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Socomec Group · 2 days ago

AR Specialist

Watertown, MA

Full-time

Onsite

Mid, Senior Level

$60K/yr - $75K/yr

5+ years exp

Socomec Group is seeking an Accounts Receivable (AR) Specialist responsible for managing the full billing and collections cycle to ensure timely and accurate receipt of payments. The role involves invoicing, customer account reconciliation, payment posting, and resolution of outstanding accounts to support company cash flow.

ElectronicsManufacturing

Work & Life Balance

Responsibilities

Reconciling customer accounts and resolving discrepancies

Investigating and resolving customer billing inquiries and disputes

Following up on overdue customer accounts and managing collections

Generating customer invoices and statements

Verifying accuracy of customer invoices and ensuring proper authorization

Recording and coding customer payments in the accounting system

Applying cash receipts to customer accounts accurately

Investigate and resolve billing discrepancies and payment disputes in a timely manner

Analyze collection trends and prepare reports on the status of accounts receivable and bad debt

Partner with sales, customer service and finance teams to align processes and resolves issues impacting AR

Provide financial data and reports to support decision making and forecasting

Support month end closing activities, including AR balance verification

Identify inefficiencies and work with AR manager to implement automated solutions to streamline AR operations based on group and industry best practices