Accounts Receivable Analyst
* Local Schaumburg candidates are highly encouraged to apply, for a flexible, hybrid schedule *
Many companies offer payroll and human capital management (HCM) solutions, but Paylocity takes technology to the next level. We’ve evolved beyond HCM to a next-generation employee experience platform. With uniquely designed solutions to help companies engage employees, we’ve changed how and where work gets done and created a personalized work environment. Join Paylocity as we continue to transform the future of technology!
We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it’s career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.
When you feel like you belong, work is no longer work – it's personal. At Paylocity, we believe better employees lead to better companies. Workplaces and cultures that care will build the future, and at Paylocity, we’re doing just that. Join us as we change the future and transform your career!
Accounts Receivable Analyst
Position Overview
This position is directly involved in all aspects of Accounts Receivable cycle. The ideal candidate will show a solid understanding of the order-to-cash lifecycle. As an AR Analyst, you’ll take charge of client accounts and maintain accounts receivable customer records. This position may also assist the accounting operations team in other month-end activities, cash accounts reconciliation and special projects as needed.
Primary Responsibilities
The below represents the primary duties of the position, others may be assigned as needed. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Lead collections efforts for all clients that are not on ACH terms, including accurate and timely correspondence with clients to ensure high collection rates and meet monthly internal collection metrics.
- Perform payment research, account reconciliations, any communications with cross-functional departments, if necessary, with the goal of resolving any client escalations. This may involve a detailed reconciliation of clients accounting data and apply cash funds to clients' invoices accurately
- Lead efforts in reconciling transactions and balances to support client accounts including of recommending write offs
- Perform monthly and quarterly analysis to ensure compliance with Sarbanes Oxley revenue key controls
- Aid the accounting ops team with research relevant to payment application, other accounting operations duties as assigned
- Respond timely to client inquiries via phone, email or written correspondences
- Drive a continuous improvement mindset through identifying automation opportunities, process improvements or improved reporting capabilities to support decision making across the organization
Education and Experience
- Bachelor’s degree in Finance or Accounting preferred
- 2-4 years of experience with cash application processes, receivable collections, exposure to a public company environment a plus
- Experience in collections, using billing technologies; NetSuite experience a plus. Microsoft Excel with an emphasis on VLOOKUP and Pivot Table functions required
- Demonstrated ability to excel in a high growth environment; aptitude to develop processes beyond their current state
- Comfortable with high change environments and transformation/turnaround environments.
- Desire to be an active business partner
Paylocity is an equal-opportunity employer. Paylocity is committed to the full inclusion of all individuals. We recruit, train, compensate, and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. At Paylocity, we believe diversity makes us better.
We embrace and encourage our employees’ differences in age, culture, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion or spiritual belief, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique. We actively cultivate these differences through our employee resource groups (ERGs), employee experiences, perspectives, talents, and approaches to drive innovation in the software and services we provide our customers.
We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact accessibility@paylocity.com.
This role can be performed from any office in the US. The pay range for this position is $45,000 - $58,000/yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position offers a full range of benefits outlined here. This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed. Base pay information is based on market location. Applicants should apply via www.paylocity.com/careers