Accounts Receivable Specialist

Job description

Accounts Receivable Specialist Department: Accounting: Employment Type: Full Time: Location: Fort Worth, TX: Compensation: $75,000 - $80,000 / year Description: The Accounts Receivable Specialist is responsible for owning and executing the full accounts receivable lifecycle, with a primary focus on accurate AIA/progress billing, retainage tracking, collections, and lien compliance. This role serves as the subject-matter expert for construction AR, partnering closely with Project Managers, Project Accountants, Operations, and leadership to stabilize receivables, improve cash flow, and reduce aging balances across assigned entities. Key Responsibilities: - Proactive collection efforts to reduce aging balances and improve cash flow. - Execute collection action plans in coordination with leadership and project teams. - Monitor and improve key AR performance indicators, including Days Sales Outstanding (DSO), aging balances, and billing timeliness. - Own the end-to-end accounts receivable lifecycle, including AIA/progress billings, retainage tracking, and collections. - Prepare, review, and submit invoices and pay applications in accordance with contract terms, job cost data, approved w...