Accounts Receivable Manager

Duties and Responsibilities

• Maintain healthy inflows of cash by leading the team’s collection efforts
• Reduce bad debt balances and prevent balances from going into bad debt
• Reduce balances aged 91+ days
• Identify accounts at risk of aging and work proactively to mitigate risk
• Lead Accounts Receivable Specialists by providing clear direction to reduce aging risks across all sales types
• Lead Accounts Receivable Research Analysts by providing direction on reconciliation of disputed account balances
• Understand invoicing language in major account contracts and provide support to properly collect on these accounts and minimize aging risk
• Develop and improve process to address cash application, project reconciliation, order intake, and other processes that flow thru accounts receivable as appropriate
• Provide reporting to leadership on a weekly/monthly basis addressing current AR status and risk
• Work cross functionally to improve processes and gain buy-in on collection efforts

Skill Requirements and Performance Criteria

• The ideal Account Manager for AR is a self-motivated, organized, proactive, problem solver with a positive attitude.
• A clear understanding of accounting principles including accounts receivable, accounts payable, invoicing, credits and debits, chargebacks, cash application, and credit terms.
• Excellent communication skills, both written and verbal
• Cross-functional leader
• Proficient in Microsoft Office Product-emphasis on Outlook, EXCEL, and WORD
• A full understanding of the business cycle from sale to collections
• A strong aptitude and working knowledge of ERP systems such as Microsoft AX or similar