An AR/AP Specialist manages invoices by verifying transactions and updating party ledgers. They ensure timely processing by regularly reconciling statements and maintaining accurate records.
Key Responsibilities Include
Document Preparation
Collects and organizes documents and relevant information for processing
Invoice Payment
Verifies transaction details, schedules payments, prepares disbursements, and secures payment authorization
Revenue Collection
Verifies transaction details, calculates charges and refunds, and prepares and sends invoices
Delinquent Accounts
Reminds customers of overdue payments and addresses issues with insufficient payments
Financial Reporting
Gathers, analyzes, and summarizes account information and trends to prepare financial reports.
Ledger Maintenance
Posts transactions to accounting ledgers and ensures accuracy.
Account Reconciliation
Reconciles statements and transactions to verify account accuracy.
Discrepancy Resolution
Investigates and resolves account discrepancies, issues stop payments, and makes adjustments as needed
Financial Security
Adheres to internal accounting controls to maintain financial security
Data Backup
Completes database backups to protect financial information
Historical Records
Files accounting documents to maintain historical financial records
Team Contribution
Supports team efforts by achieving related tasks as required.
With NETBOUNCE GLOBAL, your data management and entry are executed with the highest level of professionalism and innovation, allowing you to focus on your core business objectives