Accounting Assistant/Receivables 4

The main function of an accounting assistant is to compute, classify, and record numerical data to keep financial records complete.

A typical accounting assistant is responsible for a wide range of technology and can work in areas closely related to computers.

Instruct staff on the classification, recording, and summarization of numerical and financial data to compile and keep financial records, using journals and ledgers or computers.

Review and approve bills, invoices, account statements, and other financial statements according to established procedures.

Review and approve debiting, crediting, and totaling accounts on computer spreadsheets and databases, using specialized accounting software.

Check figures, postings and documents for correct entry, mathematical accuracy, and proper codes.

Verbal and written communication skills, attention to detail, and critical thinking.

Ability to work independently and manage one’s time.

Basic mentoring skills necessary to provide support and constructive performance feedback.

Ability to apply accounting and mathematical principles to work as needed.

Knowledge of federal, state, and company policies, procedures and regulations as related to accounting.

Previous experience with computer applications, such as Microsoft Word, Excel and PowerPoint, and any other related accounting software.

High school diploma or GED required. Associate's degree in accounting or related financial discipline preferred.

10+ years of financial and/or accounting experience required.

Be a part of a team that directly drives enterprise value through the ongoing administration of a multi-billion-dollar intercompany factoring program.  

Serve global teams across North America, Europe, South Africa, and Asia/Pacific countries by providing useful data and reports related to factored receivables.

Expand your spreadsheet proficiency, reconciliation skills, understanding of factoring business and more with ownership of weekly factoring.

Learn more about factoring operations with and using the Factoring system (Lendscape).

Process weekly factored receivables; responsible for ~60 settlements per mo

Process collections received on fact rec

Submit wire requests via Salesforce for factoring settlements

Manage responsibilities according to established factoring calendar

Reconcile settlement balances to Seller’s receivables system

Collaborate with Seller and Buyer contacts to identify reasons for recon differences, obtain information on invoices/collections, etc.

Distribute accurate and timely settlement reports via SharePoint upload or email.

Assist Buyer and Sellers with settlement or wire discrepancies

Assist with misc tasks such as data entry into Lendscape (due date extensions)

3 other analysts reporting into the manager.

Apart of a larger treasury team. Serving global factoring teams on both manufacturing and Client financial sides, including accounting, credit, treasury, and others

Years of experience: 10+ years

Degree requirement: HS Diploma or GED required, associate's degree in accounting or finance preferred.

Do you accept internships as job experience:  No

Are there past or additional job titles or roles that would provide comparable background to this role: Treasury Analyst, Accounts Receivable, Accountant, Accounts Payable

Attention to detail, ability to follow standard work/procedures, advanced excel experience.

Microsoft office (excel – advanced skills)    

Oracle

Being able to collaborate with all parties

Ability to work independently

Good communication skills (both verbal and written)

Ability to follow standard work

Attention to detail