Accounts Receivable Coordinator (ARC)
King of Prussia, PA | Full-Time M-F
JOB SUMMARY
Cash Applications & AR Summary:
Post all daily cash within 24 hours of deposit and provide daily and monthly reporting to
reconcile all cash to the accounting general ledger.
Cash receipts will include: Lockbox, ACH and Wire Transfers, Remote Deposit (handled in
KOP office by Customer Financial Service (CFS) Reps), and Branch Cash sent electronically
from all Branch Locations, are to be posted within 24 hours of deposit date.
Perform all necessary daily tracking and reconciliation reports for cash and AR maintained
within 24 hours of posting.
Perform all necessary monthly tracking and reconciliation reports for cash and AR maintained
by close of the first day of business of each new fiscal month.
Manage the reconciliation process for all unapplied payments.
Cash Applications & AR Primary Duties & Responsibilities:
• Cash & AR Reconciliation
• Cash Received
• Month End Accounting Reconciliation
• Unapplied Payments Reduction / Reconciliation
• Z Account Delinquency Reduction
New Customer Credit Application Processing Summary:
Process all new customer credit applications from ARC to manager for decision by close of the
following business day from receipt of application.
New Customer Credit Application Duties & Responsibilities:
• Review AR email in-box daily for new credit applications
• Examine application for completeness - contact sender of application to assist with
completion as needed.
• Send credit reference requests
• Obtain credit bureau report
• Forward application to manager via email for review
QUALIFICATIONS: Education and/or Experience
High School Diploma; College coursework in business preferred
1-2 years commercial AR experience
Customer service experience preferred
Who is Colonial Electric?
We are Colonial Electric Supply, the #1 supplier of commercial electrical and lighting
components in the tri-state area. That means we keep the lights on, the electricity flowing, and
the factories bright and humming.
Our Team - At 500 strong and growing, our team is the fastest and smartest in the lighting and
electrical supply business, with the most contracts because we love to win! If you've read this
far, we're betting you like to win too.
A Delightfully Simple Work Culture - You'll enjoy Colonial Electric because our workspaces and
people form a family culture-very different from the corporate world. We are always looking to
promote from within and due to our dedicated training team, many have been promoted within
the first year!
Work-Life Balance: We are privately-owned and led by men and women of strong character.
That means we value the health and happiness of the people who work with us. We've made
work-life balance a point of pride for 90 years. Back in 1925, we called it "respect." Everyone
who joins Colonial Electric is a respected member of our team.
Check Out Our Benefits
Medical Insurance - Choose between a traditional PPO and flexible health plan with a tax-free health savings account
- Comprehensive and affordable coverage
- Preventative care covered at 100%
- Access to the Blue Cross Blue Shield national network
Dental Benefits - Affordable coverage with annual exams, cleanings and x-rays covered at 100% and rollover benefits.
Vision Benefits - Get yearly eye examinations and buy new lenses, frames, and contacts. Or skip the glasses and enjoy special discounts on LASIK procedures! You'll have access to 70,000 provider locations across the U.S., including well-known retailers like Walmart and America's Best Glasses.
401(k) for Comfortable Retirement - Colonial Electric matches 25% of your contributions up to 6% of your annual earnings..