Accounts Receivable Manager

$60,000 - $70,000/Yr

Robert Half - Duluth, GA

posted about 2 months ago

Full-time - Mid Level
Duluth, GA
Administrative and Support Services

About the position

The Accounts Receivable Manager position at a well-respected manufacturing company in Duluth, Georgia, focuses on overseeing and managing the Accounts Receivables, Cash Posting, Banking, and other credit and collection management functions. This role is crucial for ensuring that the accounts receivable processes effectively support the overall business operations. The manager will collaborate closely with Sales and other management peers to gain a comprehensive understanding of the order-to-cash processes, ensuring that the AR function aligns with the company's objectives. In this position, the Accounts Receivable Manager will supervise a team of credit and collections staff, ensuring that accounts are maintained accurately and in a timely manner. The manager will establish and uphold collaborative relationships with Sales and other management functions to understand key customers, dealer relationships, and special customer account agreements. Excellent customer service and positive customer relationships are paramount, and the manager will be responsible for successfully collecting receivables while making strategic recommendations on AR strategy and portfolio reduction. The role also involves monitoring receivables data, communicating with sales management regarding risk analysis and mitigation, and making recommendations for write-offs and bad debt collections. The manager will collaborate with other departments to improve the order-to-cash processes and will manage the day-to-day supervision of the credit and collections staff, ensuring that all credit and collection deadlines are met. Additionally, the manager will establish processes for timely posting of all cash and credit card purchases, manage collections for Dealer Accounts, and oversee banking relationships related to credit and collections activities.

Responsibilities

  • Oversee a team of credit and collections staff to ensure AR accounts are maintained accurately and timely.
  • Establish and uphold collaborative relationships with Sales and other management functions to understand key customers, dealer relationships, and special customer account agreements.
  • Supervise the credit and collections staff, ensuring excellent customer service and positive customer relationships while successfully collecting receivables.
  • Make recommendations on AR strategy and portfolio reduction; ensure collections efforts maintain average DSO within assigned target.
  • Monitor receivables data and communicate with sales management on risk analysis and mitigation, recommendations for write-offs, bad debt collections.
  • Collaborate with other departments to improve order-to-cash processes.
  • Manage day-to-day supervision of the credit and collections staff, ensuring all credit and collection weekly deadlines are met.
  • Establish processes to ensure timely posting of all cash and credit card purchases.
  • Manage collections for Dealer Accounts.
  • Manage banking relationships in regard to credit and collections activities and issues.
  • Manage AR Aging analysis; maintain weekly dashboard report; conduct AR forecast.

Requirements

  • Bachelor's degree in finance, accounting, or related field is preferred.
  • A minimum of five years of experience in a similar role is preferred.
  • Proficiency in Billing Functions and Cash Activity is required.
  • Experience with Collection Processes is essential.
  • Proficiency in Microsoft Excel is a must.
  • Experience in Cash Applications and Cash Management is essential.
  • Familiarity with Collections and Collections - Commercial is required.
  • Experience in managing Bank Relations is a plus.
  • Knowledge of applicable laws and regulations related to accounts receivable is required.
  • Strong communication and interpersonal skills are necessary.
  • Excellent organizational and multitasking abilities.

Nice-to-haves

  • Experience in managing Bank Relations is a plus.

Benefits

  • 401(k)
  • Dental insurance
  • Disability insurance
  • Vision insurance
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