Role Description
An Accounts Receivable Specialist is responsible for verifying and posting routine and complex payments received from customers in an accurate and timely manner. This involves working with a variety of financial institutions and posting systems. You may process adjustments, refunds, or perform account reconciliations.
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Ensures that payments received from customers are applied accurately and in a timely manner to accounts, based on SLOs.
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Processes and records all payment types, including ACH, wires, and lockbox activity.
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Reconcile payment discrepancies by working closely with Collections, Customer Service, and other internal stakeholders to ensure that issues with customer postings or misapplied payments are resolved in a timely manner with no customer disruption.
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Responsible for processing adjustments, write-offs, and refunds.
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Performs research on various accounting processes, including reconciling discrepancies in bank accounts against system data.
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Supports the Team Leader with creating, maintaining, and executing processes and procedures that incorporate controls to mitigate financial risk while emphasizing efficiency, timeliness, and accuracy of transactions.
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Periodic training of other AR Specialists on individual processes relative to their platform/duties.
Qualifications
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Bachelorβs degree and/or a minimum of 2-4 years of experience in a comparable role.
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Strong accounting, analytical, and problem-solving skills.
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Intermediate knowledge of PC based application software with an emphasis on Google Sheets.
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Independently seeks opportunities to improve processes, proactively expands knowledge through exploration, and takes ownership of their professional development.
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Excellent time management, prioritization, goal setting, planning, and work scheduling skills.
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Strong attention to detail.
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Must successfully pass a background investigation.
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Strong communication and interpersonal skills.
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Enthusiasm for automation, AI, and emerging technologies, with a desire to explore their application in business processes.
Requirements
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The base pay range represents the anticipated low and high end of the pay range for this position: $19.70 - $23.10.
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Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role.
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Base pay is one component of WEX's total compensation package.
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Most sales positions are eligible for commission under the terms of an applicable plan.
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Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan.
Benefits
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Health, dental and vision insurances.
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Retirement savings plan.
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Paid time off.
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Health savings account.
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Flexible spending accounts.
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Life insurance.
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Disability insurance.
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Tuition reimbursement.
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And more.