Payables/Receivables/Billing Analyst II Salary in Illinois

The Payables/Receivables/Billing Analyst II maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments. Analyzes accounts payable/receivable activities to ensure compliance with internal controls and accounting policies. Being a Payables/Receivables/Billing Analyst II generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings. In addition, Payables/Receivables/Billing Analyst II investigates and resolves discrepancies in billings and collections or payments. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May recommend improvements to accounts payable/receivable processes. Requires a bachelor's degree. Typically reports to a manager. Being a Payables/Receivables/Billing Analyst II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Payables/Receivables/Billing Analyst II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)

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