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Accounts Receivable Analyst

Madison Heights, MI 48071

Posted: 06/10/2024 Employment Type: Direct Hire Job Category: 1 - Accounting & Finance Job Number: JO10000775 Pay Rate: $70,000.00

Job Description

VENTEON Finance is hiring an ACCOUNTS RECEIVABLE ANALYST to provide support in Madison Heights, MI. You will support the analysis and reconciliation of open accounts receivable invoices to determine the correctness of the original invoice and act to either correct the account balance or work with the distributor to manage AR disputes based on findings.
POSITION TYPE: Full Time, direct hire position.
WORK ENVIRONMENT: Hybrid after training. (Every other week in office TUES, WEDS and THURS)
PAY: $ 60,000 to $80,000 annually plus benefits package depending on your education and skill level.

Requirements of the Accounts Receivable Analyst:
  • Bachelor s degree in accounting or finance is strongly preferred. Understanding of GAAP required. Ability to reconcile AR balances for month end closing.
  • 5+ years of directly relevant Accounts Receivable experience that includes reconciling account balances and successfully collecting past dues.
  • Strong  capability with financial analysis including working with high volumes of data and reports to quickly determine what needs addressing and the best method to do so.
  • Prior experience navigating web portals to enter and gain AR information.
  • Experience with ERP systems is required. SAP skills are highly desired. Sage skills are a major plus.
  • Strong experience with Excel (Pivot tables, Lookups, Index, etc.) is required.
  • Trade Management System (promotional discounts system ) knowledge highly desirable. Knowledge of Vividly Trade Spend Management Solution is a huge benefit.
  • Prior experience with CPG (Consumer Packages Goods) is desired, not required.
Duties of the Accounts Receivable Analyst:
  • Produce data and reports on open invoices status.
  • Research and resolve a high volume of client short or missing payments. Review promotional discounts system to ensure applicable discounts were applied during the invoice generation process, and that the pricing and quantity invoiced was correct.
  • Ensure any shipping claims were resolved  by providing proof of delivery, monitor whether improper rebates were taken, freight costs invoiced were accurate, and product returns were credited, among other things that lead to barriers in payment.
  • Use customer web portal systems daily to access invoice payment status, enter corrected invoices, and pull payment remittances.
  • Collaborate with Sales to ensure planned volume and spending is accurately represented in the Vividly promotional discounts system.
  • Develop improved procedures and maintain the deduction dispute process.
  • Support timely and accurate data entry and maintenance of trade promotions in Vividly.
  • Develop a reporting toolkit/scorecard for the assessment of trade KPIs.
  • Prepare monthly reconciliations for trade GL Accounts.
  • Manage outsourced resources assisting with validating trade deductions.
  • Build and maintain solid business relationships with internal and external partners.
 
If you are a high performer and you think the above opportunity is appropriate for you, we invite you to apply to this job and email your resume to MLudwig@venteon.com

We treat all resumes with strict confidentiality. We will always contact you first before submitting your resume to our client(s) for review. If you do not receive correspondence, you are not a fit for this position.

At Venteon, our talent acquisition team is proud to provide our clients with the most qualified Accounting & Finance, Engineering and IT talent in the industry today.
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About Madison Heights, MI

Discover exciting job opportunities in and around Madison Heights, Michigan today! This vibrant suburb, located in Oakland County, just north of Detroit, offers a perfect blend of urban amenities and suburban charm. With easy access to iconic landmarks like the Detroit Zoo, charming spots like the Red Oaks Waterpark, and a variety of cultural experiences at the Detroit Institute of Arts and the Fox Theatre, Madison Heights provides a dynamic backdrop for career growth. Explore job listings in this area to be part of a community known for its diverse cuisine, thriving art scene, and close-knit neighborhoods. Start your next career adventure in Madison Heights, MI, and unlock endless opportunities for personal and professional development!