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Accounts Receivable Manager

2 months ago

Amesbury, Massachusetts, United States Munters Full time
Job Title: Accounts Receivable Manager

This is a highly visible role that requires a strong leader with the ability to prioritize, plan, and direct the department. The Accounts Receivable Manager will be responsible for managing the AR team, leading management initiatives, and implementing systems projects.

Key Responsibilities:
  • Manage the activities of the staff, including invoicing, issuing credit/debit memos, and establishing reserves.
  • Create, implement, and maintain policies, procedures, and controls.
  • Manage and streamline the billing and collection process and cash application functions.
  • Assist in monitoring, tracking, and enforcing department policies, procedures, and goals.
  • Manage the monthly AR close process, including reconciliation of AR sub-ledger to GL and preparation of AR month-end schedules.
  • Daily review of collection reports to ascertain the status of collections and balances outstanding.
  • Audit delinquent accounts to ensure maximum efforts have been taken before assigning bad-debt status.
  • Monitor aging balances and recommend write-offs.
  • Work closely with Division heads and Sales to ensure collection guidelines are adhered to and issues are quickly resolved.
  • Actively monitor and work with internal departments to resolve all outstanding Accounts Receivable claims and chargebacks.
  • Manage information requests during year-end audits and respond to requests for information during internal audits.
  • Compile data, conduct statistical and analytical studies of billing volume, dollars billed, payments received, bills outstanding, cash, and revenue fluctuations.
  • Prepare regular and special reports for review in planning and evaluating department objectives.
Requirements:
  • Bachelor's Degree from an accredited College or University and ten years related experience and/or the equivalent combination of training and experience.
  • Excellent written and verbal communication skills.
  • Experienced in leading a team and implementing process improvement.
  • Strong analytical/quantitative skills.
  • Ability to develop action plans and follow-up to completion.
  • ERP system experience.
  • Knowledge of general accounting principles and proficiency in the Microsoft Office suite of products, particularly Excel.
  • Ability to communicate effectively with staff at various levels.
  • Attention to detail and accuracy a must.