AR Support Invoice Processing

WEX; Maine; On-site; USD 48,000 - 72,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Disability insurance

Retirement savings plan

Paid time off

Health savings account (HSA)

Flexible spending accounts (FSA)

Life insurance

Tuition reimbursement

Job summary

WEX is seeking an organized and detail-oriented AR Support Invoice Processing professional to join its finance team. The role focuses on applying customer payments, processing ACH, wire, and lockbox transactions, and resolving discrepancies while maintaining accurate records.

You will support AR operations, collaborate with internal teams, and contribute to automation and process improvements to enhance efficiency. Strong analytical skills and attention to detail are essential.

Qualifications

• Experience in Accounts Receivable, invoice processing, accounting operations, or a related finance role.
• Strong understanding of payment processing and financial reconciliation.
• Excellent analytical and problem-solving skills.
• Strong communication and collaboration abilities.
• Ability to manage confidential financial information.

Responsibilities

• Apply customer payments accurately and promptly according to service level objectives.
• Process and record different payment methods, including ACH, wire transfers, and lockbox transactions.
• Investigate and resolve payment discrepancies by coordinating with Receivables, Customer Service, and internal teams.
• Process financial adjustments, write-offs, and refunds.
• Research accounting processes and reconcile discrepancies between bank accounts and system records.
• Support the development and execution of financial processes and controls.
• Assist with ad hoc projects and operational improvements.
• Train other Accounts Receivable Specialists when required.
• Maintain process documentation and ensure accurate financial records.
• Monitor accounting inboxes and respond to financial inquiries within required timelines.
• Prepare and record operating cash journal entries.
• Analyze monthly financial data and provide reporting insights.
• Support automation initiatives and improve operational efficiency.

Skills

Accounts Receivable

Invoice Processing

Analytical Skills

Attention to Detail

Communication

Collaboration

Confidentiality

Automation & Process Improvement

Financial Data Handling

Education

Bachelor's degree in Accounting/Finance/Business

Tools

Accounting software

ERP systems

Job description

WEX is seeking an organized and detail-oriented AR Support Invoice Processing professional to join its finance team. This role focuses on managing customer payment applications, resolving payment discrepancies, processing financial transactions, and maintaining accurate accounting records.

The successful candidate will support accounts receivable operations, collaborate with internal teams, manage financial processes, and contribute to improving operational efficiency through automation and process improvements. The ideal applicant should have strong analytical skills, attention to detail, and the ability to manage financial data accurately.

Key Responsibilities

• Apply customer payments accurately and promptly according to service level objectives.
• Process and record different payment methods, including ACH, wire transfers, and lockbox transactions.
• Investigate and resolve payment discrepancies by coordinating with Receivables, Customer Service, and internal teams.
• Process financial adjustments, write-offs, and refunds.
• Research accounting processes and reconcile discrepancies between bank accounts and system records.
• Support the development and execution of financial processes and controls.
• Assist with ad hoc projects and operational improvements.
• Train other Accounts Receivable Specialists when required.
• Maintain process documentation and ensure accurate financial records.
• Monitor accounting inboxes and respond to financial inquiries within required timelines.
• Prepare and record operating cash journal entries.
• Analyze monthly financial data and provide reporting insights.
• Support automation initiatives and improve operational efficiency.

Requirements

• Experience in Accounts Receivable, invoice processing, accounting operations, or a related finance role.
• Strong understanding of payment processing and financial reconciliation.
• Excellent analytical and problem-solving skills.
• Strong communication and collaboration abilities.
• Ability to manage confidential financial information.
• Knowledge of accounting systems and financial processes.
• Strong attention to detail and accuracy.
• Strong knowledge of:
  • Accounts Receivable Operations
  • Invoice Processing
  • Payment Reconciliation
  • ACH, Wire & Lockbox Transactions
  • Financial Reporting
  • Accounting Controls & Compliance
  • Process Improvement & Automation

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Disability insurance
• Retirement savings plan
• Paid time off
• Health savings account (HSA)
• Flexible spending accounts (FSA)
• Life insurance
• Tuition reimbursement Bachelor's Degree in Accounting, Finance, Business, or a related field (Preferred)