Accounts Receivable Manager

Haverhill, NH - USA

Monthly Salary: Not Disclosed

Posted on: 15 hours ago

Vacancies: 1 Vacancy

Job Summary

The Accounts Receivable (AR) Manager is responsible for overseeing the organizations accounts receivable function ensuring accurate and timely billing collections cash application and credit management. This role manages the AR team strengthens internal controls improves cash flow and ensures compliance with company policies and accounting standards.

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Accounts Receivable Oversight

Oversee the full accounts receivable cycle including invoicing cash application credit review and collections.
Ensure timely and accurate billing in accordance with contractual terms.
Monitor aging reports and proactively manage past-due accounts.
Review and approve credit limits and payment terms.

Collections & Cash Flow Management

Develop and implement effective collection strategies to reduce DSO (Days Sales Outstanding).
Escalate delinquent accounts when necessary.
Forecast cash receipts and provide reporting to senior leadership.
Identify trends and recommend process improvements to optimize cash flow.

Reconciliations & Reporting

Reconcile AR subledger to the general ledger.
Prepare monthly AR reporting packages including aging analysis and bad debt reserves.
Assist with month-end quarter-end and year-end close processes.
Support internal and external audits.

Process Improvement & Controls

Establish and maintain strong internal controls over receivables.
Identify opportunities for automation and system enhancements.
Ensure compliance with company policies and accounting principles.
Maintain accurate documentation of procedures and workflows.

Cross-Functional Collaboration

Work with Sales and Operations to resolve billing disputes.
Partner with Accounting and Finance teams on revenue recognition and reporting.
Communicate effectively with customers to maintain positive relationships.

Team Leadership

Establish department policies and procedures
Maintain and protect operations by keeping all information confidential.
Maintains professional and industry knowledge by reviewing professional publications and staying up to date on industry trends and products
Maintains a safe and clean working environment by complying with procedures rules and regulations.
Contributes to team effort by accomplishing related results as needed

Supervisory Responsibilities:

Directly supervise the AR team. Provide mentorship and oversee performance evaluations and expectations

Minimum Qualifications:

Education Certifications and/or Licenses:

Bachelors degree in accounting finance or related field
CPA preferred

Experience:

A minimum of 5 years experience in a similar role and related field
A minimum of 2 years supervisory or management experience.

Knowledge/Skills:

Strong knowledge of AR best practices
Experience with ERP/accounting software programs
Ability to work both independently and collaboratively with staff on projects in a fast-paced dynamic environment and within tight timeframes.
Multitasking & Attention to Detail: Ability to work independently or within a team maintaining accuracy and meeting deadlines.

Required Experience:

Manager