Overview

The Accounts Receivable trainee is responsible for supporting the A/R team with various assignments as needed, such as account reconciliation, cash collection, reporting, audits, new customer documentation and cash applications.

 

Responsibilities

Customer Account Reconciliation and Statements

Prepare monthly customer account statement reconciliations: analyze and compare company receivables to customers’ trial balance or statement. Prepare, review, and provide monthly, quarterly, or ad-hoc customer statements. Provide invoice copies as needed. Research and request backup documentation for unknown deductions. Research unapplied payments on account and prepare check refund request documentation as needed. Assist in application of cash received through lockboxes, ACH/EFT, wires, and credit cards to customer accounts per supplied remittance advice. Research customer portals for remittance and backup information. Process remittances per instructions to determine proper application, including accurately identifying customer deduction categories and notifying management when questions arise. Reconcile deposits posted against daily bank statements provided. Assist when needed in obtaining documentation for auditor selections.

Qualifications

Bachelor’s degree in accounting or similar field 0-1 year of experience in accounts receivable, collections or similar area. Good Excel skills (including formulas, VLOOKUPs and Pivot tables). Detailed oriented, organized, ability to handle multiple priorities. Strong verbal and written communication skills. Proficiency of basic accounting principles, including debits and credits, billing, and claims processing.