Accounts Payable And Accounts Receivable Specialist

Overview

• Join a dynamic finance team as an Accounts Payable & Receivable Specialist, contributing to accurate financial operations and compliance in a fast-paced environment.
• Handle AP and AR tasks, including invoice processing, payment reconciliation, and customer account management using Microsoft Dynamics 365 Business Central.
• Collaborate with internal teams to resolve billing issues and recommend process improvements for efficiency and accuracy.
• Support month-end close activities and audit preparation, ensuring compliance with financial regulations and company policies.
• Maintain vendor and customer files, including tax documentation and billing records, ensuring data integrity and accessibility.
• Contribute to music industry-specific financial tasks, such as processing royalties and maintaining accurate records of advances and recoupments.
• Work in an in-person office environment, Monday through Friday, 9 AM to 6 PM, with public transportation accessibility.

Key Responsibilities & Duties

• Process vendor invoices, credit memos, and expense reports, ensuring timely and accurate payment runs via ACH, wire transfers, and checks.
• Reconcile vendor statements and accounts payable subledger to the general ledger, resolving discrepancies effectively.
• Prepare and issue invoices, monitor customer accounts, and support collection efforts using aging reports.
• Post and apply payments, reconcile customer accounts, and maintain accurate billing records and sales tax certifications.
• Assist with processing payments to artists, songwriters, and publishers, maintaining accurate records for reporting purposes.
• Support revenue recognition and record incoming royalties in accordance with contract terms.
• Collaborate with teams to address billing and payment issues, recommending process improvements and automation initiatives.

Job Requirements

• Bachelor’s degree in Business Administration, Accounting, or Finance is required.
• Minimum of 3 years of experience in accounts payable and receivable roles; 5 years preferred.
• Proficiency in Microsoft Dynamics 365 Business Central and advanced skills in Microsoft Excel, including VLOOKUP and Pivot Tables.
• Strong organizational skills, detail-oriented mindset, and ability to manage multiple tasks and deadlines.
• Effective communication and problem-solving abilities, with experience analyzing data from corporate systems.
• Comfortable working in a fast-paced, in-person office environment with a collaborative team.
• Knowledge of music industry-specific financial processes is advantageous but not mandatory.