Title: Accounts Receivable Specialist Credit & Collections

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.

Position Overview:

Accounts Receivable Specialist Credit & Collections 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.

Core job Responsibilities

·       Collections and reconciliation of outstanding account receivables

·       Responsibility of Major account (Major Account)

·       Departmental reporting and analysis 

·       Advanced analytical ability to reconcile customer accounts and statements

·       Claims, chargeback and Deduction reconciliation  

·       Make collection calls and emails in a professional manner while keeping and improving customer relations

·       Enhance and maintain accounts receivable reports to monitor customer balances and payment trends

·       Produce, publish and distribute reports to monitor business KPI’s and various Ad Hoc reporting and analysis

·       Perform functions for accounts receivable daily responsibilities and tasks

·       Prepare and communicate various daily, weekly, or monthly financial reports to stakeholders

·       Assist with implementation and testing of new program, streamlining processes and upgrades, as necessary

·       Maintain ATB (Aged Trial Balance) and all transactions for assigned accounts

·       Maintain accurate customer information in system according to company procedures

·       Update customer database to accurately tracking ongoing activities

·       Review new customer accounts creation, monitor credit limit in the system  

·       Assist with month end closing and perform sales closing and order block release 

·       Partner with sales team and customer to resolve issues and invoice disputes

·       Assist in training and development of other of other team members

·       Advise sales team of outstanding invoices, issues for support resolution

·       Ensure all invoicing and cash applications are accurately maintained.

Experience/Qualifications/Skills 

·       Bachelor’s degree in accounting, Finance, Business, Economics or related field a plus.

·       College grad or 1 to 2 years’ experience.

·       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 skill

·       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.

·       Good work attitude

·       Microsoft Office, Outlook, Word, and Advanced Excel Skills. ERP system experience (preferably)

Feature Benefits:

• Medical, Dental, Vision,
•  401K,
•  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.