on file.
• Review and analyze customer accounts, invoices, payments, credits and adjustments to ensure accuracy.
• Perform detailed account reconciliations and investigate and resolve billing discrepancies, short payments, deductions, credits, and customer disputes.
• Process account corrections via credit memo or debit memo timely.
• Monitor existing customers accounts for changes in creditworthiness, payment behavior, and overall risk.
• Recommend credit limit increases, decreases, holds, or other actions based on credit risk review.
• Review orders on credit hold for timely releasing for resolution and shipping.
• Process and apply customer payments accurately and promptly.
• Document collection status and activity on outstanding customer invoices and monitor aging reports.

Skills

Detail oriented

Strong Analytical skills

Ability to follow-through on tasks and

Strong organizational skills and (com)

Proactive and solutions-oriented

Education

Associate’s degree in Accounting, Finance or equivalent experience

Tools

NetSuite

Epicor ERP

Microsoft Excel

Job description

Accounts Receivable Analyst

Wood Dale, IL

$30-35/hour

From design to delivery, Optimas integrates fastener manufacturing and distribution for greater inventory certainty, consistent quality, and a lower cost of ownership.

Fuel your passion with a career at Optimas. Become part of a team of diverse thinkers and doers who make a daily impact on our customers. We’re always looking for talented, self-motivated, smart and resourceful team members. And we’re committed to developing, supporting and driving your success.

Our Values are the THREAD that connects us as one team to ensure that we are accountable for our contributions to the success of our company and customers:

• Teamwork
• Honesty
• Respect
• Excellence
• Accountability
• Drive

To learn more, please visit our websitehttp://www.optimas.com

Position Summary

The Accounts Receivable Analyst will report to the Accounts Receivable Manager and support all aspects of accounts receivable, ensuring all deadlines are met with the highest degree of accuracy.

Areas of impact

• Create and maintain new account set-ups and process data updates in NetSuite as requested by customers and sales team.Ensure information is accurate and complete with supporting documentation is on file
• Review and analyze customer accounts, invoices, payments, credits and adjustments to ensure accuracy
• Perform detailed account reconciliations and investigate and resolve billing discrepancies, short payments, deductions, credits, and customer disputes
• Process account corrections via credit memo or debit memo timely
• Monitor existing customers accounts for changes in creditworthiness, payment behavior, and overall risk
• Recommend credit limit increased, decreases, holds, or other appropriate actions based on credit risk review
• Review orders on credit hold consistently for timely releasing for resolution and shipping.
• Process and apply customer payments accurately and promptly
• Document collection status and activity on outstanding customer invoices and monitor customer aging reports for open items needing resolution.

Key Competencies

• Detail oriented
• Strong Analytical skills
• Ability to follow-through on tasks and objectives
• Strong organizational skills and communication skills
• Proactive and solutions-oriented

Qualifications

• Associate’s degree in Accounting, Finance or equivalent experience
• Minimum of 4 years of accounts receivable experience in the manufacturing industry
• Experience in NetSuite and/or Epicor ERP systems preferred
• Proficiency with Microsoft Excel
• Experience in credit, collections, and accounts receivable

Equal Opportunity Employer

Optimas OE Solutions provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Optimas OE Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.