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MassDevelopment

Accounts Receivable Coordinator

About MassDevelopment:

Massachusetts Development Finance Agency (MassDevelopment), the state’s development finance agency and land bank, works with businesses, nonprofits, banks, and communities to stimulate economic growth across the Commonwealth. During FY2021, MassDevelopment financed or managed 416 projects generating investment of more than $1.86 billion in the Massachusetts economy. These projects are estimated to create or support 6,578 jobs and build or preserve 1,909 housing units.

Why join our team?

MassDevelopment is committed to achieving three goals: stimulating business, driving economic growth, and helping communities across Massachusetts. Join our team of dedicated professionals to help drive our mission and make a meaningful impact in the communities we live and work in. MassDevelopment fosters a diverse and inclusive workplace and encourages all qualified applicants, including minorities, women, protected veterans, and individuals with disabilities, to apply.

Our total rewards package offers many generous benefits, including:

  • Premium Medical and Dental Coverage
  • Employer Contributions to Retirement Savings Plans
    • 7.5% employer contribution into a 401(a) Defined Contribution Plan; 457(b) (with employer match up to 5%)
  • Flexible Spending Accounts (FSAs)
  • Employer-Paid Short- and Long-Term Disability
  • Paid Parenting Leave
  • Paid Time Off
  • 12 Paid Holidays
  • Fitness/Wellness Reimbursement
  • Tuition Reimbursement
  • Matching Gifts
  • Transportation Reimbursement
  • Variety of Hybrid Work Opportunities

Take the next step in your career!  

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Job Summary:

MassDevelopment is accepting applications for an Accounts Receivable Coordinator in our Finance and Accounting Department. This position will be a hybrid model, with a combination of remote work and in-office work located in Devens.  

The Accounts Receivable Coordinator is responsible for agency collections, daily cash deposits and postings, preparation of invoices, and month-end A/R reports. To be successful in this role, the person will manage their assigned portfolio with a strong emphasis on effective and timely communication with customers, customer assistance, dispute resolution, invoice auditing, adjustment processing, forecasting of collection, and other reporting as required.

Essential Functions: 

  • Responsible for the daily collection of all accounts receivable at the agency and for affiliated entities.
  • Maintain customer databases.
  • Contact customers for collection on delinquent accounts.
  • Work in conjunction with various departments to resolve collection issues.
  • Prepare adjustments, bad debt write-offs, refunds, or rebill accounts as needed.
  • Maintain accounts receivable past-due aging reports.  
  • Receive and post daily cash receipts and prepare daily bank deposits.
  • Prepare monthly and quarterly invoices to customers.
  • Coordinate monthly utility billing and collections with utility department.
  • Coordinate quarterly billing and collection of real estate taxes and Municipal Service Fees (MFS) for Devens.
  • Other duties may be assigned consistent with the position.

Minimum Qualifications:

  • Associate degree in accounting or finance, or related field.
  • 3 years of work experience in accounts receivable and credit and collections in a large organization.  
  • Combination of experience and education.
  • Excellent verbal and written communication skills.
  • Attention to detail and extreme accuracy.
  • Working knowledge of cash application procedures and how they tie into managing the accounts receivable portfolio.
  • Proven ability to prioritize and meet deadlines.
  • Accurate word processing / data entry skills.
  • Proficiency in spreadsheet applications, including Excel and Word.

Preferred Qualifications:

  • Bachelor’s degree in accounting or finance, or related field.
  • Experience working with municipalities or state government.
  • Knowledge of automated accounting and database management systems (UMS utility software, Vadar real estate tax software, Kelly & Ryan excise tax software) and Great Plains general ledger system or general ledger system equivalent.
  • Bilingual a plus.

Equal Opportunity Employer:

MassDevelopment is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, ancestry, age over 40, protected veteran status, disability, sexual orientation, gender identity/expression, marital status, or other protected class.

Interested candidates should click on the link below to apply:

apply here