Accounts Receivable Clerk

Description: Accounts Receivable Clerk
Accounts Receivable Clerk Job Duties:

• Posts customer payments by recording cash, checks, and credit card transactions.
• Posts revenues by verifying and entering transactions from lock box and local deposits.
• Updates receivables by totaling unpaid invoices.
• Verifies validity of account discrepancies by obtaining and investigating information from sales, department managers, and customers;
• Resolves valid or authorized deductions by entering adjusting entries.
• Resolves invalid or unauthorized deductions by following pending deductions procedures.
• Resolves collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department.
• Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report. Generates needed detail reporting by invoice by vendor for forecasting and collection efforts.