idX Accounts Receivable Coordinator at UFP Industries

Washington, North Carolina, United States

UFP Industries Logo
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

Key technologies and capabilities for this role

Accounts ReceivableBillingCollectionsExcelERPGeneral Ledger ReconciliationMicrosoft OfficeSales Tax ReportingCustomer InvoicingCash Receipts

Questions & Answers

Common questions about this position

What experience is required for the Accounts Receivable Coordinator role?

Candidates need 5+ years of accounting experience, preferably in the custom manufacturing industry, and 2+ years of specific Accounts Receivable experience.

What skills are necessary for this position?

Required skills include experience with Microsoft Office (Word, Excel, PowerPoint, and Outlook), computer literacy with ERP software as an asset, and highly effective communication and interpersonal skills.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What makes a strong candidate for this Accounts Receivable Coordinator position?

A strong candidate will have 5+ years of accounting experience in custom manufacturing, 2+ years in Accounts Receivable, proficiency in Microsoft Office, ERP knowledge, and excellent communication skills.

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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