Accounts Receivable Analyst

Job Description

Accounts Receivable Analyst (Remote) | The Blue Venture Fund

The Tone:
This is a full-time role at The Blue Venture Fund, located in Oak Brook, IL, USA, and available remotely. The Blue Venture Fund operates in the financial sector, where efficient and accurate accounts receivable management is crucial. This role is critical for ensuring payment accuracy, optimizing operational efficiency, and enhancing automated accounts receivable processes by resolving discrepancies and identifying improvements.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Remote, Oak Brook, IL

• Mission: This person will own the investigation and resolution of accounts receivable and cash application exceptions to improve financial accuracy and operational efficiency.
• Tech Stack: NetSuite, Sage, Versapay, banking platforms

What You’ll Actually Do
• Exception Management: Research, analyze, and resolve accounts receivable and cash application exceptions by thoroughly investigating transactional data across multiple systems and banking platforms.
• Root Cause Analysis: Investigate complex payment discrepancies utilizing data from billing, banking, cash application, and accounts receivable platforms to identify underlying root causes and determine appropriate resolutions.
• Process Improvement: Analyze exception reports and account activity to identify trends, recurring issues, and opportunities for enhancing cash application accuracy and overall operational efficiency.
• Stakeholder Engagement: Collaborate with clients, brokers, funding teams, and internal stakeholders to effectively resolve payment inquiries, reconcile discrepancies, and facilitate timely issue resolution.
• Reporting & Insights: Prepare recurring and ad hoc reports on payment activity, exception management, cash application results, and accounts receivable performance to provide actionable insights.

The Must-Haves
• Background: Early Career professional with a strong foundation in accounting principles, specifically related to accounts receivable, cash application, and financial exception management.
• Experience: Demonstrated experience researching transactional data and investigating payment discrepancies across multiple systems including billing, banking, cash application, and accounts receivable platforms. Practical experience serving as a functional resource for financial systems like NetSuite, Sage, Versapay, or similar banking/AR platforms is essential.
• Skills: Proficiency in data analysis and problem-solving to identify root causes and resolve complex financial discrepancies. Strong collaboration and communication skills for working effectively with internal and external stakeholders. Ability to prepare clear and concise reports on financial performance and exceptions.
• Bonus: Experience supporting system implementations, enhancements, or testing activities related to billing, cash application, and accounts receivable operations. A proven ability to document findings and provide recommendations for process improvements, system utilization, and data quality enhancements.