Athletico

Accounts Receivable Specialist

Job Locations US-IL-Oak Brook
Post Date 2 months ago(5/24/2024 12:50 PM)
Job Function
Corporate
Metropolitan Area
Oak Brook, IL
Employment Type
Full-Time
Requisition #
2024-42077
Zip Code
60523

Position Overview

Greater Purpose and Core Values:
Athletico’s Greater Purpose is to empower people, inspire hope and transform lives. We accomplish this by providing exceptional, progressive, and cost-effective fitness, performance and rehabilitative services through personalized care that emphasizes education and prevention of future injury. This is accomplished through building on our Core Values of one team, understanding our business, recognition, people-focused, accountability, continuous innovation and trust and integrity, which are the foundation for our unique culture.

 

Position Summary:  

The Accounts Receivable Specialist is responsible for maintaining Accounts Receivable (AR) ledgers for assigned client accounts including review and analysis of client agreements, creating accurate bills in accordance with contractual terms, review of revenue entries through variance analysis, posting of payments and reconciliation of AR subledger to General Ledger (GL) to identify and resolve discrepancies, as well as analysis, reporting, and follow up on aged outstanding balances.

 

Essential Duties and Responsibilities:

  • Analyzes client agreements for accurate billing, revenue recognition, and payment term application.
  • Manages billing process for non-patient clients such as Athletic Training, Onsite, and other miscellaneous services.
  • Analyzes billings and collections data using system-generated reports and performs timely, accurate, and complete account reviews and collections activities for assigned accounts.
  • Effectively utilizes and maintains the Client's information systems in the analysis and resolution of customer issues (client supplier management systems, internal ERP, expense reporting system, etc.).
  • Manages posting, recording, and issue resolution of payments promptly and accurately in the ERP system and promptly reconciles AR subledger to the general ledger.
  • Resolves past-due invoices and customer claims on a timely basis, including proactive identification of account issues.
  • Maintains and reconciles AR ledger and prepares reports on past-due accounts.
  • Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies.
  • Resolves billing issues, working with customers and internal stakeholders to resolve any discrepancies and disputes.
  • Participates in the annual audit process, including providing information for the assigned receivables PBC items.
  • Identifies trends and makes recommendations in development and improvement of processes and procedures around invoicing and accounts receivable management.

Qualifications

  • Education:
    • Bachelor’s degree required; accounting or finance degree preferred

  • Work Experience:
    • Minimum 2 years’ Accounts Receivable experience required; 3 years’ accounting experience preferred
    • Demonstrates experience and knowledge of ERP systems (Microsoft, SAGE, etc.)

  • Certification/Licensure:
    • None Required

  • Knowledge and Technical Skills:
    • Proficient in Microsoft 365 with expertise in Excel and Word
    • Solid understanding and knowledge of accounting principles
    • Strong organizational, analytical, and problem-solving skills
    • Strong attention to detail and accuracy
    • Excellent communication and customer service skills
    • Ability to work independently and as part of a team in a fast-paced environment.

  • Language Skills:
    • Ability to read, write and speak English proficiently

  • Physical Demands: 
  • Ability to fulfill office activities including, but not limited to, remain stationary for extended periods of time (i.e., while working at a desk), stoop/kneel/crouch, travel around the office, communicate with others (verbal and written), and use fine motor skills including fine hand manipulation and keyboarding.
  • Ability to see at close range, distance vision, peripheral vision, depth perception, and the ability to adjust focus

  • Work Environment: 
    • Consistent with a standard office environment, noise level is low with little to no extraordinary environmental factors.

Athletico provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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