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Title

Accounts Receivable Specialist 

EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.  
Description

Summary of Position:

This position is to take ownership of the A/R Credit and Collection duties at a medium size company and work directly to improve the activities of the Accounting department for the organization. Determine credit limits and credit worthiness for new accounts by communicating directly with customers and lending institutions. Reviewing and researching credit payment history and obtain further information if necessary. Evaluate, provide analysis, conclusion and recommendations to determine credit line amounts and communicate this information to customers and other team members of the company. Enforce the company's current credit policy and look for ways to improve efficiency in Credit and Collections. In this role, will be engaged in conducting credit investigations and collecting delinquent accounts and will communicate all credit related issues to senior management. This individual will report directly into the Finance Manager.

Essential Duties and Responsibilities:

  • Assist in developing sound, acceptable credit policies
  • Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution.
  • Interact with customers to obtain additional credit information to support credit lines
  • Reconcile transactions and balances to maintain accurate accounts
  • Assist Credit and Collections manager with Accounts Receivable related analysis and reports
  • Initiate credits and adjustments to customer accounts within company policy limits
  • Check for credit viability on requests for extended terms, and evaluate various adjustments or exception documents
  • Responsible for tracking and resolving outstanding payment issues and generating weekly aging reports in a timely manner
  • Maintain bad debt and bad debt recovery records
  • Monitor receivables and collections and provide updates of receivables and provide appropriate reporting procedures
  • Identify problem accounts and provide regular updates of receivables to management
  • Negotiate payment programs with delinquent customers
  • Identify accounts requiring collection agency or legal action and coordinate collections with third party contractors
  • Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate
  • Develop processes and procedures for evaluating customer financials and setting and changing credit lines/limits, as well as credit holds
 
Position Requirements

Qualifications and Skills:

  • Bachelor’s degree in Finance, Accounting or related field and three (3) plus years in an accounting or credit function; must have knowledge of general accounting principles and be proficient using ERP software and MS Office (Excel).
  • The ideal candidate displays a positive and proactive attitude, strong organizational skills, the ability to prioritize and multitask. Strong communication skills (verbal and written) as he or she will frequently deal with higher levels of management.
 
Full-Time/Part-Time Full-Time  
Location Palo Alto (HQ)  
About the Organization SCITON, a privately held and employee owned company headquartered in Palo Alto, California, is a leading manufacturer of medical and aesthetic lasers and light source technologies. Founded by the laser industry's preeminent engineers and physicists, our mission is to provide best-in-class solutions to improve human conditions.

Our culture and company strength stems from our diverse collection of talented and motivated employees. One word that best describes Sciton is ‘Family' because we treat each member of our team like family. We give our employees the support, recognition, and room to grow their careers within Sciton.

We empower our people to develop their creative genius. In fact, we incentivize creativity and innovations to all our people. We look for lifelong learners, problem solvers, and individuals who excel in a challenging, team-oriented environment. We hire individuals who want to retire with us. How do you feel about that?
 

This position is currently accepting applications.

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