Responsibilities
- This position is responsible for customer collections and daily cash management duties. This position will work with the Accounts Receivable Supervisor to help identify slow paying customers and make recommendations regarding risk when necessary. The successful candidate will combine excellent interpersonal and analytical skills with knowledge of invoicing, collections and credit analysis. The candidate will build and maintain good relationships with customers of RED Digital Cinema and demonstrate an understanding of our business goals. This role will work closely with Sales, Shipping and other departments to help manage and streamline the revenue cycle.
- Manage customer payment activities, including depositing checks, receiving remittances, verifying, and posting customer payments (USD and fx), and applying payments to customer accounts.
- Record all cash received on the company’s cash forecast.
- Prepare A/R aging, identify delinquent accounts and initiate the collections process. Communicate effectively and persuasively with customers regarding past due balances via email and/or phone.
- Ensure payments are received within the established payment terms.
- Investigate, track and resolve billing queries and discrepancies in a timely manner. Analyze and communicate discrepancies internally to identify how RED can improve to prevent such errors.
- Assist with invoice and credit memo creation.
- Assist with credit granting process. Evaluate credit applications, obtain trade references, and pull commercial data reports. Make credit recommendations based on gathered information.
- Assist AR supervisor with credit increases and account holds by verifying account status, analyzing customer pay history, and making recommendations on credit limit increases to align with company sales goals.
- Journal entry preparation and posting to ensure financial transactions are recorded (AR/AP offsets, accruals).
- Assist with month-end accounting close to ensure books are always current and accurate so management teams can make effective business decisions. Identify areas for performance improvement to reduce month-end close time.
- Perform account and bank reconciliations in a timely manner.
- Support greater Finance team in ad hoc projects.
- Answer AR emails in a timely manner.
- Actively engage and participate in cross training, month-end meetings, development, and ongoing ERP system updates.
Requirements
- At least 2-3 years of Accounts Receivable experience.
- Bachelor’s degree in accounting or similar degree preferred.
- Strong collections experience with both business and retail customers.
- Knowledge of Order to Cash Cycle.
- Basic understanding of accounting principles.
- Excellent verbal and written communication skills
- Analytical with good problem-solving skills.
- Intermediate Excel skills (v-Lookups, pivot tables, formulas, formatting, etc.).
- Great attention to detail and high degree of accuracy.
- Ability to multitask in a fast-paced environment, adapt to change and meet deadlines.
- Ability to prioritize and manage expectations.
- ERP experience (NetSuite preferred)
Work Location: Hybrid – Lake Forest, CA
Hourly Rate: $27-30