Accounts Receivable Associate

COMPANY PROFILE

Great Minds, a mission driven Public Benefit Corporation, brings teachers and scholars together to craft exemplary instructional materials that inspire joy in teaching and learning. Our English curriculum, Wit & Wisdom®, Eureka Math™ and PhD Science™, all support teachers as they take students beyond rote learning to provide a deeper, more complete understanding of the humanities, mathematics, and the sciences. Founded in 2007, Great Minds now employs more than 1,000 people.

For additional information please visit: www.greatminds.org

OUR MARKET POSITION

Great Minds’ Eureka Math is the most widely used curriculum in the history of American education. It enjoys an unrivaled 40+ net promoter score. Eureka and its sister products, Wit & Wisdom English and PhD Science, embrace much higher expectations for all students and all teachers. In a market dominated by scripted, procedural materials that drive expectations down, Great Minds produces curricula that celebrate knowledge, respect the craft of teaching, and acknowledge the true capabilities of students.

Job Purpose

The Accounts Receivable 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.

Responsibilities

• Generates customer statements and accounting reports
• Research 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.

Requirements

• At least 2-5 years of experience in G/L entries, customer invoicing, cash receipts applications, collections and/or customer statement generation.
• Basic knowledge of generally accepted accounting principles (GAAP).
• Current work experience with financial and accounting systems (QuickBooks, NetSuite, Intacct or similar applications).

Qualifications

• Strong attention to detail, proficient at establishing priorities and meeting deadlines
• Capability to work in a 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.

Required Education

• High School Diploma or equivalent
  

Status

• Full-time
• Hybrid

Location

• Richmond, VA

The expected base salary range for this position is $41,000-$49,000, however the offered salary may be higher or lower than the above range dependent on numerous factors including, but not limited to location, work experience, skills and internal equity considerations.. The base salary is not inclusive of benefits or other incentives.

A cover letter and resume are required to be considered for this position.

New employees will be required to successfully complete a background check.

Any communication to applicants relating to the Great Minds hiring process will only come from email addresses with the domains greatminds.org or greatminds.recruitee.com. If in the course of the application or hiring process with Great Minds you are contacted through another domain, are requested to provide banking or other sensitive information, or you note any other suspicious activity, please contact security@greatminds.org

Great Minds is an equal opportunity employer. We will extend equal opportunity to all individuals without regard to race, religion, color, sex (including pregnancy, sexual orientation, and gender identity), national origin, disability, age, genetic information, or any other status protected under applicable federal, state, or local laws. Our policy reflects and affirms the organization’s commitment to the principles of fair employment and the elimination of all discriminatory practices.

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