Collections & Accounts Receivable Clerk

Vedder Price is seeking a Collections & Accounts Receivable Clerk to join their dynamic team in Chicago. The ideal candidate will be responsible for ensuring precise and efficient payment application processes, fostering strong client relationships, and resolving account-related matters. The role requires strong customer service skills, excellent professional writing skills, and the ability to effectively manage multiple tasks through organizational and prioritization skills.

Requirements

• Prepare bank deposits on an ad hoc basis
• Research, code, and post cash receipts into 3E/Elite financial system
• Reconcile discrepancies in cash receipts and resolve any issues promptly
• Research and apply unallocated cash receipts
• Process adjustments, receivable write-offs, and payment reversals
• Communicate effectively with internal and external stakeholders
• Generate outstanding receivable and ledger reporting
• Assist with accounts receivable monthly and year-end closing procedures
• Maintain and organize accounts receivable and cash receipt documentation
• Assist management in updating training procedures
• Troubleshoot any issues related to cash receipts and provide support to team as needed
• Act as backup to maintain BOA cash posting and work with AP team to ensure recording

Benefits

• Competitive Salary
• Bonus Program
• Retirement Planning
• Health and Wellness
• Paid Time Off
• Professional Development
• Employee Recognition
• Work-Life Balance
• Additional Perks