Accounts Receivable Manager Job Description
Accounts Receivable Manager Duties & Responsibilities
To write an effective accounts receivable manager job description, begin by listing detailed duties, responsibilities and expectations. We have included accounts receivable manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Accounts Receivable Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Accounts Receivable Manager
List any licenses or certifications required by the position: CPA, MBA, WHT, EPIC, CPC, APM, SAP, CCE, PMP, CBA
Education for Accounts Receivable Manager
Typically a job would require a certain level of education.
Employers hiring for the accounts receivable manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Finance, Business, Education, Business/Administration, Management, Business/Management, MBA, Finance/Accounting, Associates
Skills for Accounts Receivable Manager
Desired skills for accounts receivable manager include:
Desired experience for accounts receivable manager includes:
Accounts Receivable Manager Examples
Accounts Receivable Manager Job Description
- Manage billing process and distribution of invoices to customers
- Project ACE lead for Accounts Receivable
- Oversee the complete cash application process for all payments received in multiple bank accounts and multiple currencies(for both NJ AR team and Wipro team)
- Perform month end close operations- perform the reconciliation of AR on a monthly basis
- Release of blocked orders on a daily basis for all accounts across all AR areas( CI, CE, USW)
- Prepare letter of credit documentation for presentation to banks for payment on a monthly basis
- Monitor all Standby letters of credit
- Perform journal entries on a monthly basis/as needed
- Fulfill escheatment requirements throughout the year, includes reports, refund checks and journal entries
- Communicate and liaise with CI/USW/CE Sales, Customer Service, International Freight Forwarders and Distribution Centers
- General ledger accounting knowledge
- Strong communication skills and experience working with top level executives
- Manage intercompany accounts receivable, payments and Journal entries
- Provide AR information to auditors for intercompany accounts
- General “go-to” contact in AR on daily basis
- 5-7 years of relevant experience in retail/accounts receivable(domestic & international), with letter of credit experience
Accounts Receivable Manager Job Description
- Process credit applications for new customers
- Resolve all customer issues related to the collection of outstanding receivables
- Establish effective business relationships with customers and partners
- Research and reconcile all chargebacks from retailers including warehouse logistics and routing chargebacks
- Liaison with sales and customer to reduce chargeback's and increase revenue
- Manage the RTV process and issued return authorizations including issuance of credits
- Reconcile various student discounts, petition waivers, write offs, sponsorships, prepare reports for review
- Operations of a collection team
- Develop training material to train team members identify training needs for department
- Personnel management coordinating work-flow for timely completion of tasks
- Four-year college degree with a major in Accounting or Finance or equivalent experience
- At least two years working in a manufacturing setting
- Great Plains software experience preferred but not required
- An outgoing, positive attitude and the ability to work alone part of a team
- Demonstrated knowledge of Great Plains
- Bachelor’s Degree highly preferred but not required
Accounts Receivable Manager Job Description
- Working with all departments to assure timely and accurate procedures
- Liaising with our Business Process Outsourcing Partner in monitoring the fulfillment of the SLA`s on customer master data, disputes timely resolution and cash application procedures
- Tailoring on credit limit reviews with the Credit Analysts on all customers on the assigned geographic Hub
- Coach and develop a team of up to 12 people and hold regular 1-1 with your team members to develop engagement and commitment
- Responsible for the review and approval of all manual journal entries booked by the AR team
- Identifies payment discrepancies and initiates dispute resolution process
- Manage activities and reports related to accounts receivables functions specific to Managed Care, ERA, and/or Medicare/Medicaid
- Ensure AR Accuracy processes are performed efficiently and effectively
- Manage the delivery and quality of service, team workload and control the AR-related functions in the US FSSC
- Use and develop your existing skill set to recruit, build, and motivate this growing team to achieve success
- Bachelor’s Degree with fundamental knowledge of accounting, specifically as it relates to revenue recognition and understanding of controls as it relates to revenue recognition
- One to two years’ managerial experience in a general accounting/ Accounts Receivable Corporate environment with a total of 5 years work experience
- Minimum of three years Managerial experience preferred
- Requires 7+ years of relevant experience in related area
- Comprehensive understanding of the full AR cycle the functional/departmental interdependencies across the entire OTC process
- Strong people management and leadership skills is essential
Accounts Receivable Manager Job Description
- Manage the AR team’s workload and assign priorities as needed
- Identify and manage all career development and training issues within their team
- Deliver clear and timely communication on all issues, both internal and external
- Actively lead and participate in team, department and business meetings as appropriate
- Lead the team to continuously improve performance and achieve individual and team goals
- Conduct individual performance evaluations for each team member against agreed objectives
- Operate within the FSSC standards for processes, communication and customer service
- Ensure procedures are up to date and fully complied with
- Develops and maintains good working relationships with internal customers and/or suppliers
- Oversees and reviews individual / group Accounts Receivable portfolios, collection efforts including dispute research and resolution
- Have experience of working with large ERP systems
- Ability to plan and direct accounting efforts to meet team targets
- Capable of problem solving using analytical skills to interpret complex data/information
- Proficient with Microsoft Office applications and database management tools
- Oversees, reviews and approves credit memo processing for Sox Compliance
- Performs customer payment analysis and prepares ad hoc analysis and reporting
Accounts Receivable Manager Job Description
- Billing Data Management
- Manage credit term
- Review monthly reporting of invoicing/AR aging/cash receipts/AR Collection
- Reconciliation the amount of periodical sales recognition
- Review AR Outstanding and in charge of doubtful debts reserve which complies with company’s policy
- To co-ordinate with collection agency or legal firm if any legal action may need
- Project ACE coordinator/approver for Accounts Receivable
- Assist with month end close operations- perform the reconciliation of AR on a monthly basis
- Assist with the monthly AR/CI Sales/Ops team review meeting-prepare aging of top customers
- Oversee new customers set up in the (ERP) system
- Strong knowledge of credit and collection operations procedures, including reconciliation of A/R activity
- 7+ years credit experience with a minimum 3 years supervisory experience in the software / SAAS Industry
- Experience with Salesforce.com and NetSuite is a plus
- Financial Statement analysis expertise is required
- Ability to work with a distributed team, and partner with Sales Management and other business partners as needed
- 2-3 Years experience Management experience