Accounts Receivable Controller

$45,490 - $84,469/Yr

Aristocrat - Las Vegas, NV

posted 4 months ago

Full-time - Mid Level
Las Vegas, NV
5,001-10,000 employees
Merchant Wholesalers, Durable Goods

About the position

The Accounts Receivable Controller plays a key role in the financial stability of an organization by managing overdue accounts and ensuring timely payment from customers. This position requires a proactive and assertive individual with strong negotiation skills and a firm understanding of credit and collections processes. The Accounts Receivable Controller works closely with customers and internal stakeholders including Sales and Commercial Finance to resolve outstanding debts while maintaining positive relationships and adhering to company policies and legal requirements. The role covers the Americas region and involves various responsibilities that contribute to the overall financial health of the organization. Key responsibilities include monitoring accounts receivable to identify overdue payments and delinquent accounts, ensuring timely follow-up with customers. The position also involves collections activities, where the controller contacts customers via phone calls, emails, and letters to remind them of outstanding balances and negotiate payment arrangements. Payment processing is another critical aspect, requiring the controller to process payments received from customers and allocate them to the appropriate accounts while maintaining accurate documentation of all collection activities. Dispute resolution is essential, as the controller must address customer inquiries, disputes, and complaints related to billing or payment issues, investigating discrepancies and working with internal teams to resolve issues promptly. Effective customer communication is vital, as the controller must maintain open lines of communication with customers to assist in resolving payment issues while building rapport and trust. Reporting and documentation are also key responsibilities, with the controller preparing regular reports on collection activities and maintaining detailed records of communication with customers. The role requires collaboration with internal teams, including GL, finance, Sales, and Sales Operations, to share information and coordinate efforts in managing collections activities. Additionally, the controller must ensure compliance with relevant laws and regulations governing collections practices and adhere to company policies regarding data privacy. Fraud protection is also a responsibility, requiring the controller to conduct fraud protection calls to vendors on changes to bank information and new vendor establishment.

Responsibilities

  • Monitor accounts receivable to identify overdue payments and delinquent accounts.
  • Contact customers via phone calls, emails, and letters to remind them of outstanding balances and negotiate payment arrangements.
  • Process payments received from customers and allocate them to the appropriate accounts.
  • Address customer inquiries, disputes, and complaints related to billing or payment issues.
  • Maintain open and effective communication with customers to provide assistance and support in resolving payment issues.
  • Prepare regular reports on collection activities, including account aging analysis, payment trends, and collection effectiveness.
  • Collaborate with finance and accounting teams to contribute valuable insights and data for accurate bad debt estimations.
  • Ensure compliance with relevant laws, regulations, and industry standards governing collections practices.
  • Collaborate with internal teams, including GL, finance, Sales, and Sales Operations, to share information and coordinate efforts in managing collections activities.
  • Conduct fraud protection calls to vendors on changes to bank information and new vendor establishment.

Requirements

  • Bachelor's degree in finance, business administration, or related field preferred.
  • A minimum of 5 years of experience in a similar role across any industry.
  • Previous experience in collections, accounts receivable management, or a related financial role.
  • Strong negotiation and communication skills, with the ability to interact effectively with customers and internal stakeholders in a professional and empathetic manner.
  • Proficiency in using computer systems and software applications for data entry, payment processing, and report generation.
  • Attention to detail and accuracy in maintaining records and documentation of collections activities.
  • Ability to work independently and prioritize tasks in a fast-paced environment while meeting deadlines.
  • Knowledge of relevant laws, regulations, and compliance requirements related to collections practices.
  • Experience with customer relationship management (CRM) software and collections management systems is a plus.
  • Some experience in continuous improvement techniques (Lean, TPM, Kaizen).
  • Built strong and broad internal and external stakeholder relationships, preferably with Sales team stakeholder management.
  • Demonstrated experience in line with technical and leadership competencies.
  • ERP Systems experience is essential.

Nice-to-haves

  • Experience with customer relationship management (CRM) software and collections management systems is a plus.
  • Some experience in continuous improvement techniques (Lean, TPM, Kaizen).
  • Built strong and broad internal and external stakeholder relationships, preferably with Sales team stakeholder management.

Benefits

  • Robust benefits package
  • Global career opportunities
  • Flexible working options through all.flex, the flexible hybrid work model.
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