Account Receivable Manager

$55,000 - $65,000/Yr

Paper Enterprises

Full-time - Mid Level

Merchant Wholesalers, Nondurable Goods

About the position

We are seeking a detail-oriented and experienced Accounts Receivable Manager to oversee our A/R operations related to incoming payments and revenue collection. This role is crucial in ensuring the accuracy of our financial records and maintaining healthy cash flow. The ideal candidate will have a strong background in accounts receivable, revenue cycle management, and corporate accounting, with a keen understanding of Collecting and Distribution accounting practices.

Responsibilities

• Manage a staff consisting of 2 collectors, a cash applicator and a part time credit coordinator.
• Maintain proactive partnerships with the Sales, Customer Service, and Distribution organizations to enhance customer relationships, credit capacity, resolve disputes, and minimize exposure, improve collections.
• Determine credit worthiness of new and existing accounts, approve credit limits in conjunction with Company policy.
• Oversee the collection effort, deciding appropriate collection techniques, including telephone, use of salesperson, personal meetings, final demands and use of outside collection professionals.
• Establish procedures and direct the handling and processing of cash application, customer deduction and short pay process and resolution on a timely basis.
• Assure interdepartmental processes relating to the Company's Accounts Receivable assets are properly managed and controlled.
• Communicate and keep supervisor informed on all matters.
• Oversee the reconciliation of customer balances and personally handle the Network relationship and monthly account reconciliation.
• Develop, interpret and maintain effective controls, assess policies, and systems to ensure compliance, control expenses, and provide state-of-the-art processing and reporting.
• Create effective management information reports to assess the quality of receivables and credit.
• Identify, negotiate, and oversee credit card processing services for best rate and quickest payments.
• Hire, direct, train, instruct and motivate proficient staff.
• Review staff performance and discipline and recommend terminations when appropriate.
• Recommend accounts to be put in for collection timely.
• Forecast receivable levels, cash collections, and DSO.
• Coordinate with the Controller's department to establish reserve levels, write-offs, and reconciliations.
• Maintain knowledge of efficient cash collection methods, coordinate with the Controller and cash applicator to research and recommend such methods.
• Participate in the regional and industry credit organizations.
• Handle any other duties and responsibilities as assigned.

Requirements

• Minimum 10 years' experience in Credit, Collections, and Accounts Receivable, preferably in the wholesale food service or distribution business or related industry.
• Minimum of five years supervisory experience.
• Bachelor's degree in accounting, finance or related field.
• Expertise in business and credit law.
• Proven experience in accounts payable, debits/credits, account reconciliation, and financial services.
• Familiarity with distribution processes and terminology is highly desirable.
• Strong analytical skills with attention to detail and accuracy.
• Excellent communication skills, both verbal and written.
• Ability to work collaboratively in a team environment while managing multiple priorities effectively.
• Proficiency in accounting software and Microsoft Office Suite.

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance