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Accounts Receivable Specialist

Launch Potato is a digital media company looking for an Accounts Receivable Specialist with at least 2 years of experience in collections. The role focuses on improving the accounts receivable process.

Skills

  • Proficiency in QuickBooks Online
  • Advanced Excel skills
  • Strong interpersonal communication

Responsibilities

  • Prepare monthly invoicing reconciliation reports.
  • Process monthly invoices.
  • Accurately apply customer payments to ERP system.
  • Reduce delinquent DSO by 15%.
  • Resolve customer disputes.

Education

  • Associate’s degree in Accounting or related field

Benefits

  • Base salary and profit-sharing bonus
  • Competitive benefits package
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$65000 / YEARLY (est.)
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$60000K
$70000K

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What You Should Know About Accounts Receivable Specialist , Launch Potato

Join Launch Potato as an Accounts Receivable Specialist and be an integral part of our energetic team in Baltimore, MD, working remotely! At Launch Potato, we pride ourselves on our ability to connect advertisers with customers across their entire journey—from awareness to purchase. Our thriving, entrepreneurial culture is powered by a diverse international team, and we are always on the lookout for like-minded individuals to join us. In this role, you’ll leverage your 2+ years of accounts receivable experience to manage collections and streamline invoicing processes. Your financial expertise will shine as you prepare accurate monthly reconciliation reports, process timely invoices, and apply customer payments. This role isn’t just about crunching numbers; it’s about building strong relationships with clients by resolving disputes efficiently and effectively reducing outstanding balances. You’ll play a key role in achieving a 15% reduction in delinquent DSO within your first six months! If you’re detail-oriented and enjoy problem-solving in a dynamic environment, we want to hear from you! Competitive base salary ranges from $60,000 to $70,000 annually, complemented by profit-sharing bonuses and a solid benefits package. Your next great adventure is just a click away!

Frequently Asked Questions (FAQs) for Accounts Receivable Specialist Role at Launch Potato
What are the responsibilities of an Accounts Receivable Specialist at Launch Potato?

As an Accounts Receivable Specialist at Launch Potato, your primary responsibilities will include managing collections, ensuring timely invoicing, preparing monthly reconciliation reports, and resolving customer disputes. You'll also maintain clear communication with clients and collaborate with sales and management to support the collections process effectively.

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What qualifications do I need to become an Accounts Receivable Specialist at Launch Potato?

To qualify for the Accounts Receivable Specialist position at Launch Potato, you should have at least two years of professional accounts receivable experience, a relevant Associate’s degree in Accounting or a related field, and proficiency in QuickBooks Online and advanced Excel functions. Strong analytical problem-solving skills and excellent communication abilities are also essential.

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How does the Accounts Receivable process function at Launch Potato?

The Accounts Receivable process at Launch Potato involves timely invoicing for assigned accounts, accurate application of customer payments, and the implementation of systematic follow-up procedures for collections. The aim is to maintain a high level of accuracy and efficiency while reducing outstanding balances and fostering positive client relationships.

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What tools are essential for an Accounts Receivable Specialist at Launch Potato?

An Accounts Receivable Specialist at Launch Potato should be familiar with various technical tools, including QuickBooks Online for managing financial records, advanced Excel for data analysis, GSuite for communication and collaboration, and task management tools like Asana and Slack to streamline workflow.

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What career advancement opportunities exist for Accounts Receivable Specialists at Launch Potato?

At Launch Potato, career advancement is based on performance and contribution rather than merely on tenure. As an Accounts Receivable Specialist, your opportunities for growth include moving into managerial roles or specializing in areas like financial analysis or collections management, especially as your experience and skills develop.

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Common Interview Questions for Accounts Receivable Specialist
Can you describe your experience with accounts receivable?

Highlight specific roles where you've managed collections or invoicing. Be ready to discuss your familiarity with accounting software and any measurable impacts you've made in your previous positions, such as reducing DSO or resolving disputes.

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How do you prioritize tasks in a fast-paced environment?

Discuss the methods you use for task management, perhaps mentioning tools like Asana or strategies like the Eisenhower Matrix. Illustrate how prioritization has improved your efficiency in handling multiple responsibilities.

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What steps do you take to handle a customer dispute?

Share a specific example of a dispute you resolved, focusing on your research, communication with the client, and how you validated charges before coming to a resolution. Show your proactive approach to maintaining client relationships.

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How comfortable are you with financial data analysis?

Explain your experience with financial reporting and data analysis tools such as Excel and QuickBooks Online. Provide examples of how you have utilized data to inform collections strategies or drive improvements in invoicing accuracy.

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What is your approach to improving collections processes?

Outline a systematic approach you would take to improve collections, such as implementing reminders for overdue accounts, regular reviews of accounts, and collaboration with sales teams. Emphasize any previous successes in similar scenarios.

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How do you ensure accuracy in your invoicing?

Discuss the steps you take to double-check and validate information before sending invoices, including reconciling against contracts and closely reviewing client-specific instructions to avoid discrepancies.

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How do you stay organized while managing multiple client accounts?

Share your organizational tactics, such as using project management tools, detailed checklists, and setting reminders. Mention how these help you keep track of important deadlines and client-specific requirements.

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Describe a time when you had to communicate difficult news to a client.

Provide an example where you effectively communicated a sensitive issue, whether it was regarding overdue invoices or payment issues, emphasizing your communication style and how you maintained professionalism while showcasing your commitment to resolving the situation.

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What financial software are you proficient in?

List your experience with financial software relevant to accounts receivable, specifically highlighting QuickBooks Online and Excel. Mention any other software you are familiar with, illustrating how you have utilized them in your previous roles.

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Why do you want to work at Launch Potato?

Express your enthusiasm for Launch Potato’s culture, its focus on innovative digital marketing solutions, and your alignment with its mission. Talk about what excites you about joining their team and how you can contribute to their continued success.

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We are The DISCOVERY and CONVERSION Company. Founded in 2014 with no external investment, Launch Potato has grown into a leading connector of advertisers to qualified customers. 3x Fortune Best Place to Work, 3x Inc. Best Place to Work & 4x Inc....

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$60,000/yr - $70,000/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
January 10, 2025

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