Manager, Accounts Receivable
3 weeks ago
What We Do
FOX Factory designs, engineers, manufactures and markets performance-defining products and systems for customers worldwide. Our premium brand, performance-defining products and systems are used primarily on bicycles, side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Some of our products are specifically designed for and marketed to a variety of leading cycling and powered vehicle original equipment manufacturers ("OEMs"), while others are distributed to consumers through a global dealer and distribution network. Fox Factory Holding Corp. is the holding company of FOX Factory, Inc. and is publicly traded (FOXF) on Nasdaq.
Why you should join us
Not only do we provide competitive wages, you will also have access to great benefits and employee
discounts. But more importantly, it's a fun environment where we truly enjoy working as a team and
bringing great products to our customers
If this sounds like something you would love to do, and a place you want to be a part of, get in touch
with us by submitting your application. We look forward to hearing from you
Position Summary:
Responsible for accounting, credit & collections, cash forecasting and control, cash management, Sox compliance and billing functions.
Position Responsibilities:
* Oversees accounts receivable activities involving tracing sources of error, correcting billing records, processing final billings, reconciling errors, accuracy of charges on customer's bills, investigating, granting, and controlling credit, and in collecting accounts due, maintenance of accounts receivable ledger, and adjustment of customer claims.
* Perform SOX compliance monitoring programs and protocols, audit and forecasting
* Reviews accounts receivable records, including claims and overdue invoices.
* Establishes and implements collection procedures.
* Prepares report on the status of credit and collections and other operating statements.
* Determines the amount of credit to be extended and recommends amount of working capital necessary to finance accounts receivable and to provide reserves against bad debts.
* Investigates credit standing of new customers, arranges terms of payment, and follows up on collection of accounts.
* Conducts or participates in special studies of economic conditions industries.
* Monitors and reports on deviations from credit standards.
* Assures timely and accurate invoicing.
* Manages cash application making sure all cash receipts are applied properly
* Assures that the company's standard template regarding invoice sample is in place for every customer
* Makes recommendations to improve quality of invoicing and collection procedures.
* Weekly reporting of invoicing totals/aging totals/cash receipts/invoice adjustments
* Develop KPI's and other reporting to support the company's financial reporting.
* Establish and determine credit limits for potential and existing customers for Fox.
Specific Knowledge, Skills or Abilities Required:
* Strong leadership capability and experience
* Strong ERP system knowledge/experience, preferably Oracle
* Knowledge and understanding of all Accounting & Finance rules and regulations, GAAP
* Understanding of data driven decision making
* Intermediate to advanced applications software expertise (Excel)
Competencies:
* Customer Mindset: Exceptional customer experience is primary focus while performing job duties. Quality is a top priority.
* Adaptability & Innovation: Proactively and willingly adapts to changing business needs and conditions and presents creative and fresh ideas on how to solve problems, gain efficiencies and improve quality.
* Relationship Building: Builds constructive working relationships characterized by a high level of inclusion, cooperation and mutual respect.
* Accountability: Takes personal responsibility for the quality and timeliness of work and strives to exceed requirements.
* Decision Making and Judgment: Makes timely, informed decisions that take into account the facts, goals, constraints and risks.
* Talent Development (Self and Others): Displays an ongoing commitment to learning and self-improvement; making an effort to acquire new knowledge or skills associated with job responsibilities. Willingness to work with others and coach/teach in effort to develop and support other employees' development.
Position Qualifications:
Education:
Bachelor's in Accounting or related field or MBA
Experience:
5+ years' experience in Accounting
2+ years' experience supervising direct reports
Work Environment and Physical Requirements:
Office Environment
Ability to sit for long periods of time
Vision abilities required to validate and enter data on computer
Disclaimer: This list does not represent all physical demands. Descriptions are representative of those that must be met by employee to successfully perform the essential functions of the job. Reasonable accommodation may be provided to enable individuals with disabilities to perform the jobs' essential functions.
Note:
FOX provides equal employment opportunities for all employees and applicants for employment without regard to race, color, ancestry, national origin, gender, gender identity, sexual orientation, marital status, religion, age, physical disability (including HIV and AIDS), mental disability, results of genetic testing, or service in the military, or any other characteristic protected by the laws or regulations of any jurisdiction in which we operate. We base all employment decisions -including recruitment, selection, training, compensation, benefits, discipline, promotions, transfers, layoffs, terminations and social/recreational programs - on merit and the principles of equal employment opportunity.
Fox offers an excellent compensation package and wide-ranging opportunities for professional development. Medical, Dental, Vision, Health Spending and Dependent Care Savings Accounts, Disability and Life Insurance benefit programs are available, as is a 401k plan with employer matching. Eligibility for all benefit programs is defined by the applicable plan document or employee handbook.
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