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Accounts Receivable Analyst

Innovance, Inc.

Albert Lea, MN

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JOB DETAILS
SALARY
$24–$30 Per Hour
SKILLS
Accounting Close, Accounts Receivable, Analysis Skills, Billing, Credit Cards, Customer Escalations, Customer Relations, Customer Support/Service, Data Entry, Develop and Maintain Customers, Finance, Manufacturing, Negotiation Skills, OEM (Original Equipment Manufacturer), Process Management, Product Positioning, Sales, Sales Tax, Time Management, Track Customer Issues
LOCATION
Albert Lea, MN
POSTED
1 day ago
Innovance, Inc. Innovance is the holding company for a family of five, 100% employee-owned, Minnesota-based manufacturing companies (Lou-Rich, ALMCO, Panels Plus, Mass Finishing, Jorgensen). Our mission is to lead, nurture, and grow a team of industrial manufacturing companies committed to making our OEM customers’ products better. Position Description: Responsible for all accounts receivable functions including data entry and posting of all cash receipts and billing, reports to management on the status of customer accounts, claim and returns authorizations, tracking of receivables, necessary filing and analysis. Setting up new, updating, and maintaining of all customer files. Ensure that all of the above-mentioned items are completed in an accurate, timely, and professional manner. Essential Functions: · Reconcile customer invoices and sales transactions, noting payments less discounts. · Record and post payments from checks, ACH, wire transfers, and credit cards. Ensure payments are applied correctly and resolve discrepancies between invoices, payments and bank statements. · Monitor accounts receivable aging, implement collection strategies, contact customers regarding overdue balances, negotiate payment plans, and escalate unresolved accounts to management. · Support month-end and year-end closing processes and provide management with financial insight. · Resolve customer disputes, maintain strong relationships with clients, and collaborate with sales, finance, and customer service teams to ensure accurate billing and timely payments. · Maintain accurate customer files in company management systems; keeping track of name changes, mergers, address changes, tax rate changes and mailing attention for all divisions and relaying this information to appropriate personnel. · Perform monthly, quarterly, and yearly sales tax payments. Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Compensation details: 24-30 Hourly Wage PIf7837ae23bcf-25448-410036015c143e31-5e48-4549-b638-05792d185386

About the Company

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Innovance, Inc.

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