Accounts Receivable Associate at Detector Electronics LLC – Minneapolis, Minnesota
About This Position
About Us:
Det-Tronics is a $200M global technology leader in industrial life safety solutions, specializing in high-end flame and gas detection and automation control systems. As part of Spectrum Safety Solutions—with 1,500 employees across 20+ countries—we serve mission-critical environments in oil & gas, clean energy, marine, and infrastructure. Backed by Sentinel Capital Partners, we’re driving innovation and growth across our portfolio.
The Opportunity
We are seeking a highly motivated and detail-oriented Accounts Receivable (AR) Associate to join our dynamic team. In this role, you will be responsible for managing collections, performing account reconciliations, and ensuring the accuracy of customer payments and billing activities. This position is ideal for candidates with 3-5 years of hands-on experience in accounts receivable, collections, and account reconciliation. A background in accounting or finance is preferred.
Key Responsibilities:
Collections Management:
- Proactively manage and follow up on outstanding customer invoices.
- Contact customers to resolve any overdue accounts and ensure timely payments.
- Develop and maintain strong relationships with customers to facilitate timely resolution of billing issues.
- Identify and escalate accounts at risk of delinquency to the AR/AP Manager.
Account Reconciliation:
- Reconcile customer accounts to ensure all payments, credits, and invoices are accurately recorded.
- Investigate and resolve discrepancies between customer records and internal accounting records.
- Prepare monthly aging reports and assist in identifying potential collection issues.
Billing and Invoice Review:
- Ensure that all invoices are accurate, processed in a timely manner, and comply with company policies.
- Collaborate with internal departments (Sales, Customer Service, etc.) to resolve billing discrepancies.
Cash Application:
- Accurately apply customer payments to the appropriate accounts, including researching and resolving payment discrepancies.
Reporting and Documentation:
- Assist in preparing weekly, monthly, and quarterly reports on accounts receivable aging, cash flow, and collections performance.
- Maintain detailed records of communication and collection efforts.
- Complete Lien Waivers and Vendor ACH forms
Collaboration:
- Work closely with cross-functional teams (Sales, Customer Service, and Finance) to ensure seamless resolution of customer billing issues.
- Assist the AR/AP Manager with month-end and year-end closing procedures.
What You Bring
Required Qualifications:
- 3-5 years of experience in accounts receivable, collections, and account reconciliation.
- Bachelor’s degree in accounting, finance, or a related field preferred.
Preferred Qualifications:
- Experience working in a manufacturing or industrial environment is a plus.
- Experience working in a manufacturing or industrial setting.
- Familiarity with ERP systems, specifically in an accounts receivable context.
- Knowledge of relevant financial regulations and best practices.
- Strong understanding of accounts receivable processes, including collections, cash application, and account reconciliations.
- Proficient in Microsoft Excel, Word, Power Point; experience with accounting software (e.g., SAP, Oracle, QuickBooks) is preferred.
- Excellent communication skills, both written and verbal, with the ability to interact professionally with customers and internal teams.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Detail-oriented with strong analytical and problem-solving skills.
- Strong organizational skills and ability to work independently.
Why Join Us?
- Work with a globally respected brand in life safety
- Influence strategic decisions at the executive level
- Drive innovation and transformation in a high-growth environment
- Enjoy development opportunities within a dynamic, private equity-backed company
Benefits:
At Det-Tronics, we believe in taking care of our people.
Our comprehensive benefits package includes:
- Health & Wellness: Medical, dental, and vision insurance plans with company contributions
- Financial Security: 401(k) retirement plan with company match, life and disability insurance
- Time Off: Generous paid time off (PTO), holidays, and flexible scheduling options
- Professional Growth: Career development programs, training opportunities, and tuition reimbursement
- Employee Support: Employee Assistance Program (EAP), wellness resources, and global mobility support
- Ownership Culture: Participation in our Ownership Program, empowering employees to share in our success
Ready to shape the future of industrial safety? Apply now and join us in making every life safe and sound.