Responsibilities
- Process accounts payable transactions including invoice entry, expense coding, approval routing, and timely payment processing
- Process accounts receivable transactions including invoice creation, payment application, and tracking of outstanding balances
- Create any credit or debit memos related to warranty enrollments and accounting
- Managing communication regarding AP and AR functions with Department Leaders, Account Managers, Providers, and Vendors
- Monitor check lockbox daily and post cash receipts to appropriate billings
- Execute cash postings for bank accounts and ensure alignment with AR
- Monitor bank transactions throughout the month, identify unusual activity, and communicate discrepancies promptly
- Prepare and complete bank reconciliations, including matching bank statements to the general ledger, investigating discrepancies, and documenting variances
- Prepare journal entries associated with AP and AR functions with appropriate supporting documentation
- Review and resolve unapplied and unposted cash disbursements
- Ensure proper classification and amortization of deferred costs
- Maintain and update financial dashboards
- Participate in month-end close process with defined task ownership and adherence to close timelines
- Document all assigned processes and maintain SOPs; identify and communicate process gaps or improvements
- Provide backup coverage for other accounting functions as needed
Requirements
- A degree in accounting or a related field, as well as relevant work experience, is typically required for this role.
- A strong understanding of accounting principles and financial reporting standards.
- Excellent analytical and problem-solving skills, attention to detail, and the ability to communicate effectively with others.
Nice to Have
- Experience with accounting software and other financial management tools may be beneficial.
- Experience with bank reconciliations and cash management preferred
- Familiarity with deferred revenue or deferred cost accounting a plus
- Experience in insurance, warranty, or solar industry a plus but not required
