What are the responsibilities and job description for the Accounts Receivable Manager position at Kforce Inc?
Responsibilities
Kforce's client, a Publicly Traded Financial Services Company located in Northern NJ is expanding and looking for an Accounts Receivable Manager to join their team. Summary: This person will manage the overall functions related to internal and external premium receivables including the status and age of all direct bill and agency billed balances, the relationships with third party collection vendors (collection agencies and collection attorneys) and minimizing bad debt write-offs. The Accounts Receivable Manager reviews monthly past due amounts, legal fees and charge-offs against established targets and/or budgets and ensures all are tracking as expected.
Requirements
We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.
Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.
This job is not eligible for bonuses, incentives or commissions.
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
By clicking “Apply Today” you agree to receive calls, AI-generated calls, text messages or emails from Kforce and its affiliates, and service providers. Note that if you choose to communicate with Kforce via text messaging the frequency may vary, and message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You will always have the right to cease communicating via text by using key words such as STOP.
Kforce's client, a Publicly Traded Financial Services Company located in Northern NJ is expanding and looking for an Accounts Receivable Manager to join their team. Summary: This person will manage the overall functions related to internal and external premium receivables including the status and age of all direct bill and agency billed balances, the relationships with third party collection vendors (collection agencies and collection attorneys) and minimizing bad debt write-offs. The Accounts Receivable Manager reviews monthly past due amounts, legal fees and charge-offs against established targets and/or budgets and ensures all are tracking as expected.
Requirements
- Degree in Accounting, Finance, Economics or Business
- 7-10 years of collection, settlement, and overall receivable management experience
- 5-7 years of managing a receivables unit and third-party collection firms
- 3-5 years working with the legal aspects of collections, including suits, judgments, and bankruptcies
- 1-3 years of P&C insurance experience preferred
- Management experience, including strategy development, performance appraisals, determining appropriate staffing levels and assigning job responsibilities to meet business needs
- Complete understanding of internal and external collections, dispute resolution and payment negotiation
- Thorough understanding of suits, judgments, and the bankruptcy process
- Leadership and mentoring
- Decision making and problem solving
- Excellent written and verbal communication
- Proficient in MS Office software
We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.
Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.
This job is not eligible for bonuses, incentives or commissions.
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
By clicking “Apply Today” you agree to receive calls, AI-generated calls, text messages or emails from Kforce and its affiliates, and service providers. Note that if you choose to communicate with Kforce via text messaging the frequency may vary, and message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You will always have the right to cease communicating via text by using key words such as STOP.
Salary : $100,000 - $120,000
