Accounts Receivable (AR) Manager

• Pay: $65k-$85k per year
• Medical, Dental, and Vision health insurance elections
• 401K with a 4% company match
• Basic Life Insurance, Long Term Disability Insurance, and AD&D Insurance offered at no cost
• Voluntary STD, Life, Accident coverage, Hospital Indemnity, and Identity Theft
• Supplemental Life Insurance, Short Term Disability Insurance, and Accident Insurance available
• Safety Equipment provided
• Weekly Pay
• Pay Card option
• Online pay stub access
• 24-7 office support

• Manage Accounts Receivable Team: Lead, train, and mentor a team of AR professionals, ensuring adherence to company policies and procedures. Provide performance feedback and development opportunities for team members.
• Invoicing & Billing: Oversee the accurate and timely creation and issuance of customer invoices, ensuring compliance with contractual terms and conditions.
• Collections & Cash Application: Develop and execute a proactive collections strategy. Follow up on overdue accounts and resolve customer disputes. Ensure that payments are correctly applied to customer accounts.
• Account Reconciliation: Regularly review and reconcile customer accounts to ensure accuracy and resolve discrepancies. Work with other departments to investigate and resolve billing issues.
• Cash Flow Management: Monitor and analyze AR aging reports, identifying any potential issues with outstanding balances. Provide recommendations to improve cash flow and reduce DSO (Days Sales Outstanding).
• Reporting & Analysis: Prepare and present regular AR reports to senior management, highlighting key metrics such as aging reports, collection effectiveness, and bad debt provisions.
• Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of the AR function. Ensure compliance with internal controls and accounting standards.
• Customer Relationship Management: Maintain positive relationships with key customers and internal stakeholders. Act as a point of escalation for customer issues related to billing and payments.

• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Experience:
  • Minimum of 5 years of experience in Accounts Receivable or Finance.
  • At least 2 years of experience in managing a team and improving AR processes.
  • Strong understanding of accounting principles, billing, and collections procedures.
  • Proven experience (at least 2 years of experience) in invoicing, revenue recognition, and customer relationships
  • Strong understanding of billing processes, and revenue recognition principles
• Technical Skills:
  • High proficiency in accounting software (e.g, SAP, QuickBooks) and Microsoft Excel.
  • Experience with AR automation tools and ERP systems is a plus.
• Skills:
  • Excellent leadership and team management skills.
  • Strong analytical and problem-solving abilities.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Last updated on Dec 6, 2024