idX Accounts Receivable Coordinator at UFP Industries

Washington, North Carolina, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

ManufacturingIndustries

Requirements

5+ years accounting experience, custom manufacturing industry preferred
2+ years Accounts Receivable specific experience
Experience using Microsoft Office (Word, Excel, PowerPoint and Outlook)
Computer literacy with knowledge of ERP software is an asset
Highly effective communication and interpersonal skills
Ability to express oneself professionally utilizing both verbal and written communications

Responsibilities

Work with Project Managers and Sales Personnel to ensure customer invoices are accurate and complete prior to customer submission
Maintaining and monitoring account payments and documentation of all collections
Develop solutions to obtain payments
Customer statement preparation and communication
Prepare report of collection activities and account status
Invoices agree to sales order and customer purchase order
Ensuring freight is properly invoiced which includes matching vendor freight invoices and terms agreed upon with customer
Applying customer payments against invoices and maintain cash receipts records
Investigating irregularities and discrepancies with project managers
Preparation of approved credit memos
Reconciliation of general ledger accounts as part of the monthly close process
Prepares and analyzes financial and sales tax accounts, records and reports; and determines sales taxes owed according to prescribed rates, laws and regulations
Manages and coordinates accounts receivable activities and oversees and/or coordinates billing, collection, reconciliation to the general ledger, and the compilation of accounts receivable reports
Closely monitors the aging of accounts receivable and initiates appropriate steps to facilitate the collection of invoices from customers

Skills

Accounts Receivable

Billing

Collections

Excel

ERP

General Ledger Reconciliation

Microsoft Office

Sales Tax Reporting

Customer Invoicing

Cash Receipts

UFP Industries

Manufactures and distributes construction and packaging products

About UFP Industries

UFP Industries operates as a diversified holding company with several subsidiaries, including UFP Packaging, UFP Construction, and UFP Retail Solutions. The company manufactures, distributes, and sells a wide range of products for various markets, including residential and commercial construction, packaging, and industrial sectors. Its products are tailored to meet the specific needs of clients across North America, Europe, Asia, and Australia. UFP Industries stands out from its competitors by leveraging its extensive operational footprint and expertise to serve a diverse clientele, ensuring consistent revenue from multiple geographic regions and industry segments. The company's goal is to effectively meet the diverse needs of its customers while maintaining a steady income stream.

Muscle Shoals, AlabamaHeadquarters

1955Year Founded

IPOCompany Stage

Industrial & Manufacturing, Consumer GoodsIndustries

1,001-5,000Employees

Risks

Rising lumber costs could impact UFP's profit margins.

Construction slowdown due to high interest rates may reduce UFP's revenue.

Stricter European environmental regulations could increase UFP's compliance costs.

Differentiation

UFP Industries operates globally, serving diverse sectors like construction and packaging.

The company leverages a broad operational footprint to meet varied client needs.

Recent acquisitions, like C&L Wood Products, expand UFP's market reach and capabilities.

Upsides

Growing demand for sustainable packaging boosts UFP's eco-friendly product development.

E-commerce growth increases demand for UFP's packaging solutions.

Urbanization trends drive demand for UFP's residential and commercial construction products.

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