Heidrick & Struggles · 6 hours ago
Accounts Receivable Analyst
Chicago, IL
Full-time
Hybrid
Entry Level
$55K/yr - $60K/yr
1+ years expHeidrick & Struggles is seeking an Accounts Receivable Analyst responsible for maintaining and ensuring timely and accurate processing of all Global bank deposits. This role involves applying payments and credits to invoices and general ledger accounts while providing assistance to enhance service to internal and external clients.
Management Consulting
Responsibilities
Ensure accurate and timely application of cash receipts for our global business units
Verify lockbox transmissions have been received daily; taking appropriate steps with the IT department when files are missing
Follow up with internal departments (i.e., OA, FM, EA, Consultants, Collectors, Treasury) to help resolve unidentified cash receipts
Process Offsets (aka Links); apply AR credits to invoices
Process returned client payments
Create journal entries for non-invoice related receipts
Monitor and reconcile suspense accounts to ensure payments are reconciled timely
Assist with the month end closing process
Research open payments on the client aging report and in the unidentified cash account
Process GL reconciliations on a monthly basis
Run error reports regularly and enter appropriate corrections
Process any system testing as needed
Provide global support and assistance to our internal/external customers
Work closely and follow up with the PeopleSoft Support team regarding issues and enhancements
Must be able to maintain accurate and organized records and necessary paperwork/files
Assist with internal and external audit requests, pulling documents as needed
Support training and process improvement efforts
Ability to work independently, as well as with a team; supporting team members in their absence
Maintain functional knowledge of cash applications, billing, and collections processes
Other duties as assigned
Qualification
Required
Bachelor's degree
1 to 3 years of related professional experience
Microsoft office experience (Excel, VLOOKUP, Pivot Tables, advanced formulas)
Report creation and data analysis and interpretation experience
Knowledge of Order to Cash process
Experience in accounting and financial systems
Excellent verbal and written communication skills
Prior internal and external customer service experience
Ability to multi-task in a fast paced environment
Demonstrates knowledge and insights about internal and external customers and acts to fulfill their businesses needs and exceed their expectations
Demonstrates the ability to think deeply and quantitatively about business problems, breaking down problems and presenting solutions while evaluating the pros and cons of each option
Preferred
Degree in Accounting or Finance
Prior cash application experience
Knowledge of PeopleSoft
Demonstrates strong, realistic confidence in oneself in challenging situations and maintains a calm focus on results over time
Develops and applies creative solutions to business problems, anticipating situations and needs and finding flexible answers to new situations; champions innovation to improve business performance
Company
Heidrick & Struggles
Heidrick & Struggles is the premier provider of executive search, corporate culture and leadership consulting services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Alexander Pease
Engagement Manager, CEO & Board Practice
Alexia Watkins
CEO & Board Practice Management Analyst
Recent News
Halper Sadeh LLC
2025-10-07
2025-10-06
Company data provided by crunchbase