Accounts Receivable Specialist I/II
Karachi, Pakistan
Full Time
Entry Level
Accounts Receivable Specialist I/II
The Accounts Receivable Specialist I/II will support the Finance and A/R Department by performing all accounts receivable related duties, including the posting of payment transactions, contract analysis, collections of past due amounts, resolving discrepancies, and other assignments as requested by manager.
DUTIES & RESPONSIBILITIES
Invoice Management
KNOWLEDGE & EXPERIENCE
Education:
The Accounts Receivable Specialist I/II will support the Finance and A/R Department by performing all accounts receivable related duties, including the posting of payment transactions, contract analysis, collections of past due amounts, resolving discrepancies, and other assignments as requested by manager.
DUTIES & RESPONSIBILITIES
Invoice Management
- Learn to generate and distribute invoices accurately and in a timely manner to customer
- Learn to analyze contracts and amendments to ensure invoices are created accurately
- Learn to review invoices for discrepancies and resolve issues with relevant stakeholders to ensure quality and accuracy.
- Learn to effectively monitor accounts to ensure payments are received within the specified payment terms.
- Match incoming payments to their accounts within the billing system and reconcile discrepancies 6. Learn to communicate effectively with clients to resolve billing discrepancies and address any concerns
- Collaborate with clinical teams to obtain missing data.
- Record payments accurately in the accounting system and update customer records accordingly.
- Learn to monitor aging reports and take appropriate action to collect past-due receivables.
- Learn to escalate unresolved issues to management and initiate collection proceedings when necessary.
- Learn to prepare regular reports on accounts receivable status, aging, and collection activities for management review
- Learn to analyze receivables data to identify trends, anticipate cash flow issues, and propose solutions for improvement
- Learn to build and maintain positive relationships with clients to facilitate timely payments.
- Learn to address customer inquiries and concerns regarding billing and payment issues professionally and promptly.
KNOWLEDGE & EXPERIENCE
Education:
- Associate’s degree and above required
- 1+ years of finance or account receivable experience preferred
- N/A
- Proficiency in Microsoft Office and Google Suite, intermediate in Excel– (Formulas, Pivot Tables, VLOOKUPS, etc)
- Strong analytical and problem-solving skills, preferred.
- Excellent attention to detail
- Willingness to learn and adapt to new tasks and responsibilities
- Ability to communicate effectively with customers and colleagues.
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