Accounts Receivable Specialist

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 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 work-in-progress, and customer requirements. Partner with Project Managers and Project Accountants to ensure billing aligns with project progress, approved change orders, and contractual milestones. Serve as the escalation point for complex billing issues, disputed invoices, short payments, and delayed payments. Manage lien waivers, preliminary notices, and compliance documentation to support timely payment release. Ensure lien releases are executed upon payment and maintained in accordance with contract and regulatory requirements.