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The Fesco Group

Accounts Receivable Specialist

The Fesco Group, New York, New York, us, 10261

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Accounts Receivable Specialist The FESCO Group is looking for a finance professional who can manage and successfully execute the accounts receivable (AR) function within an electronics manufacturer, distributor, wholesaler, and licensing agent. This includes, but is not limited to, managing customer/client accounts, reconciling and settling AR relationships, researching, resolving, responding to, and communicating on all aspects of FESCO’s corporate accounts. The incumbent will drive operational efficiencies and proactively “own” all accounts receivable processes and related internal/external business relationships. The Accounts Receivable Specialist ensures that all corporate accounts (especially those with big‑box retailers) are properly reconciled, all revenue properly booked, billed, collected, and accounted for within the FESCO Group’s ERP system (Passport Business Solutions). This critically important role also ensures the effective and timely resolution of the “customer dispute process”. (FESCO is a consumer electronics manufacturer, wholesaler and distributor founded in 1962. We have 18 brands with over 3000 product SKUs in the areas of audio, charging, personal care, health & wellness, and gaming. Some of our brands include Car & Driver, Body Glove, ChargeWorx, Game Punk, Perry Ellis and Epilady. www.thefescogroup.com). This is a fully on-site role.

Primary Duties & Responsibilities:

Processing account receivables and incoming payments in compliance with financial policies & procedures

Performing day‑to‑day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables' data

Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted

Verify discrepancies and resolve clients’ billing issues

Investigate and dispute all “chargebacks”

Assist clients with payment discrepancies and resolutions

Facilitate payment of invoices due by sending bill reminders and contacting clients

Provide detailed history and input to assist with determination of what accounts should be placed on credit hold

Regularly collect outstanding customer balances, maintaining a clean accounts receivable aging report

Generate financial statements and reports detailing accounts receivable status

Generate and send daily & monthly invoices for completed orders

Reconcile and report daily transactional credit card activity

Reconcile month‑end revenue balances between the GL and subledger system

Maintain customer account information and set up new accounts and products as needed

Present monthly activities, trends, and opportunities for improvement to program managers

Create ad‑hoc reports for company management

Protect organization’s value by keeping information confidential

The duties and responsibilities described are not a comprehensive list and that additional tasks may be assigned to the employee from time to time; or the scope of the job may change as necessitated by business demands

Minimum Qualifications:

HS Degree required; BS degree in Accounting, Business or Finance STRONGLY preferred

3‑4 years of experience in an Accounts Receivable position within the consumer products (hard goods) industry

Microsoft Office suite experience with proficiency in Excel

Basic knowledge of accounting rules and procedures

Key Talent Attributes:

Proactive, career driven and highly motivated professional who wants to grow, develop, and achieve – greatly assisting the organization achieve its financial goals

An aggressive learner with excellent problem‑solving skills

Readily troubleshoots issues in an effective and resourceful manner

Personally accountable with great integrity

High degree of responsiveness and regularly employs great customer service

Team player

Excellent oral, written and interpersonal communication skills

Self‑motivated and willing to work independently

A strong comfort level handling collections calls and interacting directly with customers

Superior organizational and time‑management skills

Attention to detail

A proven ability to quickly learn internal systems, workflows, and technologies

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