Accounts Receivable Specialist
Bystronic • Hoffman Estates, Illinois • Full Time • $55,000–$60,000 / year
Posted on Sat, Oct 17, 2026
BASIC FUNCTION
This position is responsible for collections/cash applications and other miscellaneous accounting related responsibilities. Anticipated time allocation: 50% collections; 25% cash applications; 25% miscellaneous
SPECIFIC RESPONSIBILITIES
• Initiates timely collection calls to customers regarding payment of past due invoices as outlined within company guidelines
• Evaluates payment trends and past due issues on customer accounts by utilizing credit evaluation software and company aging reports.
• Monitors and analyzes customer payment patterns and deductions to identify and address payment irregularities
• Addresses and resolves customer concerns/disputes to secure payment within terms.
• Composes appropriate email and business correspondence to address collection issues.
• Reviews AR detail to identify and address credit limit breaches.
• Analyzes billing and payment histories to reconcile internal accounting issues, and takes appropriate steps to resolve.
• Researches credit balances on invoices and issues credit memos as necessary.
• Identifies and prepares invoice corrections, adjustments, and ad debit write offs as appropriate
• Works closely with department to identify and address high risk credit situations.
• Responsible for retrieving bank transactions and accurately posting to ERP.
• Serves as a liaison obtaining invoice and coordination of activities with financing company.
• Analyzes and maintains settlement reports by daily reconciling credit reports and files accordingly.
QUALIFICATIONS
KNOWLEDGE: Equivalent Bachelor’s Degree or minimum of five to ten years comparable experience within collections function within sales, manufacturing environment or a combination of education and experience equivalent of the required knowledge, skills and abilities.
EXPERIENCE: Previous experience in a collections department
SAP highly desirable
SPECIAL SKILLS: Proven detail orientation
Highly disciplined individual; capable of working independent
MS Office with strong Excel skills
Self-motivated individual
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What the data says about this job
- Advertised pay for Accounts Receivable Specialist in Greater Chicago: a median of $57,350 across 72 priced postings. This posting advertises $55,000 to $60,000, in line with that median. Explore the market
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