Accounts Receivable Specialist

Socket.dev; Jessup (MD); On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401(k) with company match

Paid time off

Job summary

Socket.dev is seeking an Accounts Receivable Specialist to manage AR processes, ensuring timely collections and accurate cash application at our Jessup, MD on-site facility. The role collaborates with internal teams and external partners to maintain financial integrity.

The AR Specialist will post cash receipts, monitor credit, review delinquent accounts, and provide AR reports. A 3+ year accounting background with GAAP knowledge is preferred, along with ERP proficiency.

Qualifications

• Associate's or Bachelor's degree in Accounting, Finance, or related field preferred.
• Proficiency with accounting software (e.g., SAP, Oracle, NetSuite, Aptean).
• Strong understanding of GAAP and internal controls.
• 3+ years of experience working in accounts payable or general accounting.
• Proficient with Microsoft 365, especially Excel, Outlook, and Word.

Responsibilities

• Maintain timely collections of accounts receivable balances; ensure timely posting of cash receipts.
• Interface with outside collection agencies as needed for delinquent accounts.
• Establish, monitor, and update customers' credit activities.
• Audit delinquent accounts; monitor and manage efforts before bad debt status.
• Review, analyze, modify, and implement efficient AR processes, policies, and procedures.
• Interface with other team members to exchange information and update account records.
• Prepare and present accounts receivable reports as required.
• Assist with special accounting projects as needed.
• Perform data entry and spreadsheet management.

Skills

Attention to detail

Communication skills

Organizational skills

Analytical skills

Problem-solving

Education

Associate’s or Bachelor’s degree in Accounting/Finance

Tools

SAP

Oracle

NetSuite

Aptean

Microsoft Excel

Job description

SUMMARY:The Accounts Receivable Specialist is responsible for managing the organization's accounts receivable processes to ensure the timely collection of outstanding balances, accurate cash application, and effective credit management. This role maintains customer account records, monitors delinquent accounts, supports collection efforts, and recommends process improvements to enhance efficiency and reduce financial risk. Working closely with internal departments and external partners, the Accounts Receivable Specialist provides accurate reporting, supports accounting initiatives, and helps maintain the financial integrity of the organization.This is an on-site role at our Jessup, MD facility and the work schedule is Monday through Friday, 8:00am - 4:30pm.

KEY RESPONSIBILITIES:

• Maintain timely and accurate collections of accounts receivable balances; ensure timely posting of cash receipts.
  
• Assign responsibility for legal action and collection of delinquent accounts; interface with outside collection agencies as needed.
• Establish, monitor, and update customers' credit activities.
• Audit delinquent accounts; monitor and manage efforts being taken before assigning bad debt status.
• Review, analyze, modify, and implement efficient and effective accounts receivable processes, policies, and procedures.
• Interface with other team members to exchange information and update account records.
• Prepare and present accounts receivable reports as required.
• Assist with special accounting projects as needed.
• Perform data entry and spreadsheet management.

QUALIFICATIONS:

• Associate’s or Bachelor’s degree in Accounting, Finance, or related field preferred
• Proficiency with accounting software (e.g., SAP, Oracle, NetSuite, Aptean)
• Strong understanding of GAAP and internal controls
• 3+ years of experience working in accounts payable or general accounting
• Demonstrated ability to calculate figures and amounts
• Proficient with Microsoft 365, especially Excel, Outlook, and Word

KEY COMPETENCIES:

• Acute attention to detail
• Demonstrates a sense of urgency in completing tasks
• Strong organization skills
• Commitment to excellence and high personal standards
• Effective written and verbal communication skills
• Excellent analytical and problem-solving skills
• Flexible and versatile in an ever-changing environment
• Works well with others in a respectful and professional way

Benefits

• Comprehensive medical, dental, and vision coverage
• 401(k) with generous company match
• Paid time off opportunities
• Exclusive employee discounts
• Continuous learning and career advancement