Director of Accounts Receivable - Hire Point Recruiting

Hybrid NYC

Job Overview:

The Director of Accounts Receivable will lead the management of collections, cash posting, and coordination of promotional marketing, rebate, and pricing programs. This role involves overseeing a team of 10+ while working closely with sales, customer service, and other departments to ensure accurate and efficient financial processes.

Key Responsibilities:

• Lead the team in managing collections, cash posting, and processing of deductions/disputes, while tracking progress against key performance indicators (KPIs).
• Collaborate with customer service and sales teams to resolve delinquent accounts, providing regular updates on collection status to the executive team.
• Oversee the setup of new customer accounts and establish credit terms.
• Work with sales and pricing teams to manage promotional, rebate, and price deviation programs for key accounts.
• Approve new initiatives within the trade management system and ensure proper configuration in the ERP system.
• Manage the validation and approval of customer program and broker commission payments.
• Review and reconcile customer program accruals on a monthly basis and analyze any significant variances.
• Assist with external audits by preparing relevant documentation and reports.
• Identify inefficiencies in processes or systems and implement improvements to enhance operations.
• Provide guidance on complex issues to foster a collaborative and efficient team environment.
• Perform ad-hoc analyses requested by management.
• Manage the hiring, development, and performance evaluation of team members.

Qualifications:

• Minimum of 7 years of experience in accounting, specializing in Accounts Receivable and customer programs.
• Strong knowledge of promotional marketing, rebate, and pricing structures.
• Comprehensive understanding of US GAAP and internal controls.
• Experience in balance sheet reconciliations and financial analysis.