Accounts Receivable Analyst

Purpose of the Job

The Accounts Receivable Analyst will be responsible for complex financial, administrative, and clerical services, and will ensure proper review, timely processing, and communications of all billing and collection. This person will support financial managers to complete assigned receivables by analyzing accounts receivables, applying collection policies and procedures, and recommending accounting treatment for delinquent account

This is a hybrid on-site position at our downtown Chicago, IL office.                                              

Key Responsibilities

• Perform daily processing of financial transactions to ensure that finances are maintained in an effective, up-to-date, and accurate manner.
• Maintain the accounts receivable aging for customers, ensure incoming payments are reconciled against remittance provided.
• Monitor activity on and proactively contact all assigned accounts regarding past due items via email and phone calls.
• Communicate with customers via phone and email to reconcile customer accounts, and address customer inquiries.
• Carry out collection and reporting activities according to specific deadlines.
• Partner and communicate with supervisor regarding any issues, unusual events, disputes, or deviations of policies or procedures.
• Maintain an efficient collection process to include an organized filing and tracing system, monitor returned checks and chargebacks.
• Assist with month-end activities and year closings, including monthly statements and aged receivable reports.
• Research discrepancy invoices and unapplied or unidentified payments, including identifying problem areas and assisting with finding and implementing solutions.

Knowledge, Skills + Experience

• 3+ years of accounts receivable or collections experience.
• Strong background in Microsoft Office – Highly proficient in Excel.
• Bachelor’s degree in related discipline or an equivalent combination of training and experience.
• Must be extremely detail oriented.
• Excellent oral and written communication skills and the ability to communicate across many organizational levels.
• Strong organizational skills and ability to multitask.
• Must possess a high energy and sense of urgency.
• Must be legally authorized to work in the United States without needing current or future employer sponsorship.

Company Benefits

• Healthcare, dental, vision insurance
• Short-term and long-term disability coverage
• 401k with discretionary company match
• 16 days of PTO with 9 company holidays + 3 floating holidays

For Illinois applicants: The US base salary range for this position is $61,000 to $68,000 annually. Actual compensation packages are based on a variety of factors that are unique to each candidate, including skill set, experience, certifications and work location. This range may be different in other locations due to differences in cost of labor. The total compensation for this package includes an annual performance bonus target in addition to base salary. 

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