Accounts Receivable (AR) Manager

$100,000 - $135,000/Yr

A24.com - New York, NY

posted 2 months ago

Full-time
New York, NY
Professional, Scientific, and Technical Services

About the position

A24 is seeking an Accounts Receivable (AR) Manager who will be responsible for overseeing all aspects of the accounts receivable function within the organization. This role is crucial in ensuring timely and accurate invoicing, collection of outstanding receivables, reconciliation of accounts, and the implementation of effective AR policies and procedures. The AR Manager will play a key role in maintaining the financial health of the company by managing the cash flow through effective receivables management. The AR Manager will oversee the preparation and issuance of customer invoices across all business units, ensuring that all invoices are accurate and sent out in a timely manner. Monitoring the accounts receivable aging report to identify overdue accounts will be a critical part of the role, as will resolving disputes and discrepancies related to invoicing and payments. The manager will also be responsible for managing the month-end closing process for AR, which includes the reconciliation of the AR sub-ledger to the general ledger and the CECL calculation. In addition to these responsibilities, the AR Manager will review and analyze AR data to ensure accuracy and completeness, develop and implement AR policies and procedures, and continuously improve AR processes to enhance efficiency and accuracy. Maintaining positive and effective communication with customers regarding their accounts and addressing any customer inquiries promptly and professionally will be essential. The role also involves preparing regular AR reports for management, including aging reports, cash forecasts, and collection metrics, and working cross-functionally to streamline the AR and collections process. Collaboration with the finance team on cash flow management and forecasting will also be a key aspect of this position.

Responsibilities

  • Oversee the preparation and issuance of customer invoices across all business units.
  • Monitor the accounts receivable aging report to identify overdue accounts.
  • Resolve disputes and discrepancies related to invoicing and payments.
  • Manage the month-end closing process for AR, including reconciliation of AR sub-ledger to general ledger and CECL calculation.
  • Review and analyze AR data to ensure accuracy and completeness.
  • Develop and implement AR policies and procedures.
  • Continuously improve AR processes to enhance efficiency and accuracy.
  • Maintain positive and effective communication with customers regarding their accounts and address any customer inquiries promptly and professionally.
  • Prepare regular AR reports for management, including aging reports, cash forecasts, and collection metrics.
  • Work cross functionally to streamline the AR and collections process.
  • Collaborate with the finance team on cash flow management and forecasting.

Requirements

  • 6+ years of experience in accounts receivable or related financial roles.
  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  • Strong understanding of accounting principles and financial reporting.
  • Proficiency in accounting software and MS Office Suite.
  • Advanced Excel skills.
  • Excellent communication, negotiation, and interpersonal skills.
  • Strong analytical and problem-solving abilities.
  • Detail-oriented with a high degree of accuracy.
  • Motivated self-starter skilled in multitasking, time management, and strong organizational skills.
  • Humble, diligent and resourceful.

Nice-to-haves

  • Certified Public Accountant (CPA) or similar professional certification.
  • Knowledge of film and studio specific AR practices and regulations.

Benefits

  • Annual performance bonus, including both cash and equity components.
  • Competitive healthcare benefits.
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