JOB DESCRIPTION

Responsibilities

RTI is seeking an Accounts Receivable Specialist who will be responsible for daily deposit reconciliation, accurately applying cash receipts to open invoices and general ledger accounts, and ensuring all financial records related to cash receipts are balanced. This role will report to the Senior Director and Assistant Treasurer. The role will be based in RTP, NC with at least one day in office per week. Your primary responsibilities will include but not be limited to: Integrating and processing daily lockbox and electronic receipt files to enable automatic application of receipts to invoices. Investigating lockbox import errors for resolution and escalating as appropriate. Manually applying customer payments when automation is not possible. Investigating and resolving unidentified or misapplied payments in coordination with internal teams and customers. Preparing and submitting both remote and physical bank deposits. Processing customer refunds for duplicate payments in compliance with internal policies. Monitoring advance payments, requesting fund transfers for application to monthly invoices, and utilizing Kyriba (RTI’s treasury management system) reports to record interest earned by project. Managing ecommerce and off-invoice transactions, notifying Billing of receipts and applying receipts to an internal invoice once created by Billing. Reconciling credit card receipts with ACH deposits from the merchant services provider. Processing credit card refunds and manage any chargebacks or disputes. Monitoring unidentified and advance payments using Oracle reporting. Processing write-offs and assisting with month-end Accounts Receivable close activities. Tracking and reporting on key performance indicators related to cash application performance and support Treasury with working capital metrics and Days Sales Outstanding analysis. Collaborating with internal teams on invoice issues and collections as needed. Maintaining respectful and effective communication with clients and colleagues. Adapting to a dynamic work environment while managing multiple responsibilities. Leveraging Oracle reporting and functionality to drive efficiencies. Performing other duties as assigned

Qualification

High School Diploma and 6 years of experience, Associate’s Degree and 4 years of experience, or equivalent combination of education and experience Proficiency in MS Excel, Word, Outlook, PowerPoint Strong analytical skills with attention to detail and accuracy Excellent verbal and written communication skills Ability to work cross-functionally and collaborate effectively Time management skills to prioritize and meet deadlines Ability to work independently with minimal supervision Ability to obtain necessary security clearances per contract requirements Commitment to RTI Values and Lead Forward behaviors, as outlined on RTI Insider Must be eligible to work in the US without sponsorship Preferred Qualifications: Bachelor’s degree preferred Experience with Oracle Fusion Cloud

Level of Education: Bachelor Degree

Work Hours: 8

Experience in Months: No requirements