Accounts Receivable Analyst

Role Summary

Accounts Receivable Analyst at Lantheus. This site-based role requires on-site presence three days per week and involves the timely and accurate application of customer payments to invoices, cash reconciliation, and collection activities for an assigned portfolio of accounts.

Responsibilities

• Processing payments: manage all aspects of cash application (ACH, wires, credit cards, lockbox) following established procedures
• Transferring payments/credits across accounts and companies
• Addressing internal requests for correction/reclass entries related to cash applications
• Reconciling accounts and customer balances
• Maintaining records of transactions and credit memos
• Perform various client account adjustments (credit transfers, unapplied funds, write-offs, refunds)
• Generating reports to track and ensure posting of receipts at period end
• Collaborating with customers to resolve payment-related issues and with cross-functional teams
• Working with the Collections Team on cash application exceptions and queries
• Analyzing and investigating unidentified funds
• Researching and resolving disputed invoices, overpayments, and underpayments
• Providing documents for internal/external audits as necessary
• Verifying daily bank transmissions from lockboxes to electronic systems
• Clearing suspense accounts and offsetting credit/debit invoices
• Participating in improvement projects and process enhancements
• Recommending process improvements to management
• Maintaining knowledge of internal systems, processes, and external regulatory requirements
• Preparing accounts receivable reconciliation to the general ledger monthly
• Preparing monthly bad debt analyses and recommending adjustments to reserves
• Demonstrating core company values in performance and interactions
• Building and maintaining customer relationships to achieve collections and customer satisfaction

Qualifications

• Strong attention to detail with analytical and follow-up skills
• Effective communication, interpersonal, problem-solving, and organizational skills
• BA/BS preferred with 3 years of relevant cash application experience
• Proficient knowledge of accounting functions and computer applications
• Experience with SAP and invoice scanning technology