Accounts Receivable Specialist en Midas Chain Inc

The Company

Midas Chain, known as the premier jewelry manufacturer in the U.S. and worldwide, sells exclusively to the jewelry trade. Midas began as a family business 40 years ago, with expert craftsmanship marked as the company’s keystone. Our jewelry quality is paired with our commitment to creating genuine client relationships uniquely tailored to each jeweler. We proudly work in collaboration with mom-and-pop shops, national retailers, and everyone in between. We offer a beautiful work environment, competitive salary and a comprehensive benefit package including, medical, dental, vision, LTD, Life, 401K Profit Sharing, PTO, Paid Sick Leave and company paid holidays.

Position Overview:

Position reports directly to CFO.  If you have a strong work ethic and want to work in for a company with an entrepreneurial-minded culture, this position may be for you. Midas Chain is seeking individuals who aren't afraid to roll up their sleeves and be an integral part of our team. The successful candidate will be able to micro focus on details, have strong relationship building and follow up skills, be able to manage multiple tasks.   Specific experience with cash application, remittances, chargeback resolution, collections, follow up and customer account reconciliation.  Strength in analyzing and reporting all related data is preferred as well as the ability to identify issues, be a problem solver and present solutions to the CFO.

General Responsibilities 

• The duties include working with Collections Specialist on calls and/or correspondence in a fast-paced, goal-oriented collections department.
• Providing customer service regarding account balances, credits, researching short payments and discrepancies.
• Responsible for monitoring and maintaining assigned accounts.
• Accountable for reducing delinquency for assigned accounts.
• Perform other assigned tasks and duties necessary to support the Accounting Department.
• Enlist the efforts of sales and senior management when necessary to accelerate the collection process.
• Must communicate & follow up effectively with sales department regarding customer accounts on a timely basis.

Key Responsibilities

• Close monitoring of company’s A/R aging report on a weekly basis to resolve open invoices and past due amounts.
• Updating invoices, maintaining customer records, running monthly statements.
• Reconciling credit card payments.
• Applying payments for key accounts.
• Tracking returns for key accounts and working with returns department to resolve discrepancies.
• Assist with month-end closings and bi-annual bank audits.

Required skills and qualifications include:

• Bachelor’s degree in Accounting or Finance
• Understanding of GAAP accounting principles
• MUST have a minimum 2 years of experience in A/R collections, cash application and chargebacks
• Strong working knowledge of Excel (including V-look up and pivot tables), Word and Outlook 
• Working knowledge of advanced accounting systems (Sage/Peachtree/Quick books a plus)
• Excellent written and verbal communication skills