Accounts Receivable Specialist
Starco Brands (OTCQB: STCB) invents consumer products with behavior-changing technologies that spark excitement in the everyday. A modern-day invention factory to its core, Starco Brands identifies whitespaces across consumer product categories. It draws upon a portfolio of innovative formulas spanning 8 product categories with limitless innovation potential.
The Accounts Receivable Specialist will be responsible for supporting the AR function with a focus on Retail B2B transactions (including but not limited to deductions, chargebacks etc.), ensuring timely and accurate invoicing, payment collection, and reconciliation of customer accounts. This role plays a critical part in maintaining strong relationships with retail partners and ensuring cash flow efficiency.
Key Responsibilities
- Generate and issue invoices to B2B retail customers and distributors, ensuring accuracy in pricing, terms, and compliance with contractual agreements.
- Monitor outstanding balances and follow up on past-due accounts to ensure timely collections.
- Reconcile customer payments, deductions, and chargebacks, identifying and resolving discrepancies.
- Maintain and update AR records in the accounting system, ensuring proper documentation of transactions.
- Collaborate with Sales, Customer Service, and Finance teams to resolve invoicing issues and support customer account management.
- Process credit memos, adjustments, and refunds in accordance with company policies.
- Prepare AR aging reports and assist in month-end closing activities.
- Assist with audits by providing necessary documentation and reports.
Qualifications
- 2+ years of experience in Accounts Receivable, Billing, or Collections, preferably in a CPG or retail-focused environment.
- Strong knowledge of Retail B2B transactions, including chargebacks, deductions, and trade promotions.
- Proficiency in ERP/accounting software (e.g., NetSuite) a plus.
- Excellent communication and interpersonal skills for managing customer relationships.