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Accounts Receivable Manager

Revenova LLC
Chicago, IL Full Time
POSTED ON 1/22/2025
AVAILABLE BEFORE 4/14/2025

The Accounts Receivable Manager oversees the accounts receivable function to ensure accurate billing, timely collections, and reconciliation of customer accounts. This position is integral to maintaining cash flow, improving operational efficiency, and supporting financial reporting. The role involves independent decision-making, process improvement, and collaborating across teams to manage and optimize the accounts receivable lifecycle in alignment with SaaS industry practices.

Responsibilities

  • Manage the end-to-end accounts receivable process, including invoicing, collections, and reconciliation, ensuring compliance with company policies and SaaS-specific revenue recognition standards.
  • Analyze customer accounts, monitor aging reports, and develop strategies to optimize collections and reduce delinquency.
  • Collaborate with Sales, Customer Success, and Management teams to resolve billing disputes, ensuring customer satisfaction and timely payment resolution.
  • Establish and refine AR processes to improve efficiency, accuracy, and compliance with SaaS billing practices, including subscription-based revenue models.
  • Oversee credit assessments for new and existing customers, managing credit limits and risk exposure.
  • Review contracts and sales agreements to ensure accurate billing setup and compliance with revenue recognition policies.
  • Prepare monthly AR reports and metrics, including cash flow forecasts and DSO analysis, for presentation to leadership.
  • Partner with the Accounting team during month-end close to ensure proper revenue recognition and accurate AR-related journal entries.
  • Participate in system implementations and enhancements to improve AR automation and reporting capabilities.
  • Stay informed about SaaS industry trends and compliance requirements related to AR and revenue management.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • 5 years of accounts receivable or related experience, preferably within the SaaS or cloud-based applications industry.
  • Strong understanding of SaaS billing models, subscription revenue recognition, and ASC 606 compliance.
  • Proficiency in financial systems and AR automation tools; experience with Salesforce is preferred.
  • Advanced Excel skills, including data analysis and financial modeling.
  • Excellent analytical and problem-solving abilities with a focus on process improvement.
  • Strong communication skills to interact effectively with customers, internal teams, and leadership.
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
  • Benefits : Join our dynamic and growing company to work with cutting-edge technology in a collaborative and supportive environment. We offer a competitive salary; comprehensive benefits package, and opportunities for professional growth and development. If you are passionate about technology and dedicated to delivering exceptional client support, we invite you to apply and become an integral part of our team. To Apply : Please submit your resume and cover letter detailing your relevant experience and why you are a good fit for this role to our applicant tracking system (https : / / revenova-llc.careerplug.com / account).

    Compensation : $80,000.00 - $90,000.00 per year

    Revenova is the industry's leading provider of CRM-Powered Transportation Management Systems (TMS) for freight brokers, 3PL / 4PLs, carriers and shippers. RevenovaTMS, developed natively on the Salesforce.com platform, delivers multi-modal transportation management system (TMS) functionality on top of the world's #1 cloud platform for customer relationship management (CRM) and business applications.

    Salary : $80,000 - $90,000

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