Accounts Receivable Manager at Creative Financial Staffing

Accounts Receivable Manager

About the company:

• Company has been in business for over 40 years.
• Has expanded to include multiple entities.
• Opportunity to grow with the organization as they expand and take on more responsibilities.
• Exciting time for the organization with a management team committed to creating a flourishing environment.
• Competitive compensation & benefits package!
• Hybrid schedule after the training period.

Responsibilities:

• Manage the accounts receivable process, including invoicing, payment collections, and reconciliations.
• Supervise and guide the accounts receivable team, including setting performance goals, conducting regular performance evaluations, and promoting professional development.
• Develop and implement effective credit and collection policies (Improve DSO) and procedures to minimize delinquencies and improve cash flow.
• Oversee the accurate and timely application of incoming payments to customer accounts.
• Reconcile discrepancies and work with the finance team to resolve payment-related issues.
• Review and analyze customer credit applications and conduct credit checks to assess creditworthiness and determine appropriate credit limits.
• Monitor aging reports and follow up on overdue accounts to ensure timely payment collections.
• Resolve customer billing issues and disputes, working closely with the sales and customer service teams to address concerns and find appropriate resolutions.
• Collaborate with the finance and accounting teams to ensure accurate recording and reporting of accounts receivable transactions.
• Prepare regular reports and analyses on accounts receivable activities, including collection performance, aging reports, and insufficient debt reserves.
• Establish and maintain strong customer relationships, responding to inquiries and providing exceptional customer service.
• Stay up to date with best practices and regulatory requirements for accounts receivable management.
• Work closely with the Sales, Account Management, Business Development, and Finance departments to address customer queries/concerns and improve cash flow.
• Set performance goals and conduct regular performance reviews to ensure team effectiveness.
• Foster a collaborative and positive work environment within the AR department.

Desired qualifications:

• Bachelor's degree in accounting, Finance, or a related field.
• Proven experience in accounts receivable management, preferably in a supervisory or managerial role.
• Proficiency in using accounting software, preferably SAP S4 Hana and Microsoft Office Suite.