Accounts Receivable Associate Job at Midea America, Parsippany, NJ

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  • Midea America
  • Parsippany, NJ

Job Description

About Midea America

Midea America Corp. is a U.S. subsidiary within Midea Group, the Fortune 500 giant known for making life easier for millions around the globe. As the world’s top maker of home appliances, Midea is proud of its 166,000+ employees and presence in 200+ countries, including here in the U.S.

Headquartered in Parsippany, N.J., with an innovation hub in Louisville, Kentucky, Midea America is dedicated to providing practical innovations that surprise and delight, creating moments to cherish at home.

Midea's lineup of appliances - from refrigerators to air conditioners, laundry solutions and floor care - are high quality, reliable, and affordable. By thoughtfully engineering performance, convenience, and design into every product, Midea delivers on the promise of every appliance - to make your life a little easier.

Job Summary

Accounts Receivable Associate will be responsible for managing and maintaining top-tier accounts. Responsibilities will include but not limited to accounts receivable, credit management, customer relationship, cash application and past due collections. The primary function will be to reduce outstanding account receivables, increase cash flow, minimize bad debt, and develop solid working relationships/networking with internal stakeholders and customers.

Essential Job Responsibilities

  • Advanced analytical ability to reconcile customer accounts and statements
  • Update customer database to accurately track ongoing activities
  • Collections of outstanding account receivables
  • Ensure all invoices and cash applications are accurately maintained
  • Make collection calls and emails in a professional manner while keeping and improving customer relations
  • Partner with sales & marketing team, logistic & supply chain team and customer to resolve issues and disputes
  • Advise sales team of outstanding invoices, issues for support resolution
  • Enhance and maintain accounts receivable reports to monitor customer balances and payment trends
  • Perform functions for accounts receivable daily responsibilities and tasks
  • Prepare and communicate various daily, weekly or monthly financial reports to stakeholders
  • Maintain ATB (Aged Trial Balance) and all transactions for assigned accounts
  • Maintain accurate customer information in system according to company procedures
  • Produce, publish and distribute reports to monitor business KPI’s and various Ad Hoc reporting and analysis
  • Review new customer accounts creation, monitor credit limit in the system
  • Assist with month end closing and perform sales closing and order block release
  • Assist with implementation and testing of new programs, streamlining processes and upgrades, as necessary.
  • Other Duties as Assigned.

Preferred Qualifications

  • Recent graduate / Bachelor’s degree in accounting, Finance, or related field.
  • Microsoft Office, Outlook, Word, and Advanced Excel Skills. ERP system experience (preferably)
  • A self-starter, work well as a team player, but work independently when required.
  • Ability to analyze problems and escalate as needed.
  • Organization and communication skills
  • Ability to multiple tasks to support rapid growing business.
  • Require excellent interpersonal skills, strong written capabilities, analytic skills and good attention to detail.
  • Ability and willingness to take on projects and workloads as needed
  • Ability to identify discrepancies and inconsistencies
  • Sense of urgency to get it done before due date.

Comprehensive benefit package, to learn more, please visit Careers Page (midea.com)

Midea America Corp. is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

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