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Accounts Receivable Manager

1 month ago

Somerville, Massachusetts, United States Marcolin Full time
Strategic AR Manager

The AR Manager is responsible for leading the Credit and Collections Department, driving strategic management and day-to-day operations. This role involves managing the collections team, establishing and meeting monthly collections targets, new account processing, credit limit reviews, customer negotiations, past due accounts, policies, and processes.

Key Responsibilities:
  • Lead the Credit and Collections team, establish and monitor monthly department and individual collection goals, based on measurable results
  • Manage the day-to-day operations of the Credit and Collections team, providing guidance, analysis, and resolving issues
  • Lead the team to peak performance, streamline processes, drive change, generate efficiencies, and establish, improve, and document credit and collections related processes and controls in alignment with Marcolin policies
  • Strong leadership experience with an analytical, collaborative, and positive mindset
  • Support cash management and cash applications
  • Make determinations on credit lines and terms of payment
  • Conduct analysis and full understanding of customer base and related risk, review hold and blocked lists
  • Manage accounts receivable aging and bad debt reserves and write-offs
  • Manage the interaction and communication with credit and collections agencies
  • Evaluate proper staffing levels and facilitate the staffing, training, motivation, and development of the team
  • Other duties as assigned
Requirements:
  • BA/BS in Accounting
  • Minimum of 5 years hands-on credit collections experience in a fast-paced target-driven business
  • Minimum of 3 years AR and Collections managerial experience, managing teams of 5 or more, improving the AR and collections of complex high-volume businesses
  • SAP systems experience strongly preferred
  • Cash management experience a plus
Skills and Competencies:
  • Preferred Excel skills in pivot tables, Vlookups, and spreadsheets
  • Strong communication, interpersonal, detail, and team-oriented, problem-solving skills
  • Demonstrated leadership and motivational skills
  • Analytical and organizational abilities
  • Solid time management and multi-tasking capabilities
  • High level of professionalism
  • Sound judgment, with ability to make measured risk decisions

Benefits include 401(k), dental insurance, health insurance, life insurance, paid time off, and vision insurance.

Work Location: Hybrid remote in Branchburg, NJ 08876