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Accounts Receivable Manager
3 months ago
Kodiak is one of the fastest growing food companies that is disrupting the industry with its better-for-you breakfast and snacking options. Our journey with food began by restoring the tradition of whole grain flapjacks and adding some protein to fuel folks' adventures. In the process, we discovered that foods made closer to nature are not only fueling but taste better. So, we set out to inspire wilder, wide-open lives by feeding epic days through real breakfasts. That's one of the reasons we're in the scenic Rocky Mountains of Park City, Utah: to live our purpose and be close to nature.
Our mission is to become the most loved, next generation food brand, and we're well on our way. We craft the best-selling whole grain flapjack mix in the nation along with toaster waffles, baking mixes, oatmeal, syrup, and snacking options at all major retailers. We're expanding rapidly as our business continues to grow year-after-year and need to build our team with people that share our passion for the outdoors, bring industry experience, thrive in an entrepreneurial culture, and want to make an impact in the food space. We believe that eating real, good-for-you food, being active outdoors, and preserving nature will restore balance generations before us worked so hard to forge. We embrace the spirit of the Kodiak - a pristine wilderness with a rich ecosystem - and we rely on that spirit of the Kodiak to inspire the work we do, the food we eat, and the way we play.
Job Type: Full-Time, Salaried (Exempt)
Job Location: Kodiak HQ: Park City, Utah
What will this position do?
The Accounts Receivable Manager role leads the accounts receivable function, including cash application, deduction management, collections, and clearing deductions in the TPM software. The AR Manager is responsible for the performance of their team and the timeliness and accuracy deliverables.
- Manage invoicing process and KPIs by managing AR team and working closely with customer service function to ensure timely and accurate invoice submittal, reconciliation of related accounts and balances, and constant improvement of the invoicing process and SOPs
- Manage the collection process, customer relationship, and KPIs by managing AR team and working closely with brokers and sales function to ensure timely and accurate posting of payment/credits/deductions, days sales outstanding, analysis and identification of issues or opportunities to improve net collection, best options for managing bad debt, and constant improvement of the order to cash process and SOPs
- Manage deduction process and KPIs by managing AR team and working closely with customer service function, sales function, 3PLs, customers, and brokers to ensure deductions are booked accurately, identifying any root cause and upstream process issues, and communicating recommendations to leadership
- Manage deduction application in our TPM software by working closely with the sales team to ensure accuracy in their trade spend and take feedback to AR team to dispute invalid deductions, as necessary.
- Manage the entry of trade related bills and review to ensure accuracy of GL account, department, etc. Ensure the bills are appropriately applied in the TPM system.
- Manage customer creation process with the Customer Service manager and IT department, including creation of new customers and the required credit check, customer contract, EDI feeds (as applicable to the function), etc.
- Maintain customer master list including updating customer contracts, timely and accurate updating of customer data, periodic credit checks and worthiness, and credit bans or removal of higher risk customers
- Create and maintain customer price tables, process price validation table, gross pricing table, and any other tables that need creation or maintenance as relevant to the function
- Perform analysis and make recommendation on customer credit limits to leadership
- Perform analysis on customer profitability and make recommendations to leadership on improvements.
- Perform analysis and make recommendation on function processes and reporting
- Creation and maintenance of ad hoc reporting and analysis as needed by different departments and leadership.
- Participation and leading in projects related to business application and the AR function as needed by leadership.
- Monthly reconciliation of provision/prefund accounts
- Monthly close reconciliation of accounts, balances, and activity (e.g. AR reconciliation, accrued billbacks and chargebacks, Allowance for Doubtful Accounts, etc.)
- Managing accounts receivable personnel including their performance and professional development (e.g., approving and managing their hours, work efficiency, their relationship with other team members/company/culture, technical growth, and career)
- Responsible for compliance with company internal control policies including making recommendation for "Best in Class" control environment
- Assist in any company audits such as bank or annual financial audits
- Performs other related duties as assigned
- 5+ years of trade management and accounts receivable experience
- Excellent verbal and written communication skills
- Strong organizational abilities and high level of attention to detail
- Proficiency in Microsoft Excel
- Blue Planner experience preferred
- NetSuite experience preferred
- Bachelor's degree in accounting preferred
This role is based in our headquarters near the ski slopes and mountain trails of Park City, Utah. We have a hybrid schedule. We offer competitive compensation and benefits that include:
- Health/vision/dental plans
- 401k match
- Relocation assistance
- Annual performance bonus
- A company fleet of snowboards and other equipment
- Active lifestyle allowance
- Therapy Benefit
- All-you-can-eat flapjacks
- Flexible vacation
- Early-out Fridays
- Parental leave
- Casual dress code
- A variety of other Kodiak-unique perks
At Kodiak, we foster a truly inclusive community that encourages, supports, and celebrates what makes each of us unique. We bring our full authentic selves to work and leverage our diverse backgrounds and perspectives to create a culture of belonging that feeds epic days & wilder lives.
