Position Information

Accounts Receivable Specialist
The Accounts Receivable Specialist is responsible for entering schedules, posting payments, and making related entries into The Bank’s factoring system and into The Bank’s accounting system. Additionally, this position will make collection calls on past due invoices prepare client advances, and interface with the bank’s client and account debtors as needed.
As needed, the Accounts Receivable Specialist will assist the Specialty Finance group and its customers with: opening new customer accounts, maintaining and monitoring customer accounts, prepare draw request and initiate wire transfers for customers, run credit reports and request background investigations on customers and prospective customers. 
Position: Accounts Receivable Specialist
Organization: American Bank, N.A.
Location: Dallas,  TX 
United States
Salary: 45,000.00
Posting Start Date:
Date Posted: 2/27/2024
Requirements Title:                            AR Specialist
Location:                      Corporate Office
Department:                 Factoring – Specialty Finance
Reports To:                  Factoring Manager
Supervisory Responsibility:  No
FLSA Status:                Non-Exempt
Full Time/Part Time:    Full Time         
 
 
Responsibilities and Duties:
Essential Job Function/Responsibility:
  • Verify the accuracy and the receipt of the required documents on Assignment Schedules from Clients
  • Verify selected invoices per the Client Instructions and enter into factoring software
  • Post payments to factoring software and deposit into the appropriate bank account
  • Prepare Client advance sheets
  • Call on assigned past due accounts
  • Update and maintain Client Files
  • Make entries in the factoring software tracking system
  • Responds to/resolves Client and Account debtor questions and problems while delivering excellent customer service
  • Attention to regulatory requirements and compliance training applicable to position (Bank Secrecy Act, Customer Information Privacy, etc.)
  • Assist in the daily close out
  • Prepare and maintain various reports
  • Send statements to outstanding customers
  • Collaborate with teammates for timely completion of tasks
Enhanced Job Functions:
  • Open New accounts for Specialty Finance group customers
  • Monitor Specialty Finance group customer accounts for daily overdrafts and documentation
  • Prepare and execute draw requests for Specialty Finance group customers
  • Initiate wire transfers for Specialty Finance group customers
  • Run credit reports on Specialty Finance group customers and prospective customers; Conduct account research and analysis
  • Request background checks on Specialty Finance group customers and prospective customers
  • Identify, recommend and execute the necessary process adjustments as directed
  • Reconcile A/R to the G/L
Job Skills and Qualifications:
  • Knowledge of general bookkeeping practices and principles
  • Knowledge of customer service principles and practices
  • Knowledge of computers and relevant software applications, primarily Microsoft Office Products and Outlook
  • Excellent verbal and written communication skills
Preferred: (High School, College, Master’s Degree, certifications or license)
  • High school graduate
  • Similar or Related Experience not required but helpful

Work environment and Physical demands:
The employee will occasionally lift and/or move up to 25 pounds.  The employee is often required to sit and use their hands and fingers to handle work equipment and materials. The employee will occasionally stand; walk; reach with hands and arms; climb and balance; and stoop, kneel, crouch, or crawl.  Special vision requirements include computer environments, close, distant, and peripheral vision; depth perception; and the ability to adjust focus.  The noise level in the work environment is usually moderate. The work environment and physical demands are those of a standard office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Disclaimer
This job description is not an inclusive list of all duties and responsibilities of the position.  Incumbents will be required to follow any other job- related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Bank reserves the right to amend and change responsibilities to meet business and organizational needs.
This document does not create an employment contract, implied or otherwise, other than an "at will" relationship.
Status: This listing expires on: 4/27/2024
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Organization Information
Name:
American Bank, N.A.
Address:
2707 W Northwest Highway

Dallas,  TX 75220
United States
Email:
acapps@abdallas.bank
Phone:
(469) 778-5418
Fax:
Contact:
Anne Capps

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