Accounts Receivable Manager Job Description

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Accounts Receivable Manager Job Description

Job descriptions
Accounting

Job summary 1

We're looking to hire an Accounts Receivable Manager. This individual will be responsible for oversight of the teams working on invoice collections, cash applications, and dispute resolutions. The scope of this role will include directly managing regional teams as well as working closely with an outsourced receivable capability. This individual will act as the global function owner for related receivable activities (collections, cash applications, disputes), and develop and enhance business partnering between the receivable teams and key stakeholders within the company. This role requires strong verbal and written communication skills while maintaining attention to detail in a fast-paced environment.

Duties & Responsibilities 1

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Directly supervise regional collections teams and partner closely with the outsourced receivable capability
Assist and provide direction to the global team, including coaching and training
Aggregate and analyze receivable data; publish KPIs and metrics
Work closely with accounting teams on related receivable accounting tasks
Foster strong business partnerships with key stakeholders in the organization (Risk, Sales, Finance, etc.) to achieve optimal results
- Drive continuous improvement with receivable activities, directing the team towards activities yielding the highest economic return for Molex (process and system based)
- Support and guide the growth and development of the team
- Act as the global function owner (GFO) for receivable processes

Requirements & Skills 1

Minimum of 5 years of relevant experience in a high-volume global environment
Supervisory experience
Experience training and developing teams
Experience with Microsoft Office Suite, including Word, PowerPoint, and Excel (complex formulas, data analytics, pivot table, etc.)
Proficiency with SAP, Infor, or another large ERP system
Experience with an integrated collections management solution like GET PAID
- Experience working with a remote team
- Ability to influence, drive the process, implement change, proactively lead and advise in a rapidly changing business environment while demonstrating a high level of transparency, accountability, and collaboration cross-functionally
- Language skills in addition to English

Job summary 2

The Accounts Receivable Manager is an integral member of the finance team and leads the credit and collection activities. The AR Manager assists in protecting the financial assets of the company within accounts receivable. The candidate will be responsible for managing receivables, customer master maintenance, SOX compliance in the department, reporting and communication of the results, and corresponding analysis. The candidate will partner with the customer service, sales, accounting department, and senior business leaders to deliver exceptional cash management and business process improvements.

Duties & Responsibilities 2

Manages credit and collection activities such as following up with past due accounts, credit risk monitoring, new customer setup, regular customer credit evaluations, and keeps track of cash receipts
Communicates effectively and maintains a professional relationship with external and internal customers
Successfully leads the account receivable team and oversees the credit and cash management activities
- Leads, motivates, and develops talent within the organization including, but not limited to, immediate direct reports by coaching, counseling, engaging, and evaluating associate performance through the Crane intellectual capital process
- Manages external and internal auditor relationships to facilitate the completion of audit procedures in a timely and efficient manner
- Other duties as assigned

Requirements & Skills 2

Minimum 8-10 years of experience and at least 4 years of managerial experience in credit and collections
Bachelor’s degree required
Must have recent experience leading SOX compliance and reinforcing internal controls
Demonstrated experience in process improvement
Must have advanced experience in managing credit function within an environment of strong internal controls
- Technology skilled. Strong Computer literacy in Microsoft Office applications and working knowledge of any major ERP system is required.
- Excel at managing multiple priorities, within tight deadlines
- Proven track record of staff management and superior project management skills

Job summary 3

As an Accounts Receivable Manager, you will be responsible for overseeing all the billing and payment activities in NetSuite and ensuring the accuracy and timeliness of the monthly billing/payment close. You will work directly with other teams in the organization to solve billing-related issues and improvements. In addition, you will be one of the key owners of the order to cash process and participate in cross-functional system improvement and streamlining projects.

Duties & Responsibilities 3

Manage the billing team to ensure all billing-related activities are properly assigned and completed
Perform research on new billing requirements and propose solutions
Identify the root cause for billing-related issues and work with other teams to solve the issues
Manage the dunning process and billing inbox
- Work with Billing Analyst to handle complex customer-related requests and issues
- Coordinate with the collection outsource team to ensure the accurate and timely payment process
- Prepare and review all month-end billing/payment activities and reconciliations to ensure accurate and timely billing close

Requirements & Skills 3

Bachelor’s Degree in Accounting, Business, or equivalent experience
Minimum 5 years of experience in Billing and Accounts Receivable
Working experience with the NetSuite billing system is a must
- Strong problem-solving skills and a proven track record of leading complex billing projects to a successful completion
- Ability to work with cross-functional teams to resolve complex upstream and downstream billings issues
- Proficient in Microsoft Excel

Job summary 4

The Accounts Receivable Manager is responsible for managing the Accounts Receivable team. This position will oversee the development, administration, and maintenance of finance policy, procedure, and operation.

Duties & Responsibilities 4

Requirements & Skills 4

Bachelor's Degree and 4+ years finance-related experience OR A.A. Degree and 6+ years finance-related experience is required (Extensive relevant experience in place of education may be considered).
Knowledge of record-keeping and tracking, accounts receivable/payable, budget tracking procedures, accounting records, ledgers, job costs, and related reports are required.
- Proficient in bookkeeping/accounting/finance principles, procedures, terminology, and practice.
- Familiarity with Deltek ERP is preferred.
- Knowledge of the construction management industry and terminology and document format is preferred.

Job summary 5

The Accounts Receivable Manager will need to work in a team environment with strong leadership /team management skills, the ability to meet tight deadlines, a keen attention to detail, and strong organizational skills. In this role, this person will need to have strong business judgment, leadership, & integrity and be able to communicate to leadership when issues arise.

Duties & Responsibilities 5

Requirements & Skills 5

Four-year college degree from an accredited institution, Finance or Accounting preferred
Knowledge and understanding of order to cash, ERP systems, and accounting is a must
Proficient: Microsoft Office (Excel, Word, PowerPoint),
- Working knowledge of accounting, excellent written and oral communication
- Accuracy and attention to detail and strong problem-solving skills
- SAP experience a plus

Job summary 6

The Accounts Receivable Manager oversees the activities of the accounts receivable function to maintain accurate accounts receivable records in support of financial operations. Ensures proper accounting of revenues received through invoicing and documentation. Maintain accurate and efficient payment methods and processes to ensure proper application of payments. Prepare and analyze reports to support a clear and accurate report of receivables due and account aging. Communicate effectively and professionally with customers concerning customer account issues.

Duties & Responsibilities 6

Interacts with Sponsors, invoice recipients, and others throughout the Lifecycle of sponsored invoicing.
Develops and/or reviews and develops receivable reports, special projects, and financial analyses for accuracy, timeliness, and proper preparation.
Maintains, analyzes, and reconciles accounts receivable ledger accounts and reports, supporting unit financial health. Oversees the work of the AR Specialist in this area. Provides backup and SME.
Assesses and develops accounts receivable policies and procedures, promoting the effectiveness of financial programs.
- Crafts budget recommendations to advise management on the necessary resources for the accounts receivable function.
- Creates and implements control reports that continuously provide insights and perspectives on the timeliness of AR functions in the Sponsor Invoicing areas.
- Analyzes overdue accounts and determines individuals to contact, ensuring the collection of payments.

Requirements & Skills 6

Bachelor’s degree in accounting or related field.
- 2-4 years of accounting experience.
- 1-2 years of management experience.
- Any combination of relevant education and experience may be substituted for the educational requirement on a year-for-year basis.

Job summary 7

We're seeking an Accounts Receivable Manager who will oversee the receipt of payment for goods and services offered to clients. The Accounts Receivable Manager is entrepreneurial and self-motivated, working alongside our Controller to help us build and scale our operations. This role will have regular interaction with the VP of Finance and Accounting, as well as the executive leadership team. The ideal candidate will have outstanding financial acumen, a passion for sports, and media entertainment, and experience with rapidly growing businesses.

Duties & Responsibilities 7

Requirements & Skills 7

Bachelor's degree in Accounting
5+ years of accounts receivable experience, including 2 years of supervisory experience
Excel proficiency is required
Experience with Microsoft Great Plains is preferred
Strong organizational and prioritization skills
Ability to meet deadlines and multi-task within a fast-paced environment
- Strong written and oral communication skills
- Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies
- Take ownership of issues and problems, find and enact resolutions and recommend process changes

Job summary 8

We're looking for an Accounts Receivable Manager to oversee Accounts Receivable staff and to assist in the development of processes and procedures to optimize our cash collections.

Duties & Responsibilities 8

Requirements & Skills 8

Bachelor’s degree in finance, accounting, or a related field; and 3-5 years experience as a Collections or A/R manager in a high-volume growth-oriented Company; Equivalent combination of relevant education and experience may be substituted as appropriate
Experience with accounting software and ERP systems required
Knowledge of and experience working with the general ledger
Advance knowledge of MS Exel including mastery of v-lookups, pivot tables, formulas, data, power query, tables, and formatting
Experience in Sage Intacct, Salesforce, ServiceTrade, or Yaypay is preferred, but not required
Demonstrated ability to work in multiple integrated systems
- The ability to work accurately and independently
- Effective verbal and written communication skills
- Excellent analytical skills

Job summary 9

The Accounts Receivable Manager is responsible for all revenue cycle functions and network management. Strive to continuously streamline operations, improve processes, and ensure that billing practices are followed by the established guidelines. Responsible for maintenance of the revenue cycle and other operational activities that support the overall objectives.

Duties & Responsibilities 9

Requirements & Skills 9

Bachelor’s Degree in Accounting, Healthcare Administration, Business Administration, or related field
- Master’s degree preferred
- 5+ years of Revenue cycle management and analysis experience
- CPC (Certified Professional Coder) preferred

Job summary 10

Our Accounts Receivable Manager facilitates effective accounts receivable and relationship management for an assigned portfolio of billing attorneys and their clients to accurately maintain and collect account balances within the specified terms of engagement.

Duties & Responsibilities 10

Prepares reports and analyses to keep leadership apprised of results and opportunities to decrease outstanding accounts receivable for assigned portfolio
- Facilitates meetings with billing attorneys and stakeholders, highlights opportunities to improve cash flow
- Acts as a liaison between clients and attorneys to resolve outstanding balances while preserving the attorney-client relationship
- Keeps accurate and detailed records regarding collection activities in the Firm's Accounts Receivable Collection Software

Requirements & Skills 10

Exceptional organizational and time management skills
Strong critical thinking, research, problem-solving, and analytical skills
Proficient in Microsoft Office with an emphasis on Excel
Effective communication skills; verbal and written with proficiency in grammar and punctuation
- High school diploma or equivalent; bachelor’s degree preferred
- Combination of 7 years of customer service, accounting, and accounts receivable experience is preferred
- Previous law or accounting firm experience or preferred

Frequently asked questions

What are the skills of an accounts receivable manager?

An accounts receivable (AR) manager is responsible for managing a company's incoming payments and ensuring that customers pay their bills on time. The following are some of the skills that an AR manager should possess:

Financial expertise: An AR manager should have a thorough understanding of accounting principles, financial analysis, and financial reporting.

Attention to detail: An AR manager should be meticulous and detail-oriented, as they will be responsible for tracking and reconciling customer accounts.

Communication skills: An AR manager should have excellent communication skills to liaise with customers, team members, and senior management to resolve any issues.

Organization: An AR manager should have strong organizational skills to manage multiple accounts, deadlines, and priorities.

Analytical skills: An AR manager should be able to analyze data and identify trends to help develop strategies to reduce delinquencies and increase collections.

Negotiation skills: An AR manager should be able to negotiate payment arrangements with customers and resolve disputes amicably.

Technology proficiency: An AR manager should have knowledge of accounting software and other technology tools used to manage accounts receivable.

Team management: An AR manager should have the ability to manage and motivate a team of accounts receivable staff to ensure timely and accurate invoicing, collections, and reporting.

In summary, an AR manager should have a combination of financial, analytical, communication, and management skills to effectively manage accounts receivable processes and teams.

What are the daily duties of an accounts receivable manager?

The daily duties of the accounts receivable (AR) manager may vary depending on the size of the organization and the complexity of its billing processes. However, some of the common daily duties of an AR manager are:

Invoice processing: The AR manager is responsible for reviewing and approving invoices before they are sent to customers.

Payment processing: The AR manager is responsible for ensuring that all incoming payments are processed and applied to customer accounts accurately and promptly.

Collections: The AR manager monitors overdue accounts and takes necessary actions to collect outstanding payments. This may involve making collection calls or sending collection letters.

Dispute resolution: The AR manager is responsible for resolving any disputes related to invoicing or payment discrepancies.

Reporting: The AR manager generates reports to track AR performance and communicates this information to senior management.

Forecasting: The AR manager uses historical data to forecast future AR performance and develops strategies to improve cash flow.

Customer service: The AR manager provides excellent customer service to internal and external stakeholders and resolves any issues that arise.

Process improvement: The AR manager identifies areas for process improvement and implements changes to improve AR efficiency and accuracy.

Overall, an AR manager's daily duties revolve around ensuring that customer accounts are managed effectively and efficiently and that the organization receives timely payments.

Olivia Powell
Recruiting expert

Last updated Sep 23

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Accounts Receivable Manager Job Description

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Frequently asked questions

What are the skills of an accounts receivable manager?

What are the daily duties of an accounts receivable manager?

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