AR Specialist

Posted 8 Days Ago
Be an Early Applicant
Boston, MA, USA
Hybrid
60K-60K Annually
Senior level
Industrial
The Role
Manage full billing and collections cycle, including invoicing, payment posting, account reconciliation, dispute resolution, collections, AR reporting, month-end support, and process improvement to optimize cash flow.
Summary Generated by Built In

Socomec Group (Socomec) is a global leader in electrical equipment engineering and manufacturing, specialized in low voltage energy performance.
Socomec North America (NAM) is Socomec’s organization overseeing all operations in North America.


About This Role

The Accounts Receivable (AR) Specialist is responsible for managing the full billing and collections cycle to ensure timely and accurate receipt of payments. This role supports company cash flow through invoicing, customer account reconciliation, payment posting, and resolution of outstanding accounts.


Key Responsibilities And Accountabilities

  • Reconciling customer accounts and resolving discrepancies.
  • Investigating and resolving customer billing inquiries and disputes.
  • Following up on overdue customer accounts and managing collections. 
  • Generating customer invoices and statements.
  • Verifying accuracy of customer invoices and ensuring proper authorization.
  • Recording and coding customer payments in the accounting system.
  • Applying cash receipts to customer accounts accurately.
  • Investigate and resolve billing discrepancies and payments disputes in a timely manner.
  • Analyze collection trends and prepare reports on the status of AR and bad debt.
  • Partner with sales, customer service, and finance teams to align process and resolving issues impacting AR.
  • Provide financial data and reports to support decision making and forecasting. 
  • Support month end closing activities, including AR balance verification.
  • Identify inefficiencies and work with AR Manager to implement automated solutions to streamline AR operations based on group and industry best practices. 

Essential Qualifications, Experience, And Skills

  • 5+ years experience working within AR.
  • 3-5 years experience with any ERP system.
  • 3-5 years experience in implementing and driving process improvement.
  • 3 years experience working with operating spreadsheets and accounting software.
  • 3 years experience of customer service and negotiation.

Compensation: $60,000 USD.


Upon request, we will provide reasonable accommodation for disabilities to support participation of candidates in all aspects of the recruitment process. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex or national origin.

All applications are reviewed directly by the Socomec North America Talent Acquisition team and other human reviewers. No automated or AI‑based systems are used to make decisions in the application review process.

We thank all those who apply. However, only those candidates selected for an interview will be contacted.


#LIZDG


Skills Required

  • 5+ years experience working within AR
  • 3-5 years experience with any ERP system
  • 3-5 years experience in implementing and driving process improvement
  • 3 years experience working with operating spreadsheets and accounting software
  • 3 years experience of customer service and negotiation
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The Company
HQ: Benfeld
2,771 Employees
Year Founded: 1922

What We Do

Founded in 1922, SOCOMEC is an independent industrial group with a workforce of 4200 experts spread over 30 subsidiaries in the world. Our core business: the availability, control and safety of low voltage electrical networks serving our customers’ power performance. In 2023, SOCOMEC posted a turnover of 843M€.

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