Accounts Receivable Associate at Dollar Tree

Chesapeake, Virginia, United States

Dollar Tree Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
RetailIndustries

Requirements

  • Two (2) years of Accounts Payable or Accounts Receivable experience, or an associate degree in a related field
  • Strong verbal and written communication skills, with the ability to convey information clearly and concisely
  • Demonstrated analytical, decision-making, and critical thinking abilities
  • Proven ability to work effectively in a fast-paced, team-oriented environment
  • Excellent organizational skills with the ability to prioritize tasks and meet defined deadlines
  • Proficiency in Microsoft Office applications

Responsibilities

  • Ensure accurate and timely processing of Accounts Receivable (AR) and Accounts Payable (AP) transactions
  • Support AR billing, collections, and related follow-up processes
  • Conduct research and provide resolution for issues and inquiries from internal and external customers
  • Monitor departmental inboxes and deliver prompt, professional customer service
  • Review and process assigned Accounts Receivable (AR) and Accounts Payable (AP) invoices accurately and in a timely manner
  • Create new AR customer accounts as needed
  • Prepare and process AR and AP uploads accurately and in a timely manner
  • Transfer AR invoices to AP for deduction from vendor AP balances
  • Review and approve deals in the Vendor Funding module of RETEK, escalating for additional approval as required by established approval levels and revenue recognition principles
  • Monitor departmental email inboxes and respond to all inquiries within 48 hours, ensuring clear, concise, and professional communication
  • Assist with research and resolution of vendor billing disputes
  • Distribute the weekly AR aging report to stakeholders
  • Issue weekly AR invoices and monthly customer statements
  • Assist the Disbursements department in ensuring all Accounts Payable (AP) and Accounts Receivable (AR) transactions are processed accurately and support a clean, timely period close
  • Perform other duties and special projects as assigned

Skills

Accounts Receivable
Accounts Payable
Billing
Collections
Invoice Processing
Customer Service
Vendor Funding
RETEK
AR Aging Reports
Analytical Skills
Data Uploads

Dollar Tree

Value retailer offering low-cost everyday items

About Dollar Tree

Dollar Tree operates over 8,000 stores and 25 distribution centers, providing a variety of products such as party supplies, home décor, health and beauty items, seasonal goods, and food at low prices. The company sources its merchandise globally, allowing it to offer high-value items that appeal to customers looking for affordable everyday and holiday essentials. Unlike many retailers, Dollar Tree maintains a strict pricing model where most items are priced at one dollar, which helps attract a diverse customer base. The company's goal is to adapt to market changes while ensuring customer satisfaction through a dedicated workforce and creative strategies.

Chesapeake, VirginiaHeadquarters
1986Year Founded
IPOCompany Stage
Consumer GoodsIndustries
10,001+Employees

Risks

Increased competition from Dollarama could impact Dollar Tree's market share.
The multi-price strategy might alienate traditional Dollar Tree customers.
Economic pressures could reduce demand for non-essential product lines.

Differentiation

Dollar Tree offers a wide range of products at extreme value prices.
The company sources merchandise globally to provide high-value items at low costs.
Dollar Tree operates over 8,000 stores across the U.S. and Canada.

Upsides

Expansion of private label brands can increase profit margins and customer loyalty.
Enhancing e-commerce capabilities can capture a larger share of the online retail market.
Partnerships with local suppliers can reduce supply chain disruptions.

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