Account Receivable Manager Job Description

Account Receivable Manager Job Description

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Account receivable manager provides technical trainings and knowledge transfer of JDE, US GAAP accounting, internal policies and procedures to incoming R&C accounting team.

Account Receivable Manager Duties & Responsibilities

To write an effective account receivable manager job description, begin by listing detailed duties, responsibilities and expectations. We have included account receivable manager job description templates that you can modify and use.

Sample responsibilities for this position include:

Manage communication and processes between business office and hospital departments involved in the revenue cycle and identify areas for improvement
Establish and track key metrics for flow through the revenue cycle such as
Manages collections activity for a
Drive a portfolio of ~$50-100M USD in Accounts Receivable for Key Accounts, Be the Finance Partner for Key Client Managers & GSC teams
Responsible to drive Customer outcomes through positive customer experience in finance-related processes
Own Key Client relationship from a Finance perspective
Develops management reports and presentations on AR performance, contribute to the completion of weekly financial forecasts and month-end financial reporting
Support timely and accurate application of cash to open AR to include 1-2 cash specialists
Manage the planning, strategic goals and objectives of both the accounts receivable and cash applications department
Supervise staff to ensure completion of goals and development of associates in accordance with Corporate and departmental goals

Account Receivable Manager Qualifications

Qualifications for a job description may include education, certification, and experience.

Education for Account Receivable Manager

Typically a job would require a certain level of education.

Employers hiring for the account receivable manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business/Administration, Healthcare Administration, Associates, Accountancy, Health Care Administration, Business, Management, Tourism

Skills for Account Receivable Manager

Desired skills for account receivable manager include:

Computer applications & GAAP would be desirable
MAERSK Systems
Excel
AR report generation
Account Reconciliation
Accounting principles and standards
Accounts receivable accounting policies and procedures
BDDP posting
Balance reconciliation
Basic accounting

Desired experience for account receivable manager includes:

Home Healthcare billing experience highly preferred
Minimum of a high school diploma or GED, college degree preferred
Minimum 8 years of relevant Government contract billing experience required
Must work in process-driven environment with ability to identify/initiate process improvements and efficiencies
Must be able to work independently, self-review, can multi-task, meet deadlines and work effectively with multiple priorities and new assignments required
Ability to develop reports in COGNOS, a plus

Account Receivable Manager Examples

1

Account Receivable Manager Job Description

Job Description Example
Our company is looking to fill the role of account receivable manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for account receivable manager
  • Continue to streamline back end OTC functionality leveraging High Radius and RPA toolsets
  • Drive the identification, escalation and resolution of Customer Deductions, in a timely basis through the continued leveraging of High Radius, including workflow approvals and maintaining KPI’s to drive process improvements through the OTC function
  • Participate in the development of departmental goals and objectives and be a catalyst for change
  • Responsible for SOX Review and Compliance
  • Manage the continued migrations of disparate Watts divisions to Mfg/Pro-QAD
  • Provide additional insight into areas of increased efficiencies by becoming a subject matter expert within the role
  • Closely monitor and review Customer accounts, including the establishment of Credit Limits using a Dunn & Bradstreet toolset, establishment of specific reserves at quarter end and close review on Watts’ top 100 customers
  • Constant willingness to challenge the status quo
  • Conduct credit checks
  • Negotiate with clients in non-payment cases
Qualifications for account receivable manager
  • Minimum of three to five years of experience in Billing/Collections
  • BA in Business, Finance or Accounting
  • At least 3 years’ experience as an AR Cash Applications Manager
  • Prior experience with Dispute Management selling to Retailers is beneficial
  • Prior experience in a high volume invoicing and cash applications environment along with applying third party tool sets to facilitate efficiencies and effectiveness
  • 7 – 10 years of progressive work experience in the AR/Cash Applications functional area
2

Account Receivable Manager Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of account receivable manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for account receivable manager
  • Support Accounts Receivable Clerks on a daily basis and train new team members
  • Ensure COD reconciliation done properly and remit to customer as agree lead time
  • The position may manage the accounts receivable pledge processor as a direct report
  • Establish goals and expectations for direct reports
  • Manage aged trial balance
  • Liaise with customers to ensure payments are received on time
  • Liaise with Sales department to ensure timely authorisation of claims
  • Ensure that payments received are allocated correctly
  • Ensure there are no unallocated receipts at the month end
  • Make recommendations to changes in Bad Debt Provision
Qualifications for account receivable manager
  • While performing the duties of this job, the employee is frequently required to walk, talk, and/or hear
  • This is an opportunity for a leader with a minimum 5 years of credit and collection experience in a similar environment and will ideally have experience in the apparel or related industry
  • Knowledge of ERP systems, Microsoft Dynamics AX system desired
  • Master's degree or up to 7 years of experience
  • Previous experience in Finance Shared Services for a Global company a strong plus
  • Ability to recognize an issue or concern, research best practices for resolution and set a plan in place to resolve the problem
3

Account Receivable Manager Job Description

Job Description Example
Our growing company is looking to fill the role of account receivable manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for account receivable manager
  • Responsible to drive Customer outcomes through positive customer experience in finance related
  • Will manage physician billing revenue cycle processes and vendors
  • Works with one up to develop department goals in alignment with organizational goals
  • Day-to-day planning, oversight, and maintenance of Revenue Cycle workflow to achieve efficient and effective processes
  • Oversees the job functions of staff as it relates to the process flow and encourages ongoing skill development and hands-on problem solving within and outside the department
  • Acts in a proactive manner to identify issues, develop resolution and implement change within department/organization objectives
  • Identify and implement quality improvement initiatives geared toward improved customer/employee satisfaction
  • Ensures successful management of daily department operations
  • Conducts regular department meetings for purposes of education, goal monitoring, and feedback
  • Balances operational needs, resources, and timelines
Qualifications for account receivable manager
  • Proven ability to develop and use creative & innovative methods and judgment to enhance the overall effectiveness/quality of the pledge processing system without compromising internal controls
  • Ability to maintain professionalism, discretion, and confidentiality at all times
  • Minimum of 2 years Account Receivable and Collection or relevant experience
  • Provides leadership in problem identification and resolution
  • Bachelor’s Degree in Business Administration, Finance, Accounting, Healthcare Administration or related field required
  • Experience in Revenue Cycle preferred
4

Account Receivable Manager Job Description

Job Description Example
Our growing company is looking to fill the role of account receivable manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for account receivable manager
  • Prepares financial assessments to determine ROI of assigned projects
  • Set strategic direction for projects
  • Formulate necessary business plans, organize and outline new process and establish formal policies and procedures for all new or modified processes
  • Provide necessary data, analysis and relevant reports
  • Understand and apply OtC processes (Cash application and collection), policies, procedures and internal control standards
  • Ensure AR accounts are reconciled
  • Ensure processing quality is maintained within the team
  • Ensure month end closing process of receivables within given timelines
  • Take care of complaint’s queries, give feedback, updates to Customer and ensure completion
  • Drive KPI reporting activities
Qualifications for account receivable manager
  • Minimum of a high school diploma or GED, some college preferred
  • Certification in area of expertise preferred
  • Excellent research, problem-solving and analytical skills as it relates to Revenue Cycle area of expertise
  • Ability to problem solve and create alignment across several internal functions to achieve business objectives
  • Ability to manage multiple tasks on time and on budget
  • Leadership, managerial, and team building skills
5

Account Receivable Manager Job Description

Job Description Example
Our company is looking to fill the role of account receivable manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for account receivable manager
  • Be a leader with proactive approach within a team to deliver continuous improvement
  • Coordinate delivery of documentation requested by internal/external auditors
  • Support manager with leading the AR team to ensure meeting the agreed SLA
  • Act as Cluster Manger back up in case of need
  • Proven experience in a AR Manager/FP&A/Credit Role
  • Bachelor degree in Finance, Accounting or Business preferred
  • A positive, can do attitude with strong interpersonal skills
  • People Development activities that include building, retaining talent, developing, engaging, rewarding and recognizing individuals and the team setting and supervising career paths
  • Responsible for performance reviews and Salary Planning
  • Drive efficiency & productivity across AR teams
Qualifications for account receivable manager
  • Affinity with IT – understanding of ERP system SAP (D)
  • Strong planning and organizational skills with the ability to manage multiple priorities
  • Ability to handle numerous requests from internal and external sources in a courteous, professional and collaborative manner
  • Ability to communicate effectively to all audiences, including physicians, peers, coders, billers, and payers
  • Experience in streamlining processes, project planning, and public speaking
  • Highly motivated, detail oriented with the ability to motivate teams and/or co-workers

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