Sr. Accounts Receivable Accountant
Location:
VA - Virginia Beach
Apply nowGeneral Description: The Corp AC Sr Staff Acct A/R is responsible for accounts receivable duties and takes a leadership role in the department through training and acting as an expert resource for other department team members.
Responsibilities:
* Act as a knowledge expert for AR and CR functions for AR staff accountants and field team members
* Work with Carrier Payables team to resolve outstanding issues related to billing and collections.
* Hold periodic meetings with assigned RCFO to discuss progress and issues related to meeting bad debt reserve goals
* Review Aged Receivable report on a weekly basis for past due accounts. Work with the Producer and Account Manager to collect past due balance.
o Prepare account reconciliation upon request for account manager, producer, or client.
o Discuss past due items with clients and arrange payment terms.
o Track unpaid audits and ensure resolution within corporate standards
o NSF Charge back resolution
* Prepare Dunning letter-Notice of Intent to Cancel for all accounts with past due balances.
* Initiate cancellations for accounts that have past due balances beyond 45 days.
* Forward delinquent accounts to collection firm or attorney, and track progress.
* Manager Producer Charge backs for unpaid receivable items.
* Assist with the preparation of Quarterly Bad Debt Reserve calculation
* Act as a knowledge expert for AR and CR functions for AR staff accountants and field team members
* Work with Carrier Payables team to resolve outstanding issues related to billing and collections.
* Hold periodic meetings with assigned RCFO to discuss progress and issues related to meeting bad debt reserve goals
* Review Aged Receivable report on a weekly basis for past due accounts. Work with the Producer and Account Manager to collect past due balance.
o Prepare account reconciliation upon request for account manager, producer, or client.
o Discuss past due items with clients and arrange payment terms.
o Track unpaid audits and ensure resolution within corporate standards
o NSF Charge back resolution
* Prepare Dunning letter-Notice of Intent to Cancel for all accounts with past due balances.
* Initiate cancellations for accounts that have past due balances beyond 45 days.
* Forward delinquent accounts to collection firm or attorney, and track progress.
* Manager Producer Charge backs for unpaid receivable items.
* Assist with the preparation of Quarterly Bad Debt Reserve calculation
Knowledge, Skills and Abilities:
* 4 or more years of progressive experience working in an A/R department with account reconciliation experience required; AS/BA/BS a plus
* 4 or more years of experience working in a commercial collection capacity
* Insurance Industry Experience is a plus
* Strong work ethic with a defined sense of urgency
* Organized self-starter that works well in a team environment
* Strong attention to detail and retention of pertinent information
* MS Office and Excel proficiency required
* Knowledge of general accounting
* Accurate and Fast Data Entry
* 4 or more years of progressive experience working in an A/R department with account reconciliation experience required; AS/BA/BS a plus
* 4 or more years of experience working in a commercial collection capacity
* Insurance Industry Experience is a plus
* Strong work ethic with a defined sense of urgency
* Organized self-starter that works well in a team environment
* Strong attention to detail and retention of pertinent information
* MS Office and Excel proficiency required
* Knowledge of general accounting
* Accurate and Fast Data Entry
*LI-GR1
"GLDR"
"GLDR"
Job ID:
22936