Accounts Receivable Supervisor

Monster Beverage - Corona, CA

Full-time - Mid Level

Corona, CA

Beverage and Tobacco Product Manufacturing

About the position

The Accounts Receivable Supervisor plays a crucial role in overseeing the Collections and Cash Receipts processes within the Accounts Receivable (AR) Department. This position is responsible for ensuring that collections of unpaid invoices are conducted in a timely manner, and that any issues are escalated to upper management as necessary. The supervisor will also ensure that Cash Receipts are posted and reconciled according to established standard operating procedures. The primary duties of this role include close supervision of the day-to-day operations of the Collections and Cash Receipts staff, working cross-functionally to resolve open items, and managing various Accounts Receivable projects. In this role, the supervisor will provide general oversight of the Collections and Cash Receipts staff, which includes determining individual and departmental goals, assessing and prioritizing workload, and setting deadlines. The supervisor will conduct interviews with managers, review and approve timesheets, and address first-level personnel issues. Additionally, the supervisor will review Cash Receipts postings to ensure they align with bank account statements, verifying the accuracy of bank deposits. The Accounts Receivable Supervisor will evaluate existing processes and implement changes to enhance efficiency. They will participate in or release orders according to their limits of authority and provide status updates on customer accounts as needed. The role also involves updating Power BI, running reports from SAP and other external sources, and preparing various AR monthly reports, including Days Sales Outstanding (DSO), AR general ledger account reconciliations, and other analytics as required. The supervisor will ensure timely updates of department Standard Operating Procedures (SOPs) and review them for accuracy. They will also conduct SAP Quality Assurance testing for changes and upgrades as necessary. Coordination and hosting of meetings with customers and various internal employees will be part of the role to expedite the collection of unpaid invoices. The supervisor will escalate collection issues to Accounting Management according to the established escalation policy and manage various Accounts Receivable projects and initiatives, such as cleaning up aged items in Accounts Receivable. Furthermore, the supervisor will provide support to Accounting Management and participate in ad hoc projects as required.

Responsibilities

• Oversee the Collections and Cash Receipts processes within the AR Department.
• Ensure timely collections of unpaid invoices and escalate issues to upper management as necessary.
• Supervise day-to-day operations of the Collections and Cash Receipts staff.
• Determine individual and departmental goals, assess and prioritize workload, and set deadlines.
• Conduct interviews with managers, review and approve timesheets, and address first-level personnel issues.
• Review Cash Receipts postings to verify accuracy against bank account statements.
• Evaluate processes and implement changes for increased efficiency.
• Participate in or release orders according to limits of authority and provide status updates on customer accounts.
• Update Power BI and run reports from SAP and other external sources as needed.
• Prepare various AR monthly reports, including DSO and AR general ledger account reconciliations.
• Ensure timely updates of department SOPs and review for accuracy.
• Conduct SAP QA testing for changes and upgrades as needed.
• Coordinate and host meetings with customers and internal employees to expedite collections.
• Escalate collection issues to Accounting Management according to escalation policy.
• Manage various Accounts Receivable projects and initiatives.

Requirements

• Advanced Excel and Word skills.
• 10 Key by Touch proficiency.
• SAP experience preferred.
• Excellent verbal and written communication skills.
• Positive attitude with a willingness to learn.
• Team player with the ability to work positively with others at various levels.
• Strong organizational skills and ability to meet deadlines.
• Ability to work independently with minimal supervision.
• Research, problem-solving, and solution identification skills.
• Superior attention to detail.
• Self-motivated.

Benefits

• Base pay of $74,000