Accounts Receivable Manager
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Job Location:
Irving, TX - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Overview
We are seeking a detail-oriented and experienced Accounts Recievable Manager to oversee the day-to-day operations of our AR function collection experience in B2B. This role is responsible for managing the full-cycle accounts recievable process ensuring timely and accurate processing of invoices and payments maintaining vendor relationships and leading a small team of AR specialists. The ideal candidate brings strong technical accounting skills leadership capabilities and a continuous improvement mindset.
Shermco Industries is seeking an AR Manager
Responsibilities
Strategic Management
- Develop and implement collection strategies:Create and execute advanced collections strategies to optimize cash flow strengthen customer relationships and align with company financial targets.
- Manage credit risk:Establish maintain and approve credit limits for new and existing customers particularly for marginal or slow-paying accounts.
- Drive process improvements:Identify inefficiencies and implement new processes and technologies such as automation software and ERP systems to increase efficiency and reduce the days sales outstanding (DSO).
- Contribute to financial strategy:Provide insight into customer payment behaviors and trends that can inform broader company planning and revenue-related decisions.
Team Leadership
- Manage the AR team: Manage a team of specialists and senior specialists providing guidance training and performance feedback.
- Mentor and develop staff:Foster a high-performing team by coaching and developing staff to enhance their skills and growth.
- Collaborate cross-functionally:Work closely with the sales customer service and legal departments to resolve complex issues related to billing payments and collection
Financial Operations and Reporting
- Oversee billing and collections:Manage the entire AR cycle including billing cash applications and dispute resolution to ensure timely and accurate processing.
- Analyze financial data:Monitor AR metrics and analyze aging reports to forecast collections identify trends and provide insights to senior management.
- Manage month-end close:Oversee and manage the monthly AR close process including reconciling the AR sub-ledger to the general ledger (GL).
- Ensure compliance:Adhere to and document internal controls related to billing and collections ensuring full compliance with regulatory standards like SOX.
Qualifications
Associate or Bachelors degree in Accounting Finance or a related field (Bachelors preferred)
5 years of experience in accounts recievable with at least 2 years in a supervisory or lead role
Strong knowledge of GAAP and AP best practices
Experience with accounting or ERP systems (e.g. SAP Oracle NetSuite etc.)
Proficiency in Microsoft Excel and other Office applications
Excellent organizational and problem-solving skills
Strong interpersonal and communication skills
Proven ability to lead and develop a team
Experience in a utilities energy or field service organization
Familiarity with invoice automation and AR workflow tools
Knowledge of multi-entity or multi-location operations
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Shermco Industries will not recognize claim to any unsolicited resumes or candidate information from third party agencies. All inquiries from third party recruiting agencies should be directed to
Pay Range
Required Experience:
Manager
Key Skills
- Journal Entry
- Customer Service
- Collection effort
- A/R Management
- Past due Account
- General Ledger Accounting
- Accounting
- Excel
- Payroll
- Financial statement
- Collection procedures
- Customer Account
- Delinquents Account
- Direct Reports
- Timely collections
