Accounts Receivable Manager
CFS · Grand Rapids, MI · 1 wk ago
Finance$70k–$80k/yrFull-time
Key Responsibilities
- Lead, coach, and develop a team of 12-15 accounts receivable professionals.
- Manage day-to-day AR operations, ensuring timely collections and accurate account management.
- Oversee insurance billing, private-pay collections, and aging account resolution.
- Partner with internal departments to improve payment collection processes and reduce outstanding balances.
- Review AR metrics, aging reports, cash application activity, and collection performance.
- Establish and maintain policies, procedures, and best practices for accounts receivable operations.
- Handle escalated customer account issues and provide resolution support.
- Collaborate with third-party vendors and external collection agencies when necessary.
- Support branch and operational teams with billing, collections, and account reconciliation questions.
- Identify opportunities for automation, efficiency improvements, and workflow enhancements.
- Prepare and present reports and performance updates to leadership.
- Ensure compliance with company policies and industry regulations.
Qualifications
- 5+ years of Accounts Receivable and Collections leadership experience.
- Experience managing teams of 7 or more employees.
- Strong background in insurance billing, healthcare collections, or related revenue cycle functions.
- Experience with customer-facing collections and payment resolution.
- Proven ability to improve processes and drive operational efficiencies.
- Strong analytical, organizational, and problem-solving skills.
- Excellent communication and relationship-building abilities.
- Experience working in a high-volume environment with multiple locations or business units.
- Bachelor's degree preferred but not required.
- Preferred qualifications include experience managing offshore or third-party vendor relationships, healthcare, insurance, or medical billing industry experience, and experience implementing process improvements or automation initiatives.
Compensation & Benefits
- Base salary: $70,000 - $80,000
- Performance-based incentive opportunities
- Annual bonus potential
- Medical, dental, and vision insurance
- 401(k) with company match
- Paid time off and holidays
- Employee assistance programs
- Additional employee recognition and retention programs