Accounts Receivable (A/R) Intern

Job Description

Here is the detailed, enriched job description:

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### About the Job: Accounts Receivable (A/R) Intern

Introduction

We are seeking a highly motivated and detail-oriented Accounts Receivable (A/R) Intern to become an integral part of our dynamic Quote-to-Cash (Q2C) team. This unparalleled internship provides a comprehensive, hands-on learning experience in the critical domain of managing receivables, directly contributing to our financial health and operational excellence. You will gain invaluable exposure to financial operations, collaborate actively with diverse cross-functional teams, and play a direct role in driving overall business performance and efficiency within a fast-paced corporate environment.

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Your Role And Responsibilities

As an A/R Intern, you will be instrumental in supporting our financial operations. Your key responsibilities will include:

• You will actively assist in the meticulous organization and comprehensive management of the Accounts Receivable (A/R) process, overseeing both our established existing portfolio and newly acquired entities. This involves ensuring smooth integration and consistent financial oversight across all business segments.
• Provide crucial support for monthly reconciliation and in-depth analysis of accounts receivable data, identifying discrepancies and ensuring data integrity to inform strategic decision-making.
• Engage in proactive cross-functional collaboration with key departments including Finance, Legal, IT, and Treasury teams to streamline collection efforts, swiftly resolve complex billing issues, and optimize cash flow.
• Actively participate in critical project meetings, offering valuable insights, contributing to comprehensive status updates, and preparing clear, concise reporting for internal stakeholders.
• Proactively identify and efficiently resolve customer billing issues through seamless coordination and communication with various cross-functional billing teams, ensuring customer satisfaction and accurate invoicing.
• Contribute directly to the development and implementation of strategic initiatives focused on significantly reducing Days Sales Outstanding (DSO) and driving measurable year-over-year (YoY) performance improvements in cash realization.
• Meticulously maintain accurate and thorough documentation of all A/R processes, operational procedures, and detailed customer interactions, ensuring compliance and knowledge transfer.
• Support the preparation of insightful reports and dynamic dashboards that provide clear visibility into A/R performance for various internal stakeholders, aiding in informed decision-onmaking.
• Lend essential support to critical audit and compliance efforts, ensuring all receivables and collections activities adhere to regulatory standards and internal policies.

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Preferred Education

• Currently pursuing or recently completed a Bachelor’s Degree in Finance, Accounting, Business Administration, or a related quantitative field.

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Required Technical And Professional Expertise

To succeed in this role, you should possess:

• Possess exceptional written and verbal communication skills, enabling clear articulation of complex financial information and effective collaboration across all levels of the organization.
• Demonstrated advanced proficiency in Microsoft Excel, including the ability to confidently utilize pivot tables, VLOOKUP, HLOOKUP, complex formulas, and data analysis tools to manipulate and interpret large datasets efficiently.
• Familiarity with various financial systems such as an AR system of record, Enterprise Performance Management (EPM) tools, and AR Infocenter is highly preferred and will be a significant advantage.
• Solid foundational understanding of core accounting principles, particularly in areas such as cash application, general ledger reconciliation, and revenue recognition.
• Proven analytical ability to interpret complex financial data, extract meaningful insights, and present findings in a clear, concise, and actionable manner.
• Exceptional organizational skills and meticulous attention to detail, crucial for managing multiple tasks, maintaining accurate records, and ensuring data integrity in a fast-paced environment.
• Demonstrate the ability to excel both independently and collaboratively within a dynamic, fast-paced team environment, adapting quickly to evolving priorities and contributing positively to team goals.

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Preferred Technical And Professional Experience

Beyond the required skills, we value candidates who demonstrate:

• A proactive mindset with an insatiable eagerness to learn and adapt to new challenges and technologies within the financial domain.
• Possess an inherently analytical mindset coupled with a robust, solution-oriented problem-solving approach to tackle complex financial challenges effectively.
• Comfortable and proficient in navigating and interpreting large datasets and intricate financial reports, extracting key information with ease and accuracy.
• A demonstrable strong interest in pursuing a career in finance, accounting, or broader business operations within a corporate setting.
• Strong presentation skills are a distinct advantage, enabling effective communication of findings and recommendations to diverse audiences, from peers to senior leadership.