What are the responsibilities and job description for the TVB Account Receivables Manager (FESCO / TruVolt Brands) position at The Fesco Group?
- Account Receivables Manager ($90,000 - $120,000 annual base salary based on skills, experience and perceived potential impact on our business).
- This is a fully on-site role within our headquarter offices in Jersey City, New Jersey. We do not have the budget for this position to relocate candidates, nor to sponsor any candidate for work visas.
- All candidates must submit a resume and have demonstrated experience working in Accounts Receivable for 5 years within a company that sells consumer products B2B with major US national retailers.
TruVolt Brands is looking for an Accounts Receivable Manager to join its dynamic and growing team of top professionals that manufacture and sell Amazon 1P, DTC and B2B, state-of-the art home, garden and landscaping equipment. Think green! Think electric and battery powered snow blowers, lawnmowers, pressure washers and chainsaws. TruVolt carries over 700 products, all of the Snow Joe brands and recently acquired Jetson (which currently produces the number 1 selling e-bicycle in the US) Shop Joe Brands: Snow Joe®, Sun Joe®, Aqua Joe®, Auto Joe® , Electric Bikes, Scooters, Hoverboards and More (ridejetson.com).
Our people have powered TruVolt’s mission: to disrupt historically gas-driven market sectors with top-quality, reliable, and easy-to-use innovations that are both affordable and eco-conscious, and to deliver these solutions to our customers with prime-like speed. Our team is passionate, driven, collaborative, intellectually curious, and excited about the opportunity to transform our respective industries. We strive to continuously learn, explore, experiment, and achieve results.
The ideal teammate is responsible for:
- Reconcile daily assignment to factor to ensure no invoice is missed.
- Alert IT team any EDI issue detected.
- Reconcile factor’s open AR balance against open balance per customer.
- Review AR aging report weekly on past due balances.
- Follow up personally on major customers.
- Direct India team to contact smaller customers.
- Follow up with open invoices on ‘unprocessed’ status or yet to be approved by customer for payment.
- Investigate root causes of delays in approval.
- Review AR aging report weekly on past due balances.
- Update banking instruction to remove old factor account still used by certain customers.
- Review credit risk of major customers.
- Request approval for credit hold on delinquent accounts.
- Request increased credit limit from factor.
- Assist with third party financing projects to expedite collection.
- C2FO
- Chase SCF
Minimum Qualifications:
- 5-10 years’ experience working with CPG retailers on billing and collection matters.
- Familiarity with navigating customer’s web portal to find information.
- Excel skills for reconciliation purposes
- Verbal/written communication skills and critical thinking skills
- Ability to multitask and meet deadlines
Salary : $90,000 - $120,000
