Electric Power Research Institute
Analyst, Accounts Receivable III
Electric Power Research Institute, Charlotte, North Carolina, United States, 28245
Description
Responsible for executing and supervising the cash-inflow activities for the organization. Contributes to the accuracy of EPRI’s financial statements by ensuring the accuracy of the AR Transactions in their assigned responsibility area. Serve as a conduit to identify issues that result in payment delays and / or disputes with customers. Summarize information and communicate to appropriate internal teams to resolve issues in a timely manner. Analyze and validate contract billings to customers to ensure accurate invoicing in accordance with customer’s contract with EPRI.
Key Responsibilities :
Responsible for daily accounting transactions in support of the receivables process
Read and review all executed contracts and establish billing plans based on contractual terms to ensure accurate and on time billings for Membership, Supplemental and Service agreements
Review and validate orders against the contract to ensure accuracy. Communicate directly with Contract Negotiators to resolve discrepancies
Review, process and post daily cash account activity including lockbox, ACH and wires (incoming and outgoing) to the appropriate general ledger customer account and invoices
Analyze deductions and credits in customer accounts, identifying items to clear, items that require follow-up with customer, and any items requiring potential write-off or further action
Interface with bank, cross functional departments to resolve any order discrepancies, payment or returned check issues. Provide guidance to cross functional teams where needed to ensure smooth resolution process
Review weekly aging report and contact customers to collect past due amounts beginning when invoices are 15 days past due. Identify reasons for non-payment and develop action plans to resolve; work with Account Executives, project managers and others as appropriate to resolve issues
Escalate unresolved issues appropriately, following through to final resolution.
Assist junior staff in identifying and resolving issues and communicate issues for corrective action to be taken as needed
Continuously work to improve A / R processes, identify technology or quality improvements to streamline tasks
Professionally manage all incoming calls and emails from customers including returning the calls and expediting requests in a timely manner
Maintain and update internal control documentation as needed
Reconcile General Ledger accounts as assigned
Support periodic internal and external audits of the receivables process
Provide ongoing training to new and junior staff
May participate and / or lead projects related to the receivables process
Participate in ERP system enhancements and testing as needed or requested
Other duties as assigned
Education and Experience :
Require Bachelor's degree in Accounting or Finance
Require 6 years’ related experience
Skills and Attributes :
Strong interpersonal skills for interacting with customers, account executives and external business leaders
Strong general analytical skills and experience with ERP System as well as MS Excel, Word and Power Point
Exceptional organizational skills to independently balance and prioritize work
Business judgment, self-motivation and problem-solving skills
Ability to identify root cause and resolve roadblocks
The salary range for this position is $85,000 USD to $95,000 USD annually.
This salary range is an estimate, and the actual salary may vary based on various factors, including without limitation applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.
This role is eligible to participate in EPRI’s annual incentive program. The amount of incentive varies and is subject to the terms and conditions of the plan.
This role is eligible to participate in EPRI’s standard employee benefit programs, which currently include the following : medical, dental, vision, 401k, STD / LTD and paid family leave, life and accident insurance, paid time off (flexible vacation, sick leave, and holiday pay).
EPRI participates in E-Verify, an online system operated jointly by the Department of Homeland Security and the Social Security Administration (SSA). EPRI uses the system to check the work status of new hires by comparing information from the employee's I-9 form against SSA and Department of Homeland Security databases.
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Key Responsibilities :
Responsible for daily accounting transactions in support of the receivables process
Read and review all executed contracts and establish billing plans based on contractual terms to ensure accurate and on time billings for Membership, Supplemental and Service agreements
Review and validate orders against the contract to ensure accuracy. Communicate directly with Contract Negotiators to resolve discrepancies
Review, process and post daily cash account activity including lockbox, ACH and wires (incoming and outgoing) to the appropriate general ledger customer account and invoices
Analyze deductions and credits in customer accounts, identifying items to clear, items that require follow-up with customer, and any items requiring potential write-off or further action
Interface with bank, cross functional departments to resolve any order discrepancies, payment or returned check issues. Provide guidance to cross functional teams where needed to ensure smooth resolution process
Review weekly aging report and contact customers to collect past due amounts beginning when invoices are 15 days past due. Identify reasons for non-payment and develop action plans to resolve; work with Account Executives, project managers and others as appropriate to resolve issues
Escalate unresolved issues appropriately, following through to final resolution.
Assist junior staff in identifying and resolving issues and communicate issues for corrective action to be taken as needed
Continuously work to improve A / R processes, identify technology or quality improvements to streamline tasks
Professionally manage all incoming calls and emails from customers including returning the calls and expediting requests in a timely manner
Maintain and update internal control documentation as needed
Reconcile General Ledger accounts as assigned
Support periodic internal and external audits of the receivables process
Provide ongoing training to new and junior staff
May participate and / or lead projects related to the receivables process
Participate in ERP system enhancements and testing as needed or requested
Other duties as assigned
Education and Experience :
Require Bachelor's degree in Accounting or Finance
Require 6 years’ related experience
Skills and Attributes :
Strong interpersonal skills for interacting with customers, account executives and external business leaders
Strong general analytical skills and experience with ERP System as well as MS Excel, Word and Power Point
Exceptional organizational skills to independently balance and prioritize work
Business judgment, self-motivation and problem-solving skills
Ability to identify root cause and resolve roadblocks
The salary range for this position is $85,000 USD to $95,000 USD annually.
This salary range is an estimate, and the actual salary may vary based on various factors, including without limitation applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.
This role is eligible to participate in EPRI’s annual incentive program. The amount of incentive varies and is subject to the terms and conditions of the plan.
This role is eligible to participate in EPRI’s standard employee benefit programs, which currently include the following : medical, dental, vision, 401k, STD / LTD and paid family leave, life and accident insurance, paid time off (flexible vacation, sick leave, and holiday pay).
EPRI participates in E-Verify, an online system operated jointly by the Department of Homeland Security and the Social Security Administration (SSA). EPRI uses the system to check the work status of new hires by comparing information from the employee's I-9 form against SSA and Department of Homeland Security databases.
#J-18808-Ljbffr