Lead Specialist, Acc Receivabl
About this role
Lead Accounts Receivable Specialist.
The Lead AR Specialist will oversee accounts receivable operations in a fast-paced environment. The Lead AR Specialist is responsible for invoicing cash applications, collections, credit monitoring, dispute resolution, and customer account management. The Lead AR Specialist provides leadership and operational ownership, ensures strong internal controls, identifies gaps and supports timely and accurate cash collection while maintaining positive and professional customer relationships. The Lead AR Specialist will report to the Finance Manager. The Lead AR Specialist leads the AR team.
What you will be responsible for:
- Ensure invoices are issued accurately and timely in accordance with contract terms and company policies.
- Review monthly AR reconciliations ensuring balances are accurate. Verify unapplied cash and payment discrepancies are researched and resolved.
- Own the collections process including prioritization of past due accounts. Monitor collection strategies and follow up cadence. Partner with customers to resolve payment delays and disputes.
- Support periodic review of customer credit limits and payment behavior as well as terms, monitor customer credit exposure and escalate risks as needed.
- Partner with sales, customer service, and operations to resolve issues impacting collections. Lead resolution of billing disputes and short paid invoices.
- Prepare month end close by ensuring AR activity is complete and accurate, reviewing AR aging, unapplied cash, and collection reports.
- Adhere to internal and external audit requests and maintain compliance and audit ready documentation.
What you will need to be successful in this role:
Education & Experience:
- High School Diploma or GED equivalent. Some college or equivalent years of experience is preferred.
- Three to Five years of related experience and or training.
- Aviation industry experience highly favored.
- Strong understanding of credit risk, cash application, and AR controls.
- Must have excellent written and oral communication skills, comprehending, reading and writing the English language is mandatory.
The rewards of your career at AAR go far beyond just your salary: - Competitive salary and bonus package - Comprehensive benefits package including medical, dental, and vision coverage. - 401(k) retirement plan with company match - Generous paid time off program - Professional development and career advancement opportunities
Physical Demands Work Environment:
The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be regularly required to sit, stand, bend, reach and move about the facility. The environmental characteristic for this position is an office setting. Candidates should be able to adapt to a traditional business environment. AAR provides accommodation in accordance with applicable laws through all stages of the hiring process. If you require accommodation for any part of the application and or hiring process, please advise Human Resources.
Company at a glance
AAR is a $2.8B global aerospace and defense aftermarket solutions company with operations in 20+ countries. For over 70 years, we have served as a trusted partner to commercial and government customers worldwide, providing parts, repair, and software solutions. Our talented workforce of 8,000 team members prioritizes Doing it right. Nonstop.™ for one another, our customers, the industry, and the communities where we operate.
We are honored to have received recognition within the industry and as an employer, including:
- Great Place To Work® Certification™
- Military Friendly®: Gold Employer; Spouse Employer
- Top Shop 145: Best Total Solutions Provider Repair
Top Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- 401(k) retirement plan
- Company match
- Paid time off
- Professional development
- Career advancement opportunities
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