AR COORDINATOR II

Nabors in; Houston (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Nabors is seeking an AR Coordinator II to support collections and cash applications for the US and Canada across manufacturing, services and drilling units. You will report to the AR Manager of Collections and ensure compliance with corporate policies and controls.

Ideal candidates have 3+ years in AR/cash applications and 3+ years in collections, with strong Excel skills (V-Lookup/Pivot). Experience with HighRadius/Oracle is a plus, and a high school diploma is required.

Qualifications

• 3+ years of Accounts Receivable/cash applications experience using a major ERP AR module.
• 3+ years of collections experience.
• General understanding of basic accounting principles.
• Intermediate Microsoft Excel - V-Lookup/Pivot Tables.
• High School Diploma or equivalent.

Responsibilities

• Access bank accounts online daily for multiple business units and customer accounts.
• Apply customer remittances daily by working through exceptions in the CAA module of High Radius and manual entries directly into Oracle AR when necessary.
• Retrieve remittances daily from the [e-mail] email inbox.
• Maintain Accounting cash logs for daily deposits and perform soft close each Friday.
• Reconcile customer short payments and over-payments.
• Daily customer payment inquiries and document collections efforts in High Radius.
• Monitor electronic portals for invoice submissions and disputes; update statuses in High Radius.
• Collaborate with Billing, Marketing, Operations, and AP contacts to resolve disputed invoices in High Radius.
• Escalate problem accounts before 45 days aging.
• Process customer refunds and monitor uncollectible AR balances for write-offs.
• Respond to Audit/Treasury requests and assist with training of other Coordinators.
• Assist with quarterly testing in Oracle and support Special Projects as needed.

Skills

AR Experience

Cash applications

Collections

Excel (V-Lookup/Pivot)

Education

High School Diploma

Associates Degree

Tools

Oracle AR Module

HighRadius

GetPaid AR

Job description

This position will report directly to the AR Manager of Collections and will be responsible for performing a variety of accounts receivable duties to aid in support of customer collections and cash applications for the manufacturing, services and drilling business units within the US and Canada.

All duties are performed in full compliance and accordance with corporate policies, internal controls, and/or external regulatory reporting requirements.

Qualifications

Minimum:

• 3+ years of Accounts Receivable/cash applications experience using a major ERP AR module
• 3+ years of collections experience
• General understanding of basic accounting principles
• High School Diploma or equivalent

AR COORDINATOR II (Finance)

Job Description

This position will report directly to the AR Manager of Collections and will be responsible for performing a variety of accounts receivable duties to aid in support of customer collections and cash applications for the manufacturing, services and drilling business units within the US and Canada.

All duties are performed in full compliance and accordance with corporate policies, internal controls, and/or external regulatory reporting requirements.

Qualifications

Minimum:

• 3+ years of Accounts Receivable/cash applications experience using a major ERP AR module
• 3+ years of collections experience
• General understanding of basic accounting principles
• Intermediate Microsoft Excel - V-Lookup/Pivot Tables
• High School Diploma or equivalent

Preferred

• Associates Degree
• Oracle AR Module expertise
• Oil and gas industry or manufacturing experience
• HighRadius® or GetPaid® AR Automation Platform

#LI-JA1

Work Authorization Requirement: Candidates must be currently authorized to work in the United States on a full-time basis. Nabors does not provide work visa sponsorship for this position, now or in the future.

Responsibilities

• Access bank accounts online daily for multiple business units and customer accounts. Save daily bank deposit summaries in the Daily Deposit cash folder.
• Apply customer remittances daily by working through exceptions in the CAA module of High Radius® and manual entries directly into Oracle AR when necessary.
• Retrieve remittances daily from the [e-mail] email inbox. Save to the backup folder and mark customer aging with relevant remittance detail.
• Maintain Accounting cash logs for daily deposits. Complete soft close each Friday to check accuracy for cash log entries before the end of the month
• Reconcile customer short payments and over-payments
• Daily customer payment inquiries/documenting all collections efforts utilizing the CLS module in High Radius®.
• Monitor the status of electronic portals for invoice submissions and disputes. Daily update statuses in High Radius for any blank entries in the delayed reason column.
• Work with the Billing Department, Marketing, Operations, and customer's Accounts Payable contacts to resolve disputed invoices using the DMS module in high radius.
• Escalate any problem accounts and unresolved issues to management prior to account aging beyond 45 days
• Complete processing for customer refunds and monitor uncollectible AR balances for write-off recommendations to AR Manager
• Timely fulfill internal/external Audit and Treasury bank file examination documentation requests with applicable support
• Serve as backup to and assist with training of other Collections Coordinators
• Assist with quarterly testing in Oracle and provide supporting documentation
• Assist with Special Projects, as needed

About Us

Nabors is a leading provider of advanced technology for the energy industry. With operations in about 20 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible hydrocarbon production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower carbon world.