Accounts Receivable Manager

Overview

Title of Position: AR Manager

FSLA: Exempt

Location: Fairless Hills, PA Main Office

Offering Industry Leading Benefits: Medical, Prescription, Dental, Vision, 401K, Pension, Short- and Long-Term Disability, Life Insurance, Tuition Reimbursement.

Grow with us! Silvi Materials has been working on expanding our “A” Team of employees since 1947! Our team has grown to 13 companies employing over 700 employees at 24 locations across New Jersey and eastern Pennsylvania. Silvi is large enough to provide the stability you need, but small enough that you can feel your individual contribution to our success. We value the fresh ideas and perspective of each new member of our team. This full-time position is based in our main office in Fairless Hills, PA just outside of Philadelphia, PA.

What does Silvi Materials offer you, you may ask?

• Phenomenal Benefits: Medical, Vison, Dental, Prescription, Vacation, Paid Holidays and so much more!
• Your future in mind: With 401(k) (at select locations) and/or pension options. We want all employees to build for a great retirement!
• Growth at Silvi Materials: Growth at Silvi Materials: We offer each employee the opportunity to move into any facet of our complex business. And our tuition reimbursement program is the perfect springboard to help you get there!

So, what does an AR Manager do here at Silvi Materials?

You'll be an integral part of our overall Accounting team:

Monitor and Review Accounts Receivable:

· Regularly review outstanding accounts receivable to keep senior management properly informed of AR balances and past due accounts.

· Review accounts deemed necessary for liens and litigation. Monitor legal actions with outside counsel. .

Client Outreach and Resolution:

· Contact clients with past-due balances to identify the reasons for the delay and propose acceptable payment resolutions while maintaining positive client relationships.

Billing Operations Management:

· Oversee the end-to-end billing process, including invoice generation, distribution, and tracking.

· Ensure timely and accurate invoicing in accordance with company policies . Monitor billing discrepancies and resolve issues promptly.

Data Management:

· Manage and maintain the billing database to ensure data integrity and accuracy.

· Analyze billing data to identify trends, inefficiencies, and opportunities for improvement.

Team Leadership:

· Lead, mentor, and develop the billing team to achieve departmental goals.

· Oversee support and develop our team of two (2) Accounts Receivable Collector and Credit Clerk.

· Assign tasks, set priorities, and monitor team performance.

· Foster a collaborative and customer-focused team culture.

Stakeholder Collaboration:

· Work closely with finance, sales, and operations teams to align billing processes with organizational objectives.

· Address key client inquiries and concerns related to billing and payment.

· Collaborate with external auditors and consultants as needed.

Process Improvement:

·Continuously evaluate and improve billing processes to enhance efficiency and customer satisfaction.

• Implement best practices and leverage technology to streamline operations.
• Prepare and present regular reports on billing performance metrics.

Credit Risk Assessment:

· Evaluate the creditworthiness and risk profile of new clients and matters to mitigate financial exposure, applying thorough due diligence and risk management practices.

Maintain Accurate Collection Records:

· Ensure collection notes and client payment histories are documented and updated, providing a clear audit trail and supporting effective collection strategies.

Qualifications Required:

• Bachelor’s degree in Accounting, Finance, or a related field (required).
• Strong understanding of credit risk analysis and collections strategies.
• At least 5-7 years’ experience in AR, billing, credit management and collections, preferably in a mid to large size corporate accounting, preferably in AR/Credit/Collections and preferably additional experience.
• Experience in construction, concrete, and/or manufacturing highly preferred but not required.
• Thrives in a fast paced and high-volume environment.
• Must show a proven track record for achieving month end goals & meeting deadlines.
• Strong understanding of credit risk analysis and collections strategies.
• Proficient in Microsoft Excel and accounting software (preferably Microsoft Dynamics)
• Proficiency in Microsoft D365 and Salesforce (preferred).
• Excellent written, oral and presentation skills.
• Experienced with ERP systems.
• Valid Drivers License

Physical Requirements

In a typical work setting, people in this job:

• Lift 20 pounds regularly.
• Use one or two hands to grasp, move, or assemble objects
• Stand for long periods of time.
• Kneel, stoop, crouch, bend, stretch, twist or crawl.
• Hear sounds and recognize the difference between them.
• See details of objects that are less than a few feet away.
• See differences between colors, shades, and brightness.

Silvi Materials does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.