Supervisor, Accounts Receivable Job Description
Supervisor, Accounts Receivable Duties & Responsibilities
To write an effective supervisor, accounts receivable job description, begin by listing detailed duties, responsibilities and expectations. We have included supervisor, accounts receivable job description templates that you can modify and use.
Sample responsibilities for this position include:
Supervisor, Accounts Receivable Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Supervisor, Accounts Receivable
List any licenses or certifications required by the position: ARM, ARS, CCE, CBF, CBA, HIPAA, APM, WHT
Education for Supervisor, Accounts Receivable
Typically a job would require a certain level of education.
Employers hiring for the supervisor, accounts receivable job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and High School Degree in Accounting, Finance, Education, Business, Business/Administration, Associates, Business/Management, Healthcare, Management, Economics
Skills for Supervisor, Accounts Receivable
Desired skills for supervisor, accounts receivable include:
Desired experience for supervisor, accounts receivable includes:
Supervisor, Accounts Receivable Examples
Supervisor, Accounts Receivable Job Description
- Processes Group Invoices, Collection assignments, and has a good working knowledge of Accounts Receivable ( ie processing Group deposits, etc )
- Coaches and mentors the A/R team on collection & billing assignments, guest inquiries
- Oversees Training for new A/R Clerks and Finance MIT’s- sets up training schedules & participates in training
- Monitor’s Group Invoices/Billing ( ie review posting master report daily ) and delegates Group Billing assignments
- Attends or delegates attendance of Weekly Group Resume Meeting
- Attends or delegates attendance of “ Group Pre-Conference Meetings”
- Works with Sports Club A/R Supervisor – regarding Collection efforts and cross training among A/R team between Hotel and Club
- Responsible of City Ledger payment posting and allocation in timely and accurate manner
- Assist Senior Accountant in General ledger entries including but not limited to Bank, Accruals, Prepaid, Owning company interco., Revenue transactions
- Assist Senior Accountant in posting bank entries and prepare monthly bank reconciliations
- Perform monthly analysis of clearance accounts to ensure that transactions are properly justified before submitting to Senior Accountant for review
- Requires solid understanding of business principles, performance tracking (SLA & KPI), and department procedures
- Supervise employees within the Accounts Receivable area
- Establish work priorities and assign duties and workload within the assigned team
- Maintain summary status reconciliations, including contractual budgeted versus actual billings for all customer projects
- BA/BS in Business, Accounting or accounting or related discipline
Supervisor, Accounts Receivable Job Description
- Audits collector activities to ensure timely and accurate follow up in medical billing system
- Prepares daily and monthly reports to review open receivable to determine projects and workflows for the collector team
- Works accounts as assigned by the Director of Reimbursement
- Responds to requests for additional or specific posting and or collection information on certain accounts
- Conducts special projects and reports per the Director of Reimbursement
- Oversee a team of AR Specialists in support of the Americas footprint, inclusive of individual goal-setting, measurement and feedback against such goals and preparation of annual reviews
- Drive team achievement against regional and company cash targets
- Manage 3rd party collection agencies to supplement working capital initiatives
- Support a team of Working Capital Managers and Regional Management in their pursuit of cash goals
- Develop / prepare and analyze AR-specific metrics while recommending actions based on the data collected
- Ability to work within a team environment and as an individual contributor, ability to build stable working relationships internally and work extended hours as needed
- Experience utilizing accounting data within an ERP system, extracting and formatting ERP data exports and managing organized paperless records
- Ability to adapt to a changing environment with a seamless effect on the business
- Completed Bachelor’s degree in Business, Accounting or Finance
- Detail oriented with demonstrated ability to manage multiple projects simultaneously
- Minimum of 2 years experience in healthcare business office operations
Supervisor, Accounts Receivable Job Description
- Resolve payment issues with clients negotiate payment plans for delinquent accounts
- Perform department metrics and provide feedback to Sr
- Maintain accurate records of all transactions affecting responsible areas and provide financial information to all departments in the company outside auditors
- Meets accounts receivable operational standards by contributing information to strategic plans and reviews
- Provides regular reporting and analysis of AR aging, variances, DSO, returns, AFDA, to key senior managers in the business
- Oversee and approve daily deposit reconciliation to the general ledger
- Through subordinate staff, implement financial control procedures and systems
- Hiring, training, coaching, and setting employee objectives and evaluation of performance
- Plans, assigns and directs the work of the AR Direct Deductions department
- Coordinates special projects and testing new methods of auditing to keep up with the ever-changing and multi-channel environment
- Proficient in using Microsoft Excel spreadsheets
- They will need to be experts on cash application collections
- Good service attitude with regard to customers and internal staff like station managers
- 10+ years of AR Management
- Proven success in streamlining, developing KPI's and the ability to identify areas of improvement
- Success in significantly reducing DSO
Supervisor, Accounts Receivable Job Description
- Facilitate the identification of issues and solutions with staff related to delays in receiving payment
- Ensure compliance with federal, state and local regulations and statues for all payers
- Analyze, interpret and communicate accounts receivable issues to regional Field Operations
- Work with Field Operations leaders on bad debt reserve setting
- Ownership of the accounts receivable process to generate customer invoices on a daily, contractual or monthly basis depending on customer agreements ensuring accurate invoicing and the shortest business cycle from customer invoice to cash collection
- Maintain customer tax exemption forms and other tax or legal compliance requirements for proper invoice generation
- Coordinate and collaborate with Sales and Sales Administration teams to research and develop solutions to customer issues concerning invoicing, service performance or product failure to ensure proper revenue recognition and customer invoicing adjustments
- Prepare the daily cash application transactions ensuring all cash receipts are applied timely to the proper customer account and specific invoices including resolution of payment discrepancies (short pay, overpayment, tax remittance or retainage items)
- Design, evaluate and recommend more efficient means of gathering and reporting key accounts receivable metrics to management on a monthly basis to facilitate sound business decisions
- Assisting supervisor with special projects
- Must have a willingness to delve into a problem and understand the root cause
- Must be capable of making sound business decisions
- Must have knowledge and understanding of accounting principles and processes
- Proficient in Excel spreadsheet development, including the ability to create formulas & schedules
- Experience with accounting and billing software
- Experience with Oracle BRM and CRM
Supervisor, Accounts Receivable Job Description
- Responsible for the timely delivery of work to various functions in lockbox
- Accountable for oversight of the AR DM elements of the OTC End to End process, including overseeing issues resolutions, and the development and ongoing monitoring of KPI’s
- Work with the Training and Education department to develop and deploy training for new employees and provide ongoing training as needed Complete annual performance reviews for employees and provide timely feedback
- Collaborate with manager to oversee all incoming calls into the Business Office, follow up on account issues, collection processes, and other duties as assigned
- Overall ensure patient satisfaction while maintaining Facey's Vision and Business objectives
- Supervise Customer Service, Collection and ResearchAnalyst teams
- Work with manager to facilitate the coordination between teams, with process improvement projects and with implementations
- Understand the importance of a standardized work flow process to ensure the processes are developed, documented through the procedure notice process and monitored to support improved work flows
- Supervise staff to consistently reduce accounts receivable and improve cash flow for the organization
- Responsibilities include interviewing, hiring and training employees, planning, assigning and coordinating work
- Bachelor’s degree (8A/8S) from four-year College or university
- 2 year degree or 4 year degree in business or related disciple
- Previous experience working in receivables and/or collections preferred
- Ability to work in an individual and team-oriented environment
- Ability to work quickly, logically and accurately
- Ability to communicate effectively, both written and oral, in a professional manner