Accounts Receivable (AR) Manager - PSDS

AeroVironment’s Precision Strike and Defensive Systems (PSDS) Group is seeking an Accounts Receivable Manager to oversee the day-to-day AR function. This role reports to the Corporate Controller with a dotted line to the PSDS Finance Lead and Segment CFO, and leads a team of AR Billing Specialists in invoicing, collections, and process improvements for PSDS.

About the role

The Accounts Receivable Manager ensures accurate, timely invoicing and payment processing while maintaining compliance with contract terms and audit standards. This high-visibility position requires strong technical accounting expertise and proven team leadership in a dynamic, fast-paced environment.

Responsibilities

• Ensure the Accounts Receivable team accurately calculates and distributes invoices, records and verifies payments, and notes past-due accounts.
• Review and approve invoices to ensure remittance information is accurate, compliant with contract terms, and easy for Government and commercial customers to understand.
• Maintain complete and accurate AR records; ensure transactions are properly posted to the company ledger and reconciled with the general ledger.
• Design, document, and maintain operational procedures and processes that meet audit standards (including SOX and Government audit expectations) and improve efficiency and control across the AR and billing functions.
• Ensure accurate compilation, analysis, and reporting of accounting and revenue data, including AR aging, DSO, cash collections, and billing status metrics.
• Participate in annual audits and special projects, providing timely and complete documentation and explanations.
• Provide client and vendor support, ensuring strong relationships during payment or billing issues; drive timely, professional, and constructive resolution of billing disputes and collection matters.
• Assist and support SOX requirements for external and internal audits, including performance and documentation of key AR-related controls.
• Support Government and subcontract close-outs, including reconciliation of billed versus funded and collected amounts and timely resolution of residual balances.
• Assist with Fiscal Year Final Rate Claim submissions to the Defense Contract Audit Agency (DCAA) by ensuring AR and billing data is accurate, reconciled, and well supported.
• Lead and direct the work of other employees, demonstrating authority for personnel decisions and the mentoring and development of staff members; build and sustain a high-performance AR team.
• Manage departmental budgeting, strategic planning, and procedural change while performing complex tasks and initiatives that improve AR accuracy, efficiency, and cash flow.
• Frequently interact with subordinate supervisors, customers, and functional peer-group managers on matters spanning functional areas, customers, and the company, ensuring alignment and effective issue resolution.
• Perform other related duties as assigned.

Requirements

• Bachelor’s degree in a related discipline (e.g., Accounting, Finance, Business) or equivalent combination of education, training, and experience.
• 7+ years of Accounts Receivable management experience, including demonstrated experience in Government billing for Firm Fixed Price, Cost-Plus, and Time & Material contracts, Wide Area Workflow (WAWF), and general billing procedures/best practices.
• Demonstrated experience leading AR and billing operations in a GovCon environment, including interaction with Government customers, auditors, and prime/subcontract partners.
• High proficiency in computer software programs such as MS Office (advanced Excel and Word) and financial management software (e.g., Oracle Fusion, Deltek CostPoint, Unanet, etc.).

Preferred Qualifications

• Uses vision to think beyond the immediate situation, explore multiple potential paths, and adapt decision-making style based on situational circumstances and business priorities.
• Inspires, motivates, and empowers people to deliver organizational goals while also delivering value and development opportunities to employees.
• Brings organizational values to life using personality, uniqueness, and the creation of a shared vision within the AR function and across stakeholders.
• Champions the process of change and promotes a culture of quick adaptation, while helping others navigate and deal constructively with the effects of change.
• Demonstrates the ability to develop and maintain internal and external trusting professional relationships.
• Possesses effective leadership, problem-solving, mathematical, analytical, interpersonal, and communication skills; consistently demonstrates teamwork, collaboration, and prioritization of team success over individual interests.

Physical Demands

• Ability to work in an office environment (constant).
• Required to sit and stand for long periods; talk, hear, and use hands and fingers to operate a computer and telephone keyboard (frequent).

Pay

The salary range for this role is $117,500 - $179,250. AeroVironment considers several factors when extending an offer, including but not limited to, the location, the role and associated responsibilities, a candidate’s work experience, education/training, and key skills.

Benefits

• Medical, dental, and vision coverage.
• 401K with company matching.
• 9/80 work schedule.
• Paid holiday shutdown.

Additional Information

This position requires access to information subject to compliance with the International Traffic Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). Applicants must qualify as a U.S. person under ITAR and EAR, or be a person approved for an export license by the governing agency. A “U.S. person” is defined as a U.S. citizen, U.S. lawful permanent resident (green card holder), or protected individual such as a refugee or asylee. Some positions will require current U.S. Citizenship due to contract requirements.