Accounts Receivable

CorTech
Wayne, NJ Full Time
POSTED ON 11/12/2021 CLOSED ON 12/10/2021

What are the responsibilities and job description for the Accounts Receivable position at CorTech?

Pay Rate - $30/hr

Shift: 8am-4pm or 9am-5pm

Job Description

Responsible for all aspects of credit, collections, and cash application functions. Ultimate objective is to minimize credit risk and to follow up on all accounts receivable to achieve a minimum amount of days sales outstanding in open accounts receivable.
The job responsibilities include, but are not limited to:

  • Initiate all collection activities, follow-up and monitor results including written correspondence, telephone, fax, and e-mail with customers.
  • Interface with sales, service, and logistics departments in resolving any accounts receivable issues, including initiating requests for billing adjustments and keeping the departments updated on any A/R collection issues.
  • Establish and maintain credit and collection files and records.
  • Apply all cash receipts (local deposits, lockbox deposits, and wire transfers) to the appropriate invoices on customers’ accounts.
  • Process all credit card settlements from customers paying via credit card.
  • Monitor credit lines
  • Review international letters of credit and prepare bank guarantees
  • Prepare commercial invoices.
  • Process daily sales invoicing
  • Perform all duties in accordance with company policy.
  • Perform any other duties as deemed necessary by the company.

Required Education and Experience

  • Associate’s Degree
  • 3 - 5 years’ experience in credit and collections, including international credit/collections & review/processing of letters of credit & bank drafts
  • Preferred but not required prior experience working in an Equipment/Scientific/Engineering Industry

Required Skills

  • Computer Literate with office productivity applications
  • Good verbal and written (English) communication skills
  • Self-Motivated
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