Accounts Receivable Manager

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Our Accounts Receivable Manager implements best practices internal controls, process improvements, drive performance analysis, produce global presentations for management and ensure accurate reporting in the Accounts Receivable function. This individual leads the team responsible for managing invoicing, cash receipt/application and establishment of customer accounts. This important function will ensure that our accounting records for accounts receivable are accurate and appropriate, and provide value added analysis to maximize receivables performance
Implement Internal Controls and Process Improvements:

• Establish policies and procedures to ensure that daily checks, credit cards and wire transactions are posted accurately, timely and appropriately to the correct account and reconciled without exception
• Develop internal controls for cash receipt/application and weekly reports to monitor compliance
• Utilize system capabilities and new technologies to create efficiencies, eliminate manual work and reduce errors in the cash application and account set up function
• Create processes for exception handling of NSF payments and ensure they controlled
• Establish processes to eliminate check receipt in headquarter office, monitor effectiveness
• Develop processes to ensure credit card transactions are consistently effective, and develop solutions for exceptions
• Assist in best practices deployment for international subsidiaries regarding AR

Drive Performance Analysis and Reporting:

• Develop and produce monthly Customer Finance performance analytics to highlight areas of improvement, drive change while ensuring timeliness and accuracy
• Create monthly Global Customer Finance presentations consolidating key credit/collections metrics from our International Subsidiaries for Senior Management ensuring timeliness and accuracy.
• Analyze the accounts receivable processing of funds received and determine key metrics to measure performance and drive improvements
• Test, analyze and adjust regularly key internal controls to ensure best practices
• Assist with accounts receivable reconciliations and bank account reconciliations on a monthly basis understanding all reconciling items and providing required backup documentation
• Reconcile and manage intercompany accounts
• Manage daily Oracle invoicing, transaction register and exception handling
• Ensure aging reports are produced, posted and accurate
• Produce all month end accounting entries/reports as required and assist with the accounting close process
• Monitor and control the commercial unapplied account and ensure staff actively clear balances assigning them to the correct account in a timely basis
• Analyze and produce monthly borrowing base calculation and support annual bank audit
• Support all financial audit and sales tax audit requests and questions
• Special project and analysis regarding credit, collection, leasing and international as needed

Team Management:

• Oversee management of staff handling daily receipts ensuring accuracy, efficiency and timeliness of application
• Manage staff's credit card processing, chargebacks, refunds and assist accounting with reconciliation
• Manage the customer account setup/maintenance function to ensure accounts are unique and set up managed timely, accurately and appropriately. Establish internal control process to document account set-up and relationship arrangements
• Provide regular training sessions on processes and Oracle systems with staff to refresh process, identify issues and create efficiencies
• Cross train staff to assure backups available

Qualifications:

• B.S. in Finance or Accounting Required
• A minimum of 5 years of Accounting and AR experience, with background directly or indirectly supervising the work of and mentoring team members
• Previous experience identifying process gaps, initiating and implementing sustainable process improvements and best practices
• Prior/current exposure to global AR transactions and collaboration with cross-functional stakeholders such as Operations, Manufacturing and Treasury highly preferred
• Oracle Cloud experience preferred, proficiency in Oracle Cash Management desired
• Advanced proficiency in Excel, with experience crafting executive-level reports and presentations

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