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AR Deductions Analyst

Company: firstPRO 360
Location: Atlanta
Posted on: November 22, 2021

Job Description:

Our client is a leading manufacturer of specialist products and they wish to hire an AR Deductions Analyst that will be responsible for researching and reconciling customer disputes, payments, credits, invoices, and contracts to reflect the proper status and balance of the customer's AR and ensure payment recovery on invalid short payments/claims.Essential duties will include: -Monitor and track the daily analysis of customer disputed invoices/short-payments on a very high volume-based activityPerform analysis of customer accounts based on the customer's purchases, payment history, credit worthiness, credit limit exposure and our business strategyTrack and evaluate past due A/R accounts to reduce the risk of credit exposureEvaluate credit worthiness of accounts and determine proper account order hold or releasesAbility to research cash application matters on customer accountEvaluate aged items for bad debt write off and refund analysisPerform offsetting adjustments to ensure customer account balances are properly statedContact customers to secure payment on overdue balances, issues resolution on open itemsProvide guidance and support to Sales and Operations Managers, Logistics, Common carrier disputes, outside Distribution operations about the release of orders to accounts that have aged accounts receivableFinancial recovery of invalid disputed customer account receivables balancesNegotiate and structure payment plansEnsure customer accounts are accurately stated in adherence to US GAAPRecommend write offs for uncollectable open invoices and disputed balancesJob Requirements: -2 year Degree in Accounting or FinanceA/R software experience for large corporations5+ years minimum of A/R Dispute resolution experience in a large organization, working with vendor portalsCash Application research and analysisMust have Advanced Excel skillsExperience with GAAP and SOX requirements in a publicly traded company

Keywords: firstPRO 360, Atlanta , AR Deductions Analyst, Professions , Atlanta, Georgia

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