Accounts Receivable Manager Job Description

Accounts Receivable Manager Job Description

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55 votes for Accounts Receivable Manager
Accounts receivable manager provides support to Office Manager, Accounting Manager, Corporate Collectors and Corporate Collections Managers with inbound communications as needed.

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:

Handling billing and collections
Perform all monthly activity as needed utilizing Medea, ADM, Excel, Word
Supervise the invoicing, collections and accounts receivable aging process
Supervise the cash application and cash create process in Oracle
Perform A/R collections and reconciliations on a daily, weekly and monthly basis for 50+ international customers(CI customers) with various payment terms, ie, Net, Cash in Advance and Letters of Credit
Assist with all monthly activity as needed utilizing Medea, ADM, Excel, Word
Managing and developing the AR & Collections teams
Managing and improving the credit and collections processes
Ensures that third party billing is submitted correctly and that appropriate follow-up is performed
Overseeing customer credit, collections and cash receipts process

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:

Microsoft Excel
Excel
Similar software
Microsoft Office products
Collections
Company's ERP system
Billing
Generally Accepted Accounting Principles
Oracle
Client contractor relationship

Desired experience for accounts receivable manager includes:

Possess the drive to work hard and be dedicated
BS degree in Accounting or Finance, CPA is preferred
Experience in the multinational business environment is preferred
Write departmental policies and procedures
Produce monthly summary of results for use by Finance and Operating group management that will highlight key account issues and other trends
Escalate issues, customer disputes or unresponsive accounts to supervisor(s)

Accounts Receivable Manager Examples

1

Accounts Receivable Manager Job Description

Job Description Example
Our growing company is hiring for an accounts 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 accounts receivable manager
  • 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
Qualifications for accounts receivable manager
  • 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
2

Accounts Receivable Manager Job Description

Job Description Example
Our company is searching for experienced candidates for the position of accounts receivable manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for accounts receivable manager
  • 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
Qualifications for accounts receivable manager
  • 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
3

Accounts Receivable Manager Job Description

Job Description Example
Our company is growing rapidly and is hiring for an accounts 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 accounts receivable manager
  • 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
Qualifications for accounts receivable manager
  • 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
4

Accounts Receivable Manager Job Description

Job Description Example
Our company is searching for experienced candidates for the position of accounts receivable manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for accounts receivable manager
  • 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
Qualifications for accounts receivable manager
  • 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
5

Accounts Receivable Manager Job Description

Job Description Example
Our company is looking to fill the role of accounts receivable manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for accounts receivable manager
  • 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
Qualifications for accounts receivable manager
  • 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

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