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Senior Accounts Receivable Specialist
2 months ago
At Semtech Semiconductor, we are seeking a highly skilled Senior Accounts Receivable & Collections professional to join our team. This role is responsible for monitoring and managing customers' accounts and billing, ensuring all billing is processed and payments are recorded in an accurate, efficient, and timely manner.
Key Responsibilities:
- Process and manage customer invoices, ensuring timely and accurate billing.
- Maintain accurate and up-to-date accounts receivable records, including aging, credits, and collections.
- Perform day-to-day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables' data accurately in our system.
- Process and manage incoming payments, ensuring compliance with financial policies and procedures.
- Send timely and accurate monthly statements, reminders for on-time payments, aged receivables, billing issues, and other AR inquiries.
- Review and assess customer account performance, including payment history and disputes, and escalate issues to management as needed.
- Investigate and resolve any discrepancies or inquiries, initiating requests for clarification with our operations team as needed.
- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
- Identify and pursue delinquent accounts, contacting account holders to request payment.
- Prepare and analyze quarterly collection forecasts.
- Support quarterly collection targets and perform month-end close activities.
- Perform other ad-hoc tasks as assigned by management.
Requirements:
- Bachelor's degree in Finance, Accounting, or Business Administration.
- More than 5 years of experience in accounts receivable and financial collections.
- Knowledge of general accounting principles, specifically in accounts receivable.
- Hands-on experience in ERP software, preferably SAP.
- Excellent verbal and written communication skills.
- Customer service orientation and negotiation skills.
- Ability to work with minimal supervision, independently, and in a fast-paced environment.
- Ability to anticipate work needs and interact professionally with customers.
- Excellent organizational skills and attention to detail.
- Analytical ability, organized, and a keen eye for detail to spot any issues that may arise.
- An ability to prioritize and manage expectations.