Job description
We are dedicated to excellence and client satisfaction in every aspect of our operation. Our team is passionate about delivering top-tier financial services and solutions to the company and our clients. We pride ourselves on fostering a collaborative and dynamic work environment, where team members can thrive and contribute to our collective success.
We are seeking a highly motivated and experienced Accounts Receivable Manager to join our finance team. In this role, you will be responsible for overseeing all accounts receivable functions, maintaining accurate financial records and processes to improve cash flow. See key responsibilities below.
Essential Duties & Responsibilities:
General:
Manage daily operations of the AR department; create, implement and maintain policies, procedures, and controls; manage and streamline billing and collection process and cash application functions for the company.
Assists in monitoring, tracking and enforcing department policies, procedures, and goals while identifying inefficiencies and propose, develop, and document new concepts and procedures.
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.
Collections
Ownership of collections accounts; ensure timely payments of client credit accounts
Establish goals and targets for the collection of payments
Prepare monthly feedback reports on the collection of payments
Track and monitor client credit accounts ensuring terms and credit limits are maintained
Coordinate with external collections agency on problem accounts
Audit delinquent accounts considered uncollectible to ensure maximum efforts have been taken before assigning bad debt status to account.
Billing
Oversee the billing process and ensure accurate and timely invoicing of clients
Manage a team of one AP clerk and provide leadership and support as needed
Collaborate with other departments, such as sales and operations, to ensure smooth and efficient billing operations
Respond to billing inquiries and resolve billing issues as needed
Prepare and present billing reports to senior management
Reconcile and maintain accurate records of customer accounts
Prepare and submit customer statements
Approve, document, and track client sales tax exemptions.
Required Education/Experience:
Bachelor’s degree – Business or Accounting preferred, but can be a combination of education and experience
3-5 years of related AR experience, with increased responsibilities over time
2-3 years of supervisory experience
Experience with ASC 606 revenue recognition a plus
Required Skills:
General ledger accounting - debits and credits
Understanding of ASC 606 revenue recognition
Intermediate to Advanced Excel skills
Proficient in Quickbooks Online, experience with ERP systems
Experience with payment processing platforms (auth.net, stripe)
Proficient in the use of Microsoft Software applications such as Outlook, Word, Excel and PowerPoint
Technical Requirements:
Minimum of i3, 8GB Ram, Own Device (not shared)
Minimum of 30mbps internet wired speed.
Conducive and quiet WFH set up.
Operations:
Remote, Mon-Fri, Fixed weekend off; US – CST or EST coverage
Rate:
Base hourly rate
