Payarc · 12 hours ago
Accounts Receivable Specialist
United States
Full-time
Remote
Mid, Senior Level
CA$55K/yr - CA$65K/yr
5+ years expPayarc is a technology-driven company dedicated to empowering organizations through innovative payment processing solutions. The Accounts Receivable Specialist will manage the full accounts receivable cycle, ensuring accurate financial recordkeeping and timely collections while maintaining strong client communication.
Financial ExchangesFinancial ServicesOnline PortalsSoftwareTransaction Processing
Responsibilities
Prepare, review, and send accurate invoices to clients based on services rendered, ensuring compliance with company policies
Enter, post, and reconcile AR transactions within the ERP system (Sage Intacct preferred)
Process incoming payments through various channels, including ACH, credit card, and wire transfers, ensuring accurate application to client accounts
Maintain audit-compliant and organized records of all transactions, communications, and documentation related to accounts receivable
Support month-end close activities, including AR reconciliations and variance analysis
Other duties as assigned
Conduct proactive collections outreach to reduce aging balances and improve cash flow for 800+ accounts
Negotiate payment arrangements while maintaining positive merchant and agent relationships
Investigate and resolve billing disputes in collaboration with internal teams
Monitor overdue accounts, escalate risks, and recommend appropriate actions
Maintain detailed notes and follow-up actions within the ERP system
Prepare weekly and monthly AR aging reports, DSO metrics, and cash flow insights
Identify opportunities to streamline AR processes, including automation and workflow improvements
Contribute to continuous improvement initiatives across Finance and Operations
Qualification
Required
5+ years of experience in accounts receivable, billing, collections, or a relevant accounting operations role
Prior experience in payment processing or financial services industry
Hands-on experience with ERP systems required
Proficiency with Microsoft Office applications is a must
Advanced proficiency in Microsoft Excel (Pivot tables, LOOKUPS, IF functions at least)
Undergraduate degree in Accounting, Finance, Business Administration required
Good understanding of basic accounting principles (GAAP)
Proven collections skills with the ability to handle difficult conversations professionally
Judgment and resourcefulness to solve problems independently and strong technical aptitude and willingness to learn
Strong analytical and reconciliation skills, ability to effectively manage time, attention to detail
Ability to work independently in a fast-paced environment
Must possess strong communication skills (in English) both verbal and written
Preferred
Sage Intacct preferred
Experience in payment processing, financial services, or merchant acquiring highly advantageous
Progressing towards CPA is preferred
Company
Payarc
PayArc provides payment processing solutions to all types and sizes of merchants.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknownKey Investors
Bregal Sagemount
2022-04-12Series A
Leadership Team
Zachary Martinez
CEO
Recent News
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2025-09-23
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