Finance & Accounting Associate - AR

Job description

About Us:

IBS Electronics is a leading global distributor of electronic components, driven by a mission to innovate the supply chain through design, logistics, and service excellence. With headquarters in Southern California, we are at the forefront of the digital transformation in our industry, committed to data-driven operations and sustainable growth.

Job Overview:

As a Finance and Accounting Associate, you will be responsible for managing all aspects of Accounts Receivable, including invoicing, collections, and reconciliation. The Finance and Accounting Associate will play a crucial role in ensuring timely payment processing, maintaining accurate records, and fostering positive relationships with stakeholders. You also give assistance in other tasks that are related to Finance operations.

Duties and Responsibilities:
1. Ensures efficient monitoring of accounts receivable.

2. Maintaining records regarding payments and account statuses of the company’s customers.

3. Ensures timely collection of all accounts receivable and escalates appropriately for delinquent accounts.

4. Performing administrative and clerical tasks, such as data entry, preparing invoices, sending bill reminders, filing paperwork, and coordinating with the Sales and/or Customer Service Team to discuss their accounts.

5. Record and allocate the company’s monthly freight in the system.

6. Maintains the company’s petty cash fund and prepares the liquidation for the used petty cash fund.

7. Conduct a reference check for appraisal of the credit limit for new and existing customers.

8. Assign the task of handling all activities related to banking.

9. Other related activities will be assigned by the Line Leader or top management.

Skills Required / Qualification Requirements:

1. Must have a Bachelor's degree in Accountancy.


2. Minimum of 5 years experience in Accounting.


3. Strong experience in collection and customer credit management.


4. Proficiency in ERP systems, particularly NetSuite, and advanced competency in data analytics tools.


5. Strong skills in the Microsoft Office Suite, especially Excel for data analysis and reporting.


6. Demonstrated ability to analyze complex data sets that help the Accounts Receivable department.


7. Ability to effectively work with cross-functional teams and build relationships with suppliers.


8. Commitment to continuous learning and staying abreast of industry trends and best practices in Accounts Receivable.

Why Join Us:

At IBS Electronics, you’ll be part of a visionary team committed to transforming the electronics distribution industry. We value innovation, excellence, and continuous learning. Our culture is one of empowerment, diversity, and respect. As we embark on exciting new projects and digital initiatives, your contributions will be instrumental in shaping our success and driving our mission forward.