Ideal Industries

Staff Accountant - Accounts Receivable - Hybrid


PayCompetitive
LocationSterling/Massachusetts
Employment typeFull-Time

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  • Job Description

      Req#: 5713

      Overview

      ANDERSON POWER PRODUCTS®, a wholly owned subsidiary of IDEAL INDUSTRIES, Inc., is an industry leader in the design and manufacture of electrical power connectors. Anderson Power Products partners with leading edge companies to create innovative connector designs that leverage contact technology and high power expertise to provide superior value to the power electronics industry. Applications include leading edge technology and next generation power requirements in industries such as alternate energy (wind, solar, fuel cell), datacenter and server power supply design and electrical distribution, electric vehicles, LED lighting, and battery charging.

      As a Staff Accountant specializing in Accounts Receivables, your primary responsibility will be to manage the accounts receivable function of the organization. You will play a crucial role in ensuring accurate recording, tracking, and collection of outstanding balances owed to the company.

      Responsibilities

      PRIMARY RESPONSIBILITIES:

      • Generate invoices accurately and timely for goods or services rendered to clients/customers.
      • Keep track of outstanding balances, aging reports, and customer payment histories.
      • Proactively follow up with customers to ensure timely payment of outstanding invoices.
      • Communicate effectively with customers via phone, email, or other communication channels to resolve payment discrepancies or disputes.
      • Apply incoming payments accurately to corresponding customer accounts in the accounting system.
      • Full cycle Accounts Receivable – account analysis, international currencies
      • Assess creditworthiness of new and existing customers. Set appropriate credit limits and terms in coordination with the Assistant Controller.
      • Monitor customer accounts for credit risks and take necessary actions to mitigate losses.
      • Prepare regular reports on accounts receivable aging, collection activities, and cash flow projections.
      • Provide insights and analysis to management regarding trends, potential bad debts, and opportunities for improvement.
      • Month-end close journal entries and reconciliations.
      • Ensure compliance with company policies, accounting standards, and regulatory requirements related to accounts receivable management.
      • Implement best practices and automation tools where applicable to enhance accuracy and productivity.

      Qualifications

      QUALIFICATIONS:

      • Bachelor's degree in Accounting, Finance, or related field.
      • Proven experience 3+ years in accounts receivable or similar role.
      • Proficiency in accounting software (e.g., QuickBooks, SAP) and Microsoft Excel.
      • Strong understanding of accounting principles and practices.
      • Excellent communication and interpersonal skills.
      • Detail-oriented with a focus on accuracy and reconciliation.
      • Ability to prioritize tasks and meet deadlines in a fast-paced environment.
      • Analytical mindset with problem-solving capabilities.
      • Experience with credit management and collections techniques is preferred.

      IDEAL INDUSTRIES, INC./ANDERSON POWER PRODUCTS is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. We are proud to be an equal opportunity employer and we know that it is our people that truly separate us from the competition. We offer competitive compensation and benefits including medical, dental and vision insurance, 401K and a Pension plan. To learn more about us, visit us at www.idealindustries.com and www.andersonpower.com

      Please review IDEAL Industries’ Privacy Notices IDEAL - Applicant and Candidate Privacy + CA Notice. By continuing, you acknowledge reviewing and understanding these notices.

  • About the company

      Our name comes from our founding principle. When J. Walter Becker started this company in 1916, he based it on an unshakeable belief in ideal relationships, with his employees, his community, and of course his customers. These are relationships built on fairness, transparency, trust and fellowship. More than one hundred years later, IDEAL INDUSTRIES, INC. is a global enterprise with companies serving technicians and workers across a wide range of industries, from electrical to construction to aerospace to automotive. Our products have been instrumental in helping mankind reach from the South Pole to the Moon, and are paving new paths for the future. Because as J. Walter Becker taught us, when you honor relationships, success for all will follow.