Accounts Payable/Receivable

Job Description

Accounts Payable/Receivable Clerk | Luther Automotive Group

The Tone:
This role is for an Accounts Payable/Receivable Clerk at Luther Automotive Group. For over 70 years, the company has built its brand on strong family values and a philosophy of serving its guests, team members, and communities. Every team member is absolutely critical to the success of this well-established automotive group. This position is vital for maintaining the accuracy of financial transactions and ensuring smooth fiscal operations within the organization.

The TL;DR
• Role: Early Career
• Pay: $22–$25 hourly
• Mission: To ensure accurate and timely processing of all financial transactions related to accounts payable and accounts receivable, thereby supporting the overall financial health and operational efficiency of the organization.

What You’ll Actually Do
• Financial Reconciliation & Processing: Accurately reconcile and process daily cash and credit card deposits, ensuring all transactions are recorded and finalized appropriately according to company standards.
• Accounts Receivable Management: Manage the entire accounts receivable cycle by entering finalized cash receipts, diligently updating the receivable ledger, sending out monthly statements, and following up with payment information to secure timely collections, including researching and processing bad checks.
• Accounts Payable & Vendor Relations: Efficiently prepare Accounts Payable checks and post all AP invoices in a timely manner, while also issuing Purchase Orders to vendors as necessary to support ongoing operational needs.
• Inquiry & Compliance Handling: Serve as a primary point of contact for all receivable and vendor inquiries, providing thorough research and accurate answers, and record and maintain all 1099 information for year-end reports, alongside managing sales tax exemption data.
• Operational Support: Contribute to overall office efficiency by maintaining adequate office and other necessary supplies, and consistently uphold customer satisfaction at or above company standards in all financial interactions.

The Must-Haves
• Background: An early career professional with foundational knowledge in financial operations, specifically skilled in managing both Accounts Payable and Accounts Receivable functions.
• Experience: Demonstrated experience in processing various financial transactions, including cash receipts, invoices, and payments, with a proven ability to manage ledgers and statements effectively.
• Skills: Possesses excellent analytical and problem-solving skills to address financial discrepancies and inquiries. Strong communication abilities are essential for effectively communicating customer needs and concerns to management, coupled with the capacity to work collaboratively as a team member.
• Bonus: Prior experience as an Accounts Receivable/Payable Clerk in a dealership setting is a significant plus, along with a willingness to work flexible hours and maintain a professional appearance.