Ar Coordinator II

This position will report directly to the AR Manager of Collections and will be responsible for performing a variety of accounts receivable duties to aid in support of customer collections and cash applications for the manufacturing services and drilling business units within the US and Canada.

All duties are performed in full compliance and accordance with corporate policies internal controls and/or external regulatory reporting requirements.

• Access bank accounts online daily for multiple business units and customer accounts. Save daily bank deposit summaries in the Daily Deposit cash folder.
• Apply customer remittances daily by working through exceptions in the CAA module of High Radius and manual entries directly into Oracle AR when necessary.
• Retrieve remittances daily from the email inbox. Save to the backup folder and mark customer aging with relevant remittance detail.
• Maintain Accounting cash logs for daily deposits. Complete soft close each Friday to check accuracy for cash log entries before the end of the month
• Reconcile customer short payments and over-payments
• Daily customer payment inquiries/documenting all collections efforts utilizing the CLS module in High Radius.
• Monitor the status of electronic portals for invoice submissions and disputes. Daily update statuses in High Radius for any blank entries in the delayed reason column.
• Work with the Billing Department Marketing Operations and customers Accounts Payable contacts to resolve disputed invoices using the DMS module in high radius.
• Escalate any problem accounts and unresolved issues to management prior to account aging beyond 45 days
• Complete processing for customer refunds and monitor uncollectible AR balances for write-off recommendations to AR Manager
• Timely fulfill internal/external Audit and Treasury bank file examination documentation requests with applicable support
• Serve as backup to and assist with training of other Collections Coordinators
• Assist with quarterly testing in Oracle and provide supporting documentation
• Assist with Special Projects as needed

Minimum:

• 3 years of Accounts Receivable/cash applications experience using a major ERP AR module
• 3 years of collections experience
• General understanding of basic accounting principles
• Intermediate Microsoft Excel - V-Lookup/Pivot Tables
• High School Diploma or equivalent

Preferred:

• Associates Degree
• Oracle AR Module expertise
• Oil and gas industry or manufacturing experience
• HighRadius or GetPaid AR Automation Platform

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Work Authorization Requirement:Candidates must be currently authorized to work in the United States on a full-time basis. Nabors does not provide work visa sponsorship for this position now or in the future.