Accounts Receivable Manager
3 days ago
LHH Recruitment Solutions is seeking a highly skilled Accounts Receivable Manager to join our team. As a key member of our organization, you will be responsible for overseeing all receivables and collections activities to ensure timely and accurate collection of monies due to our clients.
Key Responsibilities- Manage and optimize billing, PO collection, cash collection, and cash application procedures to meet customer requirements and regulatory standards.
- Analyze bad debt and develop strategies to minimize losses, including reviewing AR aging and making decisions on customer credit holds, collections, or alternative solutions.
- Lead a high-performing team to meet individual and company performance goals, focusing on quality, efficiency, and customer satisfaction.
- Develop and implement policies and best practices to improve AR and collections processes, reducing Days Sales Outstanding (DSO) and ensuring compliance with regulatory requirements.
- Prepare and distribute collection reports for senior leadership and provide ad-hoc reporting as needed.
- Collaborate with sales and operations staff to meet business needs and support closing sales and AR monthly.
- Bachelor's degree in business, accounting, or a related field.
- At least 5 years of experience in AR or collections in a high-volume, fast-paced environment, with a proven track record of driving improvements in AR cycle time and related metrics.
- Leadership skills that focus on integrity, positivity, and a commitment to excellence, with a minimum of 2 business trips per year.
- Competitive salary, plus time and a half paid for hours worked over 40 per week.
- 7 Company Paid Holidays, plus 1 Floating Holiday.
- Generous Paid Time Off (PTO), over 2 weeks your first full year.
- Health and Wellness Rewards Program.
- 401(k) plan with generous company match, Annual Profit-Sharing opportunity.
- Employee Referral Bonuses.
- Years of Service Milestone Awards.
- Medical, dental, vision, disability, and life insurance plan options.
- Free Teladoc Health Account.
- Supplemental Critical Illness Insurance.
- Supplemental Accidental Injury Insurance.
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