Accounting Specialist - Accounts Receivable in Virginia

LTS is on the lookout for a diligent and detail-oriented Junior Accounts Receivable Specialist to join our finance team. In this entry-level role, you will play a crucial part in ensuring the timely and accurate collection of payments from our customers. As a key player in our accounts receivable process, you will be responsible for managing customer invoices, tracking payment status, and following up on outstanding balances. Your keen attention to detail and organizational skills will be vital in ensuring that all financial records are maintained accurately and up to date. You will also have the opportunity to work closely with various departments to resolve payment issues and support our overall financial stability. If you are eager to learn and grow within the finance sector, this position offers an excellent opportunity to kickstart your career in accounts receivable while contributing to the success of LTS.

Responsibilities

• Prepare and send out customer...

The Accounting Specialist – Accounts Receivable will be an integral part of the Finance and the Contract Management team. He/she will hold primary responsibility for the Accounts Receivable process. Additionally, he/she will play an important role supporting the Project Managers with contract lifecycle and payment collections. He/she will support the Controller and the CFO with financial reports, project setups, and investigating and resolving discrepancies.

Responsibilities

• Review contracts for accounting-specific requirements and set up new project codes, sales orders, modifications and project labor codes for employee timesheets according to the contract terms.
• Manage the contracts accounts receivable process, ensuring accurate and timely invoicing for all contracts.
• Prepare and submit Invoices.
• Post all invoices in the Deltek Costpoint accounting system.
• Track contract revenue by region (state, county, city).
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Job Title: Accounts Receivable Specialist

Company: IPConfigure

Department: Finance

Location: Norfolk, VA

Summary:

IPConfigure is seeking an experienced and detail-oriented individual to join our finance team as an Accounts Receivable Specialist. In this role, you will oversee the accounts receivable operations, manage customer billing and collections, and ensure accurate and timely processing of payments.

Responsibilities:

• Manage the accounts receivable process, including invoicing, payment application, and collections.
• Ensure that all revenue recognition is in accordance with ASC 606 guidelines.
• Develop and implement policies and procedures to improve the efficiency and accuracy of AR processes.
• Assist with month-end close process, including account reconciliations.
• Collaborate with...