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Accounts Receivable Manager
2 months ago
Boardroom Appointments is seeking a highly skilled and experienced Accounts Receivable Manager to join our team. As a key member of our finance department, you will be responsible for managing the day-to-day operations of the AR department, ensuring timely and accurate processing of invoices, credits, and collections.
Key Responsibilities:- AR Automation: Assist in the automation of the current AR Syspro, including documenting, testing, and validating data.
- Staff Management: Manage the activities of the staff, including invoicing, issuing credits, establishing reserves, and ERP responsibilities for the AR sub-ledger.
- Policy and Procedure Development: Create, implement, and maintain policies, procedures, and controls to manage and streamline billing and collection processes.
- Financial Analysis: Monitor, track, and enforce department policies, procedures, and goals, identifying inefficiencies and proposing new concepts and procedures.
- AR Close Process: Manage the monthly AR close process, including reconciliation of AR sub-ledger to GL and preparation of AR month-end schedules, revenue reporting, and reconciliation to GL and metrics used for internal reporting.
- Collection Cycle Time Reduction: Daily review of collection reports to ascertain the status of collections and balances outstanding, reducing collection cycle times (DSO) where possible.
- Audit and Write-Offs: Audit delinquent accounts considered to be uncollectible to ensure maximum efforts have been taken before assigning bad-debt status to the account, and monitor aging balances and recommend write-offs.
- Collaboration and Communication: Work closely with business unit heads and sales to ensure collection guidelines are adhered to and issues are quickly resolved, and interface with customer care, sales representatives, and senior levels management in communicating and resolving issues.
- Special Projects: Assist with special projects and tasks as directed.
Requirements:
- Bachelors Degree and ten years related experience and/or the equivalent combination of training and experience which indicates the ability to do the job.
- Excellent written and verbal communication skills.
- Experienced in leading a team and implementing process improvement.
- Strong analytical/quantitative skills.
- Ability to develop action plans and follow-up to completion.
- ERP system experience (Syspro) is a must.
- Knowledge of general accounting principles and 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 at various levels.
- Strong administrative background.
What We Offer:
- A competitive salary and benefits package.
- A dynamic and supportive work environment.
- Opportunities for professional growth and development.
