Accounts Receivable Associate at Fairbanks Morse, LLC in Beloit, Wisconsin

Job Description:

Summary

Fairbanks Morse Defense is looking for an Accounts Receivable Associate to join our team. Responsibilities include, but are not limited to, processing of customer invoices and credit memos for goods and services on a timely basis. He/she will oversee accurate processing of invoices and collections. The associate delivers and drives collections based on metrics and target setting. He/she will ensure deadlines are met while maintaining appropriate internal controls. Assisting with internal and external audits of policies, procedures and overall financial statements will be a key function of this role.

Primary Duties and Responsibilities

• Prepares, records, verifies, analyzes and reports accounts receivable transactions, and posts customer payments on a timely basis. Ensures timely collection of cash receipts from customers. Handles collection accounts that have escalated from the A/R colleagues. Enters invoice information into WAWF.
• Provides regular customer account status reports as well as A/R aging reports and DSO reporting.
• Ensures accounts receivable policies and procedures are followed and that external and internal controls/policies are adhered to.
• Oversees potential problem accounts and sends follow-up correspondence. May produce reports of accounts that are in arrears and analyses of bad debt. Reviews and monitors credit sources, credit files, customer applications and delinquent accounts.
• Assist with month-end close.
• Establish new customer credit profiles and conduct annual reviews on existing customer accounts

• High School Diploma or equivalent required; Associate Degree preferred
• Minimum of 1 to 3 years' experience in a similar role, preferably in a manufacturing environment
• Knowledge of government payment systems is a plus (WAWF, etc.)
• Must possess strong analytical, problem-solving, negotiation, organizational, and technical skills
• Strong attention to detail, ability to make sound/quality decisions
• Ability to multi-task in a fast-paced environment
• Proficiency in use of an ERP computer software package
• Proficient in MS Office applications (Outlook, Word, Excel, PowerPoint)

• This position includes access or potential access to export-controlled data. Therefore, you will need to qualify as a U.S. Person, which is defined as a U.S. Citizen, a U.S. Permanent Resident or a political asylee in compliance with International Traffic in Arms Regulations (ITAR) or the Export Administration Regulations (EAR).

This specification is intended to indicate the kinds of tasks and levels of work difficulty that will be required of positions that will be given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of any supervisor to assign, direct, and control the work of employees under his/her supervision. Ability to competently perform all the essential duties of the position, with or without reasonable accommodation, demonstrated commitment to effective customer service delivery, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Fairbanks Morse Defense.