Accounts Receivable Manager

Role Overview

• Develop and implement collection strategies: Create and execute advanced collections strategies to optimize cash flow, strengthen customer relationships, and align with company financial targets.
• Manage credit risk: Establish, maintain, and approve credit limits for new and existing customers, particularly for marginal or slow-paying accounts.
• Drive process improvements: Identify inefficiencies and implement new processes and technologies, such as automation software and ERP systems, to increase efficiency and reduce the days sales outstanding (DSO).
• Contribute to financial strategy: Provide insight into customer payment behaviors and trends that can inform broader company planning and revenue-related decisions.
• Manage the AR team: Manage a team of specialists and senior specialists, providing guidance, training, and performance feedback.
• Mentor and develop staff: Foster a high-performing team by coaching and developing staff to enhance their skills and growth.
• Collaborate cross-functionally: Work closely with the sales, customer service, and legal departments to resolve complex issues related to billing, payments, and collection.
• Oversee billing and collections: Manage the entire AR cycle, including billing, cash applications, and dispute resolution, to ensure timely and accurate processing.
• Analyze financial data: Monitor AR metrics and analyze aging reports to forecast collections, identify trends, and provide insights to senior management.
• Manage month-end close: Oversee and manage the monthly AR close process, including reconciling the AR sub-ledger to the general ledger (GL).
• Ensure compliance: Adhere to and document internal controls related to billing and collections, ensuring full compliance with regulatory standards like SOX.

Requirements

• Associate or Bachelor’s degree in Accounting, Finance, or a related field (Bachelor’s preferred)
• 5+ years of experience in accounts receivable with at least 2 years in a supervisory or lead role
• Strong knowledge of GAAP and AP best practices
• Experience with accounting or ERP systems (e.g., SAP, Oracle, NetSuite, etc.)
• Proficiency in Microsoft Excel and other Office applications
• Excellent organizational and problem-solving skills
• Strong interpersonal and communication skills
• Proven ability to lead and develop a team
• Experience in a utilities, energy, or field service organization
• Familiarity with invoice automation and AR workflow tools
• Knowledge of multi-entity or multi-location operations

Tech Stack

• ERP
• Oracle

Benefits

• Health insurance
• 401(k) matching
• Flexible work hours
• Paid time off
• Professional development opportunities