Job Overview
The Accounts Receivable Specialist is a key role within the Finance team, responsible for managing the full A/R lifecycle with a focus on accuracy, compliance, and process improvements. This position involves owning A/R processes, leading reporting and collections, and collaborating across departments to support financial operations and strategic growth in a dynamic environment.
Responsibilities
- Serve as the primary owner of the Accounts Receivable function, ensuring accuracy, timeliness, and compliance across all A/R processes.
- Refine and enforce A/R policies, procedures, and internal controls, developing new ones as needed.
- Lead A/R reporting, including aging, cash forecasting, and KPI tracking with insights for leadership.
- Partner with Finance leadership on revenue recognition, deferred revenue, and month-end close activities.
- Oversee daily deposit recording from various sources like Shopify, Stripe, and wire transfers, ensuring proper classification and reconciliation.
- Manage complex intercompany A/R transactions and journal entries.
- Ensure VAT requirements and other regulatory considerations are applied.
- Lead collections strategy, including prioritization, escalation, and risk assessments for delinquent accounts.
- Build and maintain dashboards to monitor collection performance and aging trends.
- Act as liaison between Finance, Student Support, Sales, and external payment providers.
- Provide strategic guidance to Sales on order structure and client account adjustments.
- Approve complex client payment and scheduling adjustments based on analysis.
- Participate in automation initiatives and system integrations to streamline A/R workflows.
- Identify inefficiencies and propose solutions to improve accuracy and reporting.
Qualifications
- Advanced expertise in Accounts Receivable processes and financial operations.
- Strong analytical judgment and ability to drive process improvements.
- Experience with A/R reporting, cash forecasting, and KPI tracking.
- Knowledge of revenue recognition, deferred revenue, and regulatory compliance including VAT.
- Proficiency in managing deposits, reconciliations, and intercompany transactions.
- Skills in collections strategy, risk assessment, and dashboard creation.
- Ability to collaborate cross-functionally and provide strategic guidance.
- Experience with automation and system integrations for financial workflows.
