Accounts Receivable Manager

Details of the offer

Accounts Receivable Manager About the company: Company has been in business for over 40 years. Has expanded to include multiple entities. Opportunity to grow with the organization as they expand and take on more responsibilities. Exciting time for the organization with a management team committed to creating a flourishing environment. Competitive compensation & benefits package! Hybrid schedule after the training period. Responsibilities: Manage the accounts receivable process, including invoicing, payment collections, and reconciliations. Supervise and guide the accounts receivable team, including setting performance goals, conducting regular performance evaluations, and promoting professional development. Develop and implement effective credit and collection policies (Improve DSO) and procedures to minimize delinquencies and improve cash flow. Oversee the accurate and timely application of incoming payments to customer accounts. Reconcile discrepancies and work with the finance team to resolve payment-related issues. Review and analyze customer credit applications and conduct credit checks to assess creditworthiness and determine appropriate credit limits. Monitor aging reports and follow up on overdue accounts to ensure timely payment collections. Resolve customer billing issues and disputes, working closely with the sales and customer service teams to address concerns and find appropriate resolutions. Collaborate with the finance and accounting teams to ensure accurate recording and reporting of accounts receivable transactions. Prepare regular reports and analyses on accounts receivable activities, including collection performance, aging reports, and insufficient debt reserves. Establish and maintain strong customer relationships, responding to inquiries and providing exceptional customer service. Stay up to date with best practices and regulatory requirements for accounts receivable management. Work closely with the Sales, Account Management, Business Development, and Finance departments to address customer queries/concerns and improve cash flow. Set performance goals and conduct regular performance reviews to ensure team effectiveness. Foster a collaborative and positive work environment within the AR department. Desired qualifications: Bachelor's degree in accounting, Finance, or a related field. Proven experience in accounts receivable management, preferably in a supervisory or managerial role. Proficiency in using accounting software, preferably SAP S4 Hana and Microsoft Office Suite.


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