Accounts Receivable Manager manages accounts receivable functions to ensure compliance with internal controls and accounting policies. Oversees collection activities such as sending follow-up inquiries, negotiating with past-due accounts, and keeping track of cash receipts. Being an Accounts Receivable Manager monitors account aging reports, identifies delinquent accounts, and refers accounts to collection agencies. Develops and implements controls and policies to ensure accurate and compliant receivable records. Additionally, Accounts Receivable Manager verifies customer credit limits and applicable payment terms. Audits methods and procedures of accounts receivable function to improve efficiency. Requires a bachelor's degree. Typically reports to a director. The Accounts Receivable Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Accounts Receivable Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Foodservice business is booming! We’re expanding our team and looking for passionate and talented individuals to join our team!
Karat Packaging (Nasdaq symbol ‘KRT’) by Lollicup USA, Inc, headquartered in Chino, CA is the manufacturer of Karat® food disposable goods and TeaZone® beverage products, the distributor of other leading brands' coffee & tea ingredients, & specializes in custom print and innovative packaging. We have been recognized for our thermoforming plastic capabilities in North America to produce cups and food packaging products that allow us to offer competitive pricing throughout our distribution network (currently 6 regional warehouses are located in CA, HI, NJ, SC, TX, and WA), and services to chain accounts such as Panda Express, Flame Broiler, The Coffee Bean & Tea Leaf, and more.
Company Website: www.karatpackaging.com
Main Job Tasks and Responsibilities:
The Account receivable Specialist is responsible for the reconciliation of customer account and performs business to business collection. This position collects on receivable balances, reconciles customer accounts, resolve account discrepancies, and perform other tasks to secure payment from clients.
Duties include (but not limited to):
· Perform business to business collections by collection on receivable balance per payment term
· Develop and manage close professional relationships with customer.
· Review account receivable aging and reconcile account.
· Review weekly report and address any issue, bring resolution in a timely manner.
· Identify customer deductions and short payments, and process or dispute as needed
· Work closely with sales team and warehouse admin team to resolve customer disputes.
· Resolves invalid or unauthorized deductions by following pending deductions procedures
· Resolves collections by examining customer payment plans, payment history, credit term, coordinating contact with collections department.
· Responds to and addresses customer inquiries
· Carry out collection and reporting activities according to specific deadline
· Maintain and filing accounting relative folder
· Additional task may be assigned as needed
Qualifications:
· Must have at least two (2) year of account receivable experience or bank experience
· Knowledge of high-volume collections, credit authorization, and billing procedures and practices
· Accounting software knowledge required: NetSuite
· Highly organized and detail oriented
· Good writing and communication skills
· Team player.
· Understanding and following policies and procedures
· Applicant must be authorized to work in the US.
Work schedule:
· Monday to Friday, 9:00 AM~6:00 PM (one-hour meal break)
SkillS & Requirements:
· Strong computer (MS Excel/Word/Outlook/VLOOKUP) skill.
Bilingual: English & Chinese-speaking preferred
Compensation: $19-$22/per hour DOE
Benefits:
· Health Insurance
· Dental Insurance
· Vision Insurance
· Company 401k after one-year employment.
· Paid time off
Job Type: Full-time
Pay: $19.00 - $22.00 per hour
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Work Location: In person
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