Accounting Specialist Job at Addison Group in Minneapolis

Title: Accounting Specialist

Location: Oakdale, MN – This is an on-site role and only local Minnesota applicants are eligible for hire

Compensation: Up to $31.25/hr depending on applicable experience

Internal ID: 10021605

About:

Addison Group is in search of a seasoned Accounting Specialist to join the team of our client in the manufacturing sector! They are actively seeking an experienced candidate skilled in full-cycle Accounts Receivable with experience in Accounts Payable processing, particularly in a high-volume capacity. This role entails extensive vendor communication, managing deductions, applying cash, sending out statements, lock box (ACH & Wire Transfers), discrepancy resolution, monitoring the AR aging report, and sales & use tax, and more. This is an onsite role compensating up to $31.25/hr depending on applicable experience.

Note - this is a an onsite role and only local Minnesotan applicants are eligible to apply.

Responsibilities:

• Full-Cycle Accounts Receivable: Oversee the entire accounts receivable process, from invoice creation to payment posting.
• Daily Payment Applications: Apply daily payments received via Lockbox, Bank Run Checks, ACH, and Wire transfers.
• AR Aging Report: Monitor and track the AR Aging Report weekly, ensuring timely follow-up on outstanding invoices.
• Discrepancy Resolution: Resolve discrepancies and disputes related to billing and payments by coordinating with vendors and internal departments.
• Deductions Management: Identify, investigate, and resolve deductions and short payments, maintaining detailed records.
• Sales & Use Tax Compliance: Ensure accurate calculation and timely submission of sales and use taxes.
• Vendor Communication: Maintain strong relationships with vendors through regular communication, addressing their inquiries, and resolving issues promptly.
• Credit and Collections: Perform credit evaluations, set credit limits, and manage collections for overdue accounts.
• Month-End Close: Assist in the month-end close process by preparing and posting AR journal entries, and reconciling AR-related accounts.
• Report Generation: Generate and analyze AR-related reports to provide insights and recommendations for process improvements.
• Process Improvement: Identify opportunities to streamline AR processes and enhance efficiency and accuracy.

Qualifications:

• Experience: Proven experience in accounting roles, with a focus on accounts payable and receivable functions, preferably within the construction industry. Minimum of 3 years of relevant experience.
• Full-Cycle Processing: Extensive knowledge and experience in full-cycle accounts payable and receivable processing, including invoice receipt, verification, posting, and payment processing.
• High-Volume Environment: Demonstrated ability to thrive in a high-volume environment, handling many invoices and transactions efficiently while maintaining accuracy and meeting deadlines.
• Vendor Communication: Strong communication skills with the ability to effectively communicate with vendors to resolve invoice discrepancies, address payment inquiries, and maintain positive relationships.

Why choose Addison Finance & Accounting?

Pay: We negotiate high salaries using US Bureau of Labor Statistics

Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses.

Permanent Employment: Many of Addison’s Finance & Accounting job openings lead to potential permanent employment.

Connections: You connect directly with hiring managers from renowned organizations

Options: You are presented multiple employment options near your home

Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation.

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

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