AR Specialist

Company: Russell Tobin & Associates
Location: Minneapolis
Posted on: May 16, 2022

Job Description:

Our client, a leading public land-grant research university in the Twin Cities, is seeking a resourceful AR Specialist to add to their team in Minneapolis, MN! This role will begin with on-site training and have opportunity to hybrid consideration.The Cash Application Specialist is responsible for applying cash receipts for non-sponsored customers within the PeopleSoft Accounts Receivable module. - -Essential Duties and Responsibilities with % of time:15% - - - Apply cash, check (lockbox), EFT/Wire payments to non-sponsored customer accounts, journal non-AR payments to chartstrings. Research and apply complex on-account transactions that aren't automatically applied. - Correspond with bank to resolve lockbox deposit issues.35% - - - - Research unidentified payments with customers and departments, apply to customer accounts. -20% - - - - Research duplicate payments and overpayments to determine if refund is due customer, prepare refund detail.10% - - - - Perform reconciliations as assigned.10% - - - - Liaison and coordination with Sponsored Financial Reporting on related customer payments. - Liaison, coordination with, and training of University departments on cash application issues.10% - - - - Compliance matters, including the annual external audit; internal audit recommendations; and departmental compliance with accounting policies and procedures. - Special projects as assigned, including participation in or support of financial system improvement projects. -Required Education/Training/Experience:Bachelor's degree with major in accounting, business, or related field plus two years of professional accounting experience; or a combination of related education and work experience totaling six years.#CB

Keywords: Russell Tobin & Associates, Minneapolis , AR Specialist, Other , Minneapolis, Minnesota