Accounts Receivable Escalation Manager

2 months ago


Carrollton, Texas, United States DuraServ Corp Full time
Job Overview

Position Summary

The Manager of Accounts Receivable Escalations is tasked with directing and managing the comprehensive accounts receivable operations, ensuring the AR department functions efficiently for all accounts that are over 30 days overdue. This position entails supervising AR personnel, applying best practices, and collaborating with various departments to enhance cash flow, reduce bad debt, and uphold robust customer relations. The role involves direct interaction with Sales, Operations, and Leadership Teams to guarantee adherence to escalation protocols.


Key Responsibilities

  1. Lead and mentor the AR Escalations team, offering direction, training, and support to foster high performance and professional growth.
  2. Manage the daily functions of the accounts receivable department, which includes invoicing, cash application, collections, and account reconciliation.
  3. Formulate and execute strategies aimed at refining AR processes, decreasing outstanding receivables, and improving cash flow.
  4. Identify opportunities for process enhancements and spearhead initiatives to boost efficiency and effectiveness.
  5. Compile and present regular reports on AR performance, aging analysis, cash flow forecasts, and key performance indicators to senior management.
  6. Engage in cross-departmental projects and initiatives to align with overall business goals.
  7. Ensure adherence to all applicable regulations, laws, and internal policies concerning accounts receivable.
  8. Monitor and manage risks associated with AR, implementing controls to mitigate potential challenges.
  9. Conduct regular performance evaluations and establish objectives for team members.
  10. Perform additional duties as assigned.

Required Knowledge, Skills, and Abilities

  • Understanding of accounts receivable and collection processes
  • Strong negotiation capabilities
  • Proficiency in cash flow analysis
  • Skills in compliance auditing and monitoring
  • Familiarity with credit and collections software
  • Ability to manage and lead a team

Leadership Competencies

At DuraServ, the following competencies are crucial for success in this role:

Action Orientation ● Effective Communication ● Customer Centricity ● Quality Decision Making ● Results Driven ● Accountability ● Trust Building ● Commitment to Self-Development

Supervisory Duties

  • This role oversees approximately 4 direct reports.

Work Environment and Physical Requirements

  • Office-based environment
  • Extended periods of sitting at a desk and utilizing a computer
  • Ability to lift up to 15 pounds occasionally

Travel Requirements

  • This position does not require any planned business travel.

Education and Experience

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related discipline (Preferred)
  • 5+ years of experience in accounts receivable, including at least 3 years in a supervisory capacity.
  • Demonstrated experience in managing AR processes and leading a team.
  • Familiarity with industry-specific AR practices and regulations.

Disclaimer

This job description is not intended to be an exhaustive list of all responsibilities, duties, or qualifications associated with the position. Responsibilities may change or new ones may be assigned at any time.

EEO Statement

DuraServ is an equal opportunity employer. We prohibit discrimination and provide equal employment opportunities to all team members and applicants regardless of race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. Our EEO policy applies to all aspects of the relationship between DuraServ and its team members, including recruitment, employment, promotion, transfer, training, working conditions, compensation, benefits, and application of policies.



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