Accounts Receivable Assoc

Basic Information Location NY NY 100 W 33rd Posted Date 28-Mar-2024 Agency IPG Health Corp Reg NA Department Finance Job Number 42895 Job Type Regular Posting Locations United States - New York, New York Work Arrangement Regular - Hybrid JOB SUMMARY: The Accounts Receivable Associate is an entry-level role that will be responsible for supporting the financial operations of the organization by assisting in the processing and reconciliation of incoming payments, generating and sending invoices, maintaining accurate records, and contributing to the effective management of the accounts receivable function. ESSENTIAL FUNCTIONS: Monthly Accounts Receivable Follow-up. Bank Deposits Tracking. Administrative: Perform basic administrative duties such as data entry, scheduling and coordination of projects. JOB DUTIES/RESPONSIBILITIES: Monthly Accounts Receivable Follow-up Prepare statements of outstanding receivables. Email statements to client's AP. Additional follow-up (via phone and/or email) as needed. Track responses received. Pull copies of invoices/work with Billing teams to provide client's AP with missing invoices. Reach out to Client Finance/Account Mgmt as needed. Bank Deposits Tracking Monitor and track daily bank transactions. Provide Cash Application Team with remittance information. Alert client's AP on payment discrepancies. Administrative Perform basic administrative duties involving data entry and other ad-hoc requests or tasks as required. EDUCATION: DEGREE/DIPLOMA AREA OF STUDY REQUIRED/PREFERRED Bachelor's degree Accounting, Finance, or related field Required LICENSES & CERTIFICATIONS: EXPERIENCE: MINIMUM EXPERIENCE AREA OF EXPERTISE REQUIRED/PREFERRED 0+ Bookkeeping, Accounting, or Finance Preferred KNOWLEDGE, SKILLS, & ABILITIES: Work with customers or clients in a professional setting. Understand basic A/R procedures and best practices. Possess numerical and analytical skills. Excellent attention to detail. Communication and interpersonal skills. Proficient in Excel. Able to work independently and in a team environment. Able to meet deadlines and work under pressure. Able to adapt to new processes and systems quickly. COMPETENCIES: Communication: Is attentive and shows interest in the subject; Expresses ideas clearly and accurately. Collaboration: Works effectively in a team environment to build and foster collaborative environment. Detail Orientation: Acute attention to detail, with an emphasis on consistency and continuity. Fast-Paced: Works in a high-volume, fast paced environment. ADDITIONAL INFORMATION FOR SPECIALTY FUNCTIONS: Choose an item. OTHER INFORMATION: (eg, Lifting over 50 lbs, reasonable accommodations, work schedule) STATEMENT OF UNDERSTANDING: This is not a contract of employment but serves as a reference for your mutual understanding of the terms and conditions associated with the position. Your role may vary from this description, and you may be asked to perform other duties or have additional responsibilities outside of what's outlined above. If you think that there are elements of this that are inaccurate, please speak with your manager and/or HR Partner. There are three types of Employee Work Arrangements that classify where a person conducts work: In-Office, Hybrid, and Fully Remote. The amount of time an employee spends working virtually versus in person is dictated by their work arrangement classification, the demands of the role, the needs of the agency and their team, and a person's performance. This is not intended to include modifications consistent with providing a Reasonable Accommodation. Salary $46,000 to $66,000 annually. The salary range for this position is noted within this job posting. Where an employee or prospective employee is paid within this range will depend on, among other factors, actual ranges for current/former employees in the subject position; market considerations; budgetary considerations; tenure and standing with the company (applicable to current employees); as well as the employee's/applicant's background, pertinent experience, and qualifications.