Director of Accounts Receivable

2 weeks ago


Schaumburg, Illinois, United States The LaSalle Group Full time
Job Title: Director of Accounts Receivable

We are seeking a highly skilled and experienced Director of Accounts Receivable to join our team at The LaSalle Group. As a key member of our finance team, you will be responsible for overseeing the entire accounts receivable process, managing the team, and developing strategies to improve cash flow and minimize bad debt.

Key Responsibilities:
  • Lead and manage the accounts receivable department, including overseeing daily operations, setting performance goals, and ensuring team members are motivated and aligned with company objectives.
  • Develop, implement, and maintain efficient accounts receivable processes and procedures to optimize cash flow, reduce days sales outstanding (DSO), and minimize delinquent accounts.
  • Collaborate with sales, operations, and customer service teams to ensure accurate and timely billing, customer communication, and issue resolution.
  • Monitor accounts receivable aging reports and develop strategies to collect overdue balances and mitigate risk.
  • Analyze and report on accounts receivable performance, trends, and key metrics to senior management.
  • Establish and maintain strong relationships with clients, resolving billing discrepancies and disputes professionally and efficiently.
  • Evaluate and improve credit policies, including customer credit assessment and credit limit management.
  • Oversee the monthly closing process for accounts receivable, ensuring accuracy and compliance with accounting standards.
  • Stay up to date with industry trends, regulations, and best practices in accounts receivable management.
Requirements:
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • 7+ years of experience in accounts receivable or credit management, with 3+ years in a leadership role.
  • Proven experience in the fleet management, transportation, or logistics industry is a plus.
  • Strong knowledge of accounts receivable processes, financial analysis, and accounting principles.
  • Excellent leadership and team management skills, with a track record of developing high-performing teams.
  • Exceptional communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders.
  • Proficiency in financial software and ERP systems.
  • Strong analytical and problem-solving skills, with a detail-oriented mindset.
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.


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