Staff Accountant - Accounts Receivable - Hybrid - IDEAL INDUSTRIES

Overview

ANDERSON POWER PRODUCTS®, a wholly owned subsidiary of IDEAL INDUSTRIES, Inc., is an industry leader in the design and manufacture of electrical power connectors. Anderson Power Products partners with leading edge companies to create innovative connector designs that leverage contact technology and high power expertise to provide superior value to the power electronics industry. Applications include leading edge technology and next generation power requirements in industries such as alternate energy (wind, solar, fuel cell), datacenter and server power supply design and electrical distribution, electric vehicles, LED lighting, and battery charging.

As a Staff Accountant specializing in Accounts Receivables, your primary responsibility will be to manage the accounts receivable function of the organization. You will play a crucial role in ensuring accurate recording, tracking, and collection of outstanding balances owed to the company.

Responsibilities

PRIMARY RESPONSIBILITIES:

• Generate invoices accurately and timely for goods or services rendered to clients/customers.
• Keep track of outstanding balances, aging reports, and customer payment histories.
• Proactively follow up with customers to ensure timely payment of outstanding invoices.
• Communicate effectively with customers via phone, email, or other communication channels to resolve payment discrepancies or disputes.
• Apply incoming payments accurately to corresponding customer accounts in the accounting system.
• Full cycle Accounts Receivable – account analysis, international currencies
• Assess creditworthiness of new and existing customers. Set appropriate credit limits and terms in coordination with the Assistant Controller.
• Monitor customer accounts for credit risks and take necessary actions to mitigate losses.
• Prepare regular reports on accounts receivable aging, collection activities, and cash flow projections.
• Provide insights and analysis to management regarding trends, potential bad debts, and opportunities for improvement.
• Month-end close journal entries and reconciliations.
• Ensure compliance with company policies, accounting standards, and regulatory requirements related to accounts receivable management.
• Implement best practices and automation tools where applicable to enhance accuracy and productivity.

Qualifications

QUALIFICATIONS:

• Bachelor's degree in Accounting, Finance, or related field.
• Proven experience 3+ years in accounts receivable or similar role.
• Proficiency in accounting software (e.g., QuickBooks, SAP) and Microsoft Excel.
• Strong understanding of accounting principles and practices.
• Excellent communication and interpersonal skills.
• Detail-oriented with a focus on accuracy and reconciliation.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Analytical mindset with problem-solving capabilities.
• Experience with credit management and collections techniques is preferred.

IDEAL INDUSTRIES, INC./ANDERSON POWER PRODUCTS is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. We are proud to be an equal opportunity employer and we know that it is our people that truly separate us from the competition.  We offer competitive compensation and benefits including medical, dental and vision insurance, 401K and a Pension plan.  To learn more about us, visit us at www.idealindustries.com and www.andersonpower.com 

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