Accounts Receivable Manager

Position Summary

The Accounts Receivable Manager is responsible for overseeing all aspects of the accounts receivable function, ensuring accurate and timely collection of payments, managing customer accounts, and maintaining strong financial controls. This role requires a blend of leadership, analytical skills, and customer service excellence. The Accounts Receivable Manager will lead a team, implement process improvements, and ensure the company's receivables are managed efficiently and effectively.

Key Responsibilities

• Accounts Receivable Operations: Oversee the full accounts receivable process, including invoicing, payment processing, account reconciliation, and collections. Ensure that all receivables are accurately recorded and collected in a timely manner.
• Team Leadership: Lead, mentor, and develop the accounts receivable team, providing guidance and support to ensure high performance. Foster a collaborative and results-driven work environment.
• Collections Management: Develop and implement effective collections strategies to minimize outstanding receivables and reduce the risk of bad debt. Work closely with customers to resolve payment issues and disputes.
• Customer Account Management: Maintain strong relationships with customers, ensuring their accounts are managed effectively. Monitor customer credit limits and payment terms, and address any issues proactively.
• Reporting and Analysis: Prepare and present accounts receivable reports and metrics to management. Provide analysis on aging receivables, payment trends, and cash flow impact.
• Process Improvement: Identify opportunities for process improvements within the accounts receivable function. Implement best practices to enhance efficiency, accuracy, and control.
• Compliance and Controls: Ensure compliance with company policies, accounting standards, and regulatory requirements. Maintain and enhance internal controls to safeguard the company's assets and ensure the integrity of financial data.
• System Management: Oversee the accounts receivable systems and software, ensuring they are functioning effectively. Collaborate with IT and other departments to implement system upgrades or changes as needed.
• Audit Support: Coordinate with internal and external auditors to provide necessary documentation and support during audits. Ensure that audit findings are addressed and corrected promptly.
• Cross-Functional Collaboration: Work closely with other departments, such as sales, finance, and operations, to ensure alignment and efficiency in financial processes.
  
  

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• A minimum of 5-7 years of experience in accounts receivable, with at least 2-3 years in a supervisory or management role.
• Strong knowledge of accounting principles and accounts receivable processes.
• Experience with accounting software and ERP systems (e.g., SAP, Oracle, QuickBooks).
• Excellent leadership and team management skills.
• Strong analytical and problem-solving abilities.
• High attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work under pressure and meet tight deadlines.
  
  

Preferred Qualifications

• Certified Credit Executive (CCE) or Certified Professional Accountant (CPA) designation.
• Experience in [specific industry or sector].
• Proficiency in Microsoft Excel and other financial reporting tools.
  
  

Compensation

Competitive salary and benefits package, commensurate with experience.