Staff Accountant - AR

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Position Summary

The Staff Accountant - AR is a key member of the Finance organization with responsibility to perform activities of the Accounts Receivable function for Pulsafeeder sites at Rochester NY and Punta Gorda FL. This position requires a high energy individual to manage and improve Accounts Receivable through sustained process improvement. This role will also be supporting the Accounting & Finance function to prepare financial records, such as analysis, reconciliations, and monthly forecasts. The AR Process Owner will report to the Accounting Manager and will be responsible for managing the complete AR process. The position will work closely with the IT team & AR/AP Clerk to streamline collection processes driving efficiency and complexity reduction projects. This position requires excellent analytical and communication skills to be able to consolidate both sites accounts receivables function into OnePulsafeeder.

Essential Functions

• Collections, Cash Application & Credit Holds
  • Oversee and manage the daily cash application process to ensure accuracy
  • Prepare and present AR Past Due analysis during daily, weekly, and monthly meetings
  • Review and release credit holds daily, compliant with corporate guidance and with proactive communication across functions
  • Run and analyze Dun & Bradstreet credit reports for new customer set-up, credit limit increases, and annually to ensure that customer credit limits and payment terms are appropriate
  • Prepare and record monthly journal entries for bad debt, deferred revenue, retention, AR credit reclass, and revenue recognition (dock walk, shipped not invoiced, invoiced not shipped, incoterms, etc.)
  • Responsible for AR Aging analysis to drive unapplied receipts, bad debt, and past due reduction including countermeasure analysis
  • Prepare month end reconciliations for all AR accounts
  • Responsible for weekly and monthly AR forecasting
  • Reconcile cash received to the appropriate G/L accounts.
  • Advise the Accounting Manager of potential write-offs (as required).

• Process Improvement
  • Lead the AR function with customer obsession
  • Standardize AR processes across both business units
  • Identify and lead AR process improvement to increase efficiency
  • Partner with IT to develop and implement system enhancements to reduce complexity
  • Successfully partner and align with internal & external customers to drive AR enhancements
  • Monitors, analyzes, & researches process improvement opportunities
  • Deliver high quality of ad hoc analysis

Knowledge, Skills, and Abilities

EDUCATION

• Bachelor's Degree in Accounting or Finance

EXPERIENCE

• 2+ years of progressive accounting/finance experience in a manufacturing environment or similar work experience
• Balance Sheet and Income Statement comprehension
• Strong AR background with ERP experience
• Working knowledge of Generally Accepted Principles (GAAP) and the ability to research and apply accounting pronouncements as appropriate
• Experience in a matrix environment
• Experience in preparing, analyzing, and implementing accounting and reporting requirements.
• Experience with PC and ERP system usage - JDE and OneStream preferred

COMPETENCIES

• Proficient computer and technological skills, including high proficiency in OneStream and Microsoft Office Applications primarily excel.
• Superior verbal and written communication skills
• Strong business acumen and analytical skills
• Proven operations literacy
• Ability to develop self and team
• Strong Controllership focus
• Ability to work with complex spreadsheets
• 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.
• Ability to build relationships at all levels within the organization.
• Ability to organize multiple responsibilities and deliver results in an accurate and timely manner while adapting to changes in priorities.
• Detail and process oriented.
• Ability to manage multiple projects and meet deadlines under pressure.
• Self-starter with a strong sense of urgency and follow up skills.
• Maintains the professionalism of the Finance Department.

Physical Environment and Environmental Factors

• Regularly works in an office setting.
• Occasional travel to Punta Gorda FL may be needed on a quarterly, semi-annual, or annual basis once COVID restrictions have been lifted
• Frequently required to stand, sit, talk, and hear
• Must be able to work in front of a computer for a large portion of the day
• May occasionally lift to 20lbs

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).