Accounts Receivable Manager

 

Description:

The Accounts Receivable Manager will be responsible for managing the collection and cash application activities as well as timely management of all AR Aging components. This role will supervise a Collections Analyst to support the core operations of AR. The Accounts Receivable Manager will maintain and improve sustained cash flow through diligent and aggressive monitoring of our customer accounts. This role will direct initiatives to improve working capital, including account monitoring, aligning AR DSO, and ensuring effective and efficient processing of the AR functions. This role will report directly to the Accounting Director based in North Metro Atlanta, GA.

Core Responsibilities:

  • Manage the activities in the AR subledger including day-to-day operations of the collection process and cash application functions
  • Key player in the execution of the company’s collection strategy
  • Manage the monthly AR close process including reconciliation of AR sub-ledger to GL and preparation of AR month end schedules
  • Weekly review of collection reports to ascertain status of collections and balances outstanding and reduce collection cycle times (DSO) where possible
  • Monitor aging balances and audit of delinquent accounts considered to be uncollectible to ensure maximum efforts have been taken before assigning bad-debt status to account
  • Work closely with Account Management to ensure collection guidelines are adhered to and issues quickly resolved
  • Manage information requests during year-end audits and respond to requests for information during external audits
  • Compile data, conduct statistical and analytical studies of billing volume, dollars billed, payments received, bills outstanding, cash fluctuations, and preparing regular and special reports for review in planning and evaluating the collection forecast
  • Knowledge of Deferred Revenue and unbilled Accounts Receivable
  • Work with staff to prioritize work and ensure staff is trained on policies and procedures
  • Monitor and evaluate staff performance, including annual performance evaluations
  • Assist staff in researching and handling more complicated transactions and problems
  • Interface with the sales organization and senior level management in communicating and resolving issues
  • Special projects and tasks as needed

Qualifications:

  • Bachelor's Degree in Business, Accounting, Finance, or related field.
  • Minimum of five (5) years’ experience in accounting, billing or accounts receivable with knowledge of general ledger accounting including close deadlines, account reconciliations, and journal entry preparation.
  • Excellent written and verbal communication skills
  • Experienced in implementing process improvement
  • Strong analytical/quantitative skills
  • Ability to develop action plans and follow-up to completion
  • ERP system experience; NetSuite preferred
  • Knowledge of general accounting principles
  • Proficiency in the Microsoft Office suite of products, particularly Excel
  • Strong managerial and organizational skills; accurate and detail-oriented as well as the ability to communicate effectively with staff
  • Attention to detail and accuracy a must
  • Ability to work in a fast-paced team environment

Organization Lyric
Industry Management Jobs
Occupational Category Accounts Receivable Manager
Job Location New York,USA
Shift Type Morning
Job Type Full Time
Gender No Preference
Career Level Experienced Professional
Experience 5 Years
Posted at 2023-09-25 6:17 pm
Expires on 2025-01-07