Accounts Receivable Clerk Job at Idex Corporation
Idex Corporation Denver, CO 80216
$25 - $30 an hour
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40
diverse businesses
around the globe, chances are, we have something special for you.
SUMMARY OF JOB RESPONSIBILITIES:
The Accounts Receivable Clerk will be the primary owner of the cash application process. The Clerk will identify inefficiencies in the current process and implement best practices for cash applications by utilizing banking information and reporting, strong propensity for data management while leveraging technology and IT resources.
This position will also have collection and management responsibilities. This person will also serve in back-up functions for some of the responsibilities of the Accounting Manager and take on additional responsibilities as needed.
DUTIES AND RESPONSIBILITIES:
- Responsible for developing and executing A/R procedures to optimize cash collections and applications in line with organizational goals.
- Ensures timely collection of balances through collection efforts including emailing/calling customers as well as performing in- portal invoicing
- Leads the tactical departmental initiatives to improve, automate, and simplify current cash application and reporting processes to maximize their efficiency and effectiveness.
- Prepare accurate and timely financial reports in order to measure the effectiveness of A/R management and follow-up.
- Analyzes financial information i.e. “Credit Safe, Dun & Bradstreet, etc.” and financial statements of prospective customers to determine credit worthiness. Prepares recommendations for credit terms and credit limits for the Accounting Manager.
- Enforces approved credit terms and credit limits in accordance with company policies. This includes monitoring customer accounts for over-limits and delinquencies.
- Reviews orders on credit hold daily and takes appropriate action necessary to clear them for shipment as scheduled and avoid shipping delays.
- Monitoring and delinquent accounts and involving account managers and others in management once collections efforts have been unsuccessful
- Assists Accounting Manager with special projects and analysis as assigned
KNOWLEDGE, SKILLS AND REQUIRED ABILITIES:
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Above average math, problem solving and analytical skills.
- Excellent verbal and written communication skills.
- Self-starter, can identify gaps in processes and remediate with limited assistance
- Works effectively in a team environment, within and outside of the Finance Department.
- Consistently operates at the highest level of integrity and is never willing to compromise with regards to ethical standards.
- The ability to take initiative, a sense of ownership and follow through is essential to the health of the organization
- The ability to openly and willingly communicate at all levels is critical to enhance process efficiency and productivity.
EDUCATION AND EXPERIENCE:
- Bachelor’s Degree in Accounting, Business or Finance preferred.
- A minimum of 3 years of related professional work experience.
- Prior experience in credit and collections in a business to business environment.
- Excellent computer and technological skills, including high proficiency in Microsoft Office Applications preferred.
- Proven success in collection efforts in a firm and professional manner despite any adversarial confrontations that may arise in the process.
- Demonstrated experience in process improvements and automation of systems.
- Working knowledge of JDE & Collection Modules preferred.
Essential Functions:
The physical demands and work environment described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical Demands:
- Requires use of hands and arms at least 60% of the time.
- Majority of the time is spent sitting.
- Approximately 20% of the time is spent bending and crouching.
- Lifting requirements are generally less than 10 lbs. Manual lifting could reach the company maximum of 50 lbs.
Work Environment:
- Climate-controlled office environment.
- Noise exposure is light to moderate.
KEY COMPETENCIES:
To perform the job successfully, an individual should demonstrate the following competencies to perform the essential functions of this position.
- Problem solving: The individual identifies and resolves problems in a timely manner and gathers and analyzes information skillfully
- Interpersonal Skills: The individual maintains confidentiality, remains open to others’ ideas and exhibits willingness to try new things.
- Relationships with Others: The individual works effectively and relates well with others Including superiors, colleagues, and individuals inside and outside the Company. The employee exhibits a professional manner in dealing with others and works, to maintain constructive working relationships.
- Communication and Contact: The individual communicates effectively both verbally and in writing with superiors, colleagues, and individuals inside and outside the Company. The individual uses effective communication for interface with customers.
- Planning/organizing: The individual prioritizes and plans work activities, uses time efficiently and develops realistic action plans.
- Quality control: The individual demonstrates accuracy and thoroughness and monitors own work to ensure quality.
- Adaptability: The individual adapts to changes in the work environment, rotates into other functions as needed, manages competing demands, and is able to deal with frequent change, delays, or unexpected events.
- Dependability: The individual is consistently at work and on time, follows instructions, responds to management direction, and solicits feedback to improve performance.
- Safety and security: The individual actively promotes and personally observes all safety procedures. The individual complies with Environmental, Safety, and Hazardous Communications requirements.
COMPENSATION
- The estimated compensation for this position is $25.00-$30.00 per hour DOE
This position may be eligible for a business unit bonus annually
This position is also eligible for our comprehensive U.S. benefit offerings, which include Health benefits, 401(k) retirement savings program with company match, at least 80 hours of vacation, along with holiday, sick and personal time off. Please visit our career page at
https://www.idexcorp.com/careers/our-benefit-and-rewards/
Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
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