Senior Accounts Receivable Specialist

Posted Yesterday
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Oak Brook, IL, USA
In-Office
60K-70K Annually
Senior level
Transportation
The Role
Manages accounts receivable ledgers, collections, reconciliations, disputes, delinquent balances, bad-debt analysis, and cash-flow improvement. Prepares monthly and quarterly reporting, monitors customer payment trends and credit risk, supports bank reconciliations and customer credit reviews, and establishes accounts payable vendors. Provides leadership and training to junior staff while maintaining AR performance targets such as current balances and Days Sales Outstanding.
Summary Generated by Built In

Recognized as one of the Best Places to Work in Chicago by Fortune Magazine and Great Place to Work, Sasser prides itself on supporting an employee-driven, opportunity-based culture that empowers, recognizes, and rewards its employees. From highly competitive benefits to exciting employee events to organic, grassroots philanthropy and volunteerism, Sasser is an awesome place to begin and grow your career. We are a transportation asset services and management company with roots dating to 1928. Sasser’s subsidiary units are leaders in providing commercial- and industrial-focused rail, automotive, and containerized shipping solutions, including asset leasing, fleet administration management, asset repair and maintenance, and innovative technology services.


Sasser family of companies includes subsidiaries Chicago Freight Car Leasing, CF Rail Services, Moventum Fleet Management, Express 4x4 Truck Rental, and Falcon Lease. To learn more about what makes Sasser special, visit www.sasser.com.


This role supports our Express 4x4 Truck Rental team. Established in 1993 and acquired by Sasser in 2013, we offer flexible and affordable, mid- to long-term  ½-ton, ¾-ton and 1-ton pick-up truck rentals for or clients, with a commitment to on-time delivery, anywhere in North America.

As a Senior Accounts Receivable Specialist, Here's What You'll Do:

The Senior Accounts Receivable (AR) Specialist is responsible for managing the collections for Express 4x4 Truck Rental through the Business Unit Accounts Receivable sub-ledger, reconciling and collecting delinquent balances, implementing processes to improve cash flow and reduce receivables, including Days Sales Outstanding (DSO), and monthly reporting.

Senior Accounts Receivable Specialist Role and Responsibilities:
  • Manages Business Unit Accounts Receivable ledgers for Rental Revenues and Customer Damage Claims.

  • Coordinates reconciliation of account balances with the General Ledger.

  • Monitors accounts receivable disputes and collections related to past-due items.

  • Assists in customer dispute administration when requested or where required.

  • Daily customer (Business-to-Business) contact for collection call purposes.

  • Proactively monitors accounts receivable balances to ensure timely payments.

  • Prepares monthly and quarterly ledger analysis for Accounts Receivable and Bad Debt.

  • Actively works to attain company accounts receivable quality targets for percent current, Days Sales Outstanding, and the overall improvement (reduction) of business ledger past due balances.

  • Monitors and reports to business unit management customer payment trends.

  • Attends Sales and Accounts Receivable monthly meetings.

  • Assists with monthly bank reconciliations.

  • Set up Accounts Payable vendors within the operating system.

  • Provides leadership and training to junior staff members.

  • Assist with new customer credit review and analysis.

  • Monitors customer financial health and reports to business unit management changes in customer risk exposure.

Qualifications and Education Requirements
  • High School diploma or GED required. Bachelor’s degree in accounting or related field, strongly preferred.

  • Minimum of 5 years of accounts receivable or collections experience required

  • Working knowledge of GAAP Principles

Skills
  • Accounting software experience, Intacct a plus

  • High level of competence with MS Office Suite products, especially Excel

  • Exceptional analytical and communication skills and aptitude required

  • Ability to communicate effectively at all levels within the corporation

  • Strong interpersonal skills

  • Ethical, tactful, and dependable

  • Values should be consistent with company values: Respect, Teamwork, Continuous Improvement, and Customer Focus

  • Problem Solving Skills

Location & Work Schedule

This position is based in Oak Brook, IL, and follows a hybrid schedule.

Compensation/Benefits

The hiring range for this role is: $60,000.00 to $70,000.00 USD Annual. This role is classified as nonexempt for purposes of all applicable wage and hour laws, which means that the individual hired will receive overtime pay for more than 40 hours worked in a workweek. This role is also eligible for an annual incentive bonus based on financial and personal performance throughout the plan year.

Sasser is committed to fair and equitable compensation practices. Pay ranges are assigned to a job based on market data according to 3rd party salary benchmarking surveys. Actual base salary is dependent upon factors such as knowledge, skill level, and experience.

This role is also eligible for benefits. Sasser employees enjoy a competitive benefits program that:

  • Includes comprehensive medical, dental, and vision insurance plans, including HSA and FSA accounts with employer contributions toward HSA

  • Includes a 100% Company-paid disability and life insurance plans

  • Includes a 401K plan with company match PLUS additional end-of-year funding

  • Provides paid vacation time (tiered based on tenure), as well as personal time, sick days and summer half days for certain roles

  • Provides 10 paid holidays annually

  • Provides paid parental leave for new parents, as well as a monetary gift towards a 529 education account

  • Provides a confidential Employee Assistance Program

  • Provides training and tuition reimbursement

  • Provides community service opportunities, charity match opportunities, employee recognition programs, and many celebrations!

#EX

The Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Skills Required

  • High school diploma or GED
  • Bachelor's degree in accounting or a related field
  • Minimum of 5 years of accounts receivable or collections experience
  • Working knowledge of GAAP principles
  • Accounting software experience
  • Intacct experience
  • High competence with Microsoft Office Suite, especially Excel
  • Exceptional analytical and communication skills
  • Strong interpersonal and problem-solving skills
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The Company
291 Employees
Year Founded: 1928

What We Do

Sasser, Inc. is a family of transportation businesses providing asset leasing, services, and management for commercial and industrial customers. Its subsidiaries deliver equipment solutions across rail, shipping, vehicles, and aviation, including leasing, fleet management, repair, maintenance, and technology services. The company aims to help people be efficient with the machines that move the world, while pursuing tailored solutions and continuous improvement.

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