Senior Accounts Receivable (AR) Specialist in East Hanover, NJ

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Job description

Position: Senior Accounts Receivable (AR) Specialist

Location: East Hanover, NJ USA 07936 (Onsite)

Job Description:

The Senior AR Specialist will be a part of the AR Collections Team in US O2C and will be responsible for account analysis, resolution and reconciliations related to invoices, deductions, credits and over payments.
Job Description:
Manage complex AR portfolios through collaboration with Customers, Customer Service, Sales/ Commercial team and other business areas for timely resolution.
Request timely payment from assigned portfolio of accounts on invoices.
Manage all matters related to deduction, invoice and credit management including but not limited to invoicing, customer calls on past dues, escalations, refunds.
Actively participate and prepare for meetings with internal stakeholders to ensure AR issues are reviewed and addressed.
Coordinate meetings with external Customers to ensure AR issues are reviewed and addressed.
Generate, review and track statuses in the Aging Report and Open Transactions reports to ensure all line items are addressed and closed within predefined timeframes.
Support the critical month-end financial close process and provide timely responses to all Revenue and GL Department inquiries.
Utilize advanced skills in Excel to accumulate, organize and report on AR trends, closing periods and customer summaries.
Participate in Continuous Improvement activities to improve daily processes.
Ensure relevant NFCM controls are met.
Additional tasks as designated by the AR Manager

Minimum Requirements:
Education:
Bachelor/Associates degree in accounting, finance, other relevant field or equivalent experience

Experience:
Knowledge of Accounts Receivable (exposure and expertise in collections, including deduction management.
Excellent research, problem solving and time management skills.
High level of accuracy, efficiency and accountability.
Demonstrated sense of urgency based on business demands.
Excellent customer service: written and verbal communication skills
Ability to build effective relationships with business partners.
Ability to work independently with minimal supervision.
Ability to work in a team environment.
Process Excellence and Continuous Improvement Mindset
Lean Six Sigma preferred.
SAP experience preferred.
Credit risk experience a plus.
Experience within the Pharmaceutical industry a plus.

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