Accounts Receivable Manager
4 weeks ago
Ashoka is an international network of changemakers working together to advance a world where everyone is a changemaker. We are a proud division of an international community of changemakers, prioritizing the candidate to ensure the best results. Our culture around Search prioritizes empathy, diversity, equity, and inclusion, and we demonstrate love and respect in action.
About the RoleWe are seeking a detail-oriented and entrepreneurial Accounts Payable & Accounts Receivable Manager to join our dynamic team at Ashoka. This position plays a critical role in managing the financial operations related to receivables and payables within our head office, as well as intercompany transactions with our 30+ subsidiaries globally.
Key Responsibilities- Oversee the end-to-end accounts payable process, including invoice processing, approval workflows, payment execution, and periodic A/P financial reporting.
- Ensure timely and accurate processing of vendor invoices, expense reports, and payment requests.
- Manage relationships with vendors and resolve any discrepancies or issues related to payments.
- Ensure compliance with organizational policies and procedures, as well as US GAAP standards.
- Implement and maintain internal controls to prevent fraud and ensure the integrity of financial data.
- Oversee the accounts receivable process, including invoicing, cash application, collections, and periodic A/R financial reporting.
- Monitor and analyze accounts receivable aging reports, and take proactive steps to reduce outstanding balances.
- Develop and implement strategies to improve cash flow and reduce days receivable outstanding (DRO).
- Work closely with Ashoka subsidiaries to ensure accurate and timely processing and recording of intercompany transactions, streamlining processes and improving efficiency.
- Reconcile intercompany accounts and resolve discrepancies in a timely manner.
- Ensure compliance with transfer pricing policies and procedures.
- Oversee GSS budgeting, forecasting, and financial management, ensuring cost-effectiveness and alignment with organizational goals.
- Manage GSS calculation and collection process, ensuring timely receipt of funds.
- Serve as the primary point of contact for GSS inquiries and issues, building strong relationships with Ashoka teams and leaders.
- Implement best practices in GSS financial management, leveraging technology and innovative solutions.
- Formal education in Accounting, Finance, or a related field.
- Minimum of 3 years of experience in A/R and A/P management, preferably in a non-profit or global organization.
- Strong knowledge of US GAAP and experience in managing intercompany transactions.
- Proficiency in accounting software and ERP systems; experience with NetSuite is a plus.
- Excellent analytical skills with attention to detail.
- Strong communication and interpersonal skills, with the ability to work effectively across cultures and time zones.
- Experience working in a global shared services environment.
- Ability to manage multiple priorities and desire to work in a fast-paced, entrepreneurial environment with smart, caring professionals who want to make a meaningful change in the world.
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