Accounts Receivable Associate

  • Accounting & Finance
  • Washington, United States

Accounts Receivable Associate

Job description

Great Minds, a rapidly growing DC-based organization developing world-class curricula for Grades PK–12, is seeking an Accounts Receivable Associate to join our mission-driven team of professionals. 


Company Profile 

At Great Minds, we believe every child is capable of greatness. Our mission is to ensure all students have access to a quality education in the full range of the liberal arts and sciences.


In 2010, Great Minds published the Common Core Curriculum Maps for English Language Arts. This success was followed by being awarded three contracts to develop a PK–12 math curriculum for the New York State Education Department. Great Minds owns this curriculum, which is now widely used throughout the United States and known as Eureka Math.    


The Great Minds business model has moved from grant and contract solicitation to direct revenue generation over the last three years. This model shift has produced consistent 20+% revenue growth year over year, in large part due to the success of Eureka Math. Great Minds’ recent release of Wit & Wisdom, their K–8 ELA curriculum, has already gained early adoption in the marketplace. With the imminent publication of core curricula in additional subjects, the company’s business model continues to evolve to sustain its steady and rapid growth. 


Great Minds presently employs more than 300 people.


For additional information, please visit


Job Description

The AR Associate, a position that reports to the Accounting Manager, will utilize their prior hands-on accounting experience and will have an in-depth understanding of accounting principles. 


This position will be responsible for the billing of customers, the collection and application of cash receipts, the follow-up on any discrepancies or customer concerns, assisting the Accounting Manager with monthly close, and generating relevant reports such as the AR aging.  




  • Generates customer statements and accounting reports
  • Researches cash receipts, coding and posting of receipts
  • Converts, prepares, reviews and delivers invoices to customers in a timely manner
  • Involved in the collection process
  • Establish Accounts Receivable monthly, quarterly and annual metric Track and manage Days Sales Outstanding (DSO)
  • Work to improve collection efficiency
  • Manage Average Days Delinquent (ADD) and work to improve the collection process
  • Assist in projecting cash receipts
  • Documenting and monitoring internal controls in support of accounting team
  • Coordinating more complex accounting projects and initiatives with other members of the accounting and finance team or with other departments
  • Utilizes computerized Microsoft software programs (Excel, Outlook, and Word) to perform duties and responsibilities.
  • Collaborate with other Great Minds department to resolve issues, questions about charges, credits and Purchase Orders


Required Qualifications

  • At least 2-5 years of experience in for G/L entries, customer invoicing, cash receipts applications, collections and customer statement generation.
  • 4-year degree majoring in Accounting.
  • Basic knowledge of generally accepted accounting principles (GAAP).
  • Current work experience with financial and accounting systems (Intacct or similar applications).
  • Strong attention to detail, proficient at establishing priorities and meeting deadlines
  • Capability to work in fast-paced environment, with demonstrated ability to juggle multiple competing tasks and demands.
  • High level of interpersonal skills to handle sensitive and confidential situations.
  • Ability to work in a positive and cooperative manner with fellow team members.
  • Professional, punctual, dependable, reliable, with a desire to learn.
  • Strong Communication and collections skills as well as a good team player


  • Full-time, Exempt Based in Washington DC near the Navy Yard Metro.
  • Salary based on experience
  • If selected for an interview, a salary history and background check will be required.


Please apply on our Careers page: If selected for an interview, a salary history and background check will be required.