Our client in the Corbin, KY area is seeking a detail-oriented Accounts Receivable & Commissions Coordinator to join its finance team. This role is responsible for managing customer accounts, supporting cash application and collections efforts, administering commission and rebate programs, maintaining accurate financial records, and helping optimize financial processes. The ideal candidate will possess strong analytical skills, excellent communication abilities, and a commitment to maintaining accuracy and confidentiality in financial transactions.
Key Responsibilities:
- Maintain accounts receivable records, ensuring aging reports are accurate and up to date.
- Apply cash receipts, credits, collection activities, and account adjustments accurately and timely.
- Perform daily cash management functions, including recording bank deposits, updating cash receipt logs, and posting payments to the accounts receivable sub-ledger.
- Monitor outstanding receivables and communicate with customers via phone, email, and written correspondence regarding past-due balances.
- Investigate and resolve account discrepancies, payment issues, and customer inquiries.
- Review and verify invoices and supporting documentation for accuracy.
- Identify slow-paying accounts and support collection efforts as needed.
- Calculate, track, and process sales commissions in accordance with established commission plans.
- Maintain commission records and partner with sales leadership to research and resolve commission-related questions or discrepancies.
- Administer customer rebate programs, including tracking accruals, validating rebate claims, and ensuring timely processing of payments.
- Analyze commission and rebate data to ensure accuracy and provide reporting for management.
- Prepare analytical reports and ratio analyses related to accounts receivable performance, collections activity, commissions, and rebates.
- Recommend process improvements to enhance the efficiency and effectiveness of accounts receivable, commission, and rebate administration.
- Maintain confidentiality and ensure compliance with accounting policies and financial controls.
- Assist with general accounting, inventory management, cost accounting, and other finance department projects as assigned.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field required.
- 3+ years of experience in accounts receivable, collections, cash application, commissions administration, rebate accounting, or general accounting preferred.
- Experience calculating and administering sales commissions and customer rebate programs strongly preferred.
- Strong understanding of accounting principles, accruals, and financial reporting concepts.
- Proficiency with Microsoft Excel and accounting/ERP systems.
- Excellent analytical, organizational, and problem-solving skills.
- Strong written and verbal communication skills.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- High attention to detail and commitment to accuracy.