Accounts Receivable Specialist
Mundelein, IL
Category: Finance and Accounting
Reference ID: 10064177
Shortcut: http://addisongroup.gosnaphop.com/XuKkfM
Title: Accounts Receivable Specialist
Location: Vernon Hills, IL (On-Site)
Assignment Type: 3- month contract with potential for contract-to-hire
Compensation: $26.00 - $28.00 / Hourly depending on relevant experience
Benefits: This position is eligible for medical, dental, vision, and 401(k).
***Must be located in the Chicagoland area!!
Are you looking for an opportunity to work with a reputable company and well-established work environment? Our client is looking for an Accounts Receivable Specialist to join their team. Please contact us today to discuss this role!
Job Responsibilities:
- Apply daily customer payments accurately using lockbox, ACH, wire, and check payments, ensuring timely posting to customer accounts
- Research and resolve unapplied cash and payment discrepancies to maintain clean AR aging
- Manage full-cycle collections for assigned accounts, including proactive outreach via phone and email to secure timely payment
- Analyze aging reports to identify past-due balances, payment trends, and high-risk accounts
- Investigate, track, and resolve customer deductions, short pays, chargebacks, and credits in coordination with Sales, Customer Service, and Pricing teams
- Prepare and maintain detailed documentation to support deduction resolution and dispute management
- Reconcile customer accounts, statements, and payment history to ensure accuracy
- Place accounts on credit hold when necessary and assist with release upon resolution
- Maintain compliance with company credit policies and internal controls
- Generate AR reports and metrics for management using Excel and ERP systems (SAP, Oracle, NetSuite, or similar)
Requirements:
- 3-5 years of experience in an Accounts Receivable Specialist Role
- Strong understanding of Cash Applications, Deductions, and Collections
- Excellent communication, negotiation, and customer service skills
- Strong knowledge of Microsoft Excel and other Microsoft Office applications
Why choose Addison Finance and Accounting?
- Pay: We negotiate high salaries using U.S. Bureau of Labor Statistics
- Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses
- Permanent Employment: Many of Addison’s job openings lead to potential permanent employment
- Connections: You connect directly with hiring managers from renowned organizations
- Options: You are presented multiple employment options near your home
- Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
IND 002-004
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