Manager, Accounts Receivable Job Description

Manager, Accounts Receivable Job Description

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Manager, accounts receivable provides operational and technical accounting expertise to ensure compliance with GAAP, company policies, rules, regulations and laws.

Manager, Accounts Receivable Duties & Responsibilities

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

Sample responsibilities for this position include:

Assist in establishing policies, procedures and internal controls to ensure the integrity of the financial statements and general ledger balances in accordance with GAAP and corporate policies
SAP direct skill set
Evaluates and makes appropriate improvements to internal accounting processes, policies and controls to ensure that practices are in line with the goals of the organization
Assures compliance with self-pay and bad debt policies
Establish and maintains policies and procedures
Provides training for new associates on A/R procedures and policies, implementation of new procedures
Manage the team against all “people” policies in the FSSC, including discipline
Lead monthly Accounts Receivable sales team meetings
Ensure daily cash receipt reconciliations are performed and electronic and hard copies of daily cash receipts are maintained
Oversee the preparation of the monthly Cash Receipts Forecast

Manager, Accounts Receivable Qualifications

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

Licensing or Certifications for Manager, Accounts Receivable

List any licenses or certifications required by the position: CPA, MBA, WHT, EPIC, CPC, APM, SAP, CCE, PMP, CBA

Education for Manager, Accounts Receivable

Typically a job would require a certain level of education.

Employers hiring for the manager, accounts receivable 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 Manager, Accounts Receivable

Desired skills for manager, accounts receivable include:

Applicable rules
Guidelines that impact patient accounting
Insurance company practices regarding reimbursement
Laws
MS Office Products
Policies
Regulations
SAP
B2B Collections and Cash Applications
North American gas and power markets and competitors would be considered an asset

Desired experience for manager, accounts receivable includes:

Monitor trends in each region individual customer portfolio for potential issues that could have a significant impact on cash flow
Incorporate any noted trends into the cash receipts forecast
Maintaining client schedules and bill back reports
Researching ACH payments and wires
Payment approvals for checks
Audit reviews to ensure timely client payments

Manager, Accounts Receivable Examples

1

Manager, Accounts Receivable Job Description

Job Description Example
Our growing company is looking for a manager, accounts receivable. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager, accounts receivable
  • Detail oriented and consistent attention to accuracy
  • Review/approve broadcast orders – checking for credit, contra versus cash, co-op, new business
  • Be responsible for the overall health of company’s AR
  • Manage daily/weekly/monthly cash flow reporting metrics
  • Prepare weekly working capital metrics
  • Manage problematic AR accounts
  • Work directly with AR supervisors & FinOps teams to streamline processes
  • Hands on management of the corporate office accounts receivable department
  • Responsible for the performance of all accounts receivable functions including maintaining accurate customer ledgers, monitoring accounts, posting cash receipts, credit card receipts, ticketing receipts, box office receipts, managing credit card merchant accounts company-wide, producing accurate agings and other reports as necessary for management review
  • Assist with the financial closing process including reconciliation and analysis of accounts as necessary
Qualifications for manager, accounts receivable
  • Acts as company wide system “expert” on proper policy and procedures for accounts receivable processing
  • Execute special projects as necessary at the direction of the CFO and Controller
  • Support the Director to coordinate and plan monthly activities to ensure work is complete, accurate, and prepared timely and efficiently
  • Oversee relationship of Analysts with customers
  • Assist with hiring and training of new employees as needed
  • Must be able to manage individuals, train and influence change
2

Manager, Accounts Receivable Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of manager, accounts receivable. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, accounts receivable
  • Assures that denials are corrected and filed
  • Oversees the timely and accurate posting of charges and payments on a daily basis
  • Prepares timely month endclosing activities
  • Regularly reviews AR data and develops strategies to improve revenue
  • Ensures that correct coding and compliance guidelines are being adhered to during the collection process
  • Research, track, and resolve accounting or documentation problems and discrepancies
  • Proper recording and applying cash receipts, management of aged receivables, and direct interfacing with customers on collection issues to expedite payments
  • Daily reporting of cash receipts, and reconciling customers's accounts containing adjustments
  • Supporting financial planning by forecasting daily cash receipts
  • Properly employing Accounts Receivable operational standards
Qualifications for manager, accounts receivable
  • Diverse computer competency with high level of proficiency in Microsoft Office, especially Excel
  • Prepare staff members’ training plan for the department, planning/interviewing
  • 3 + years of refunds, credits and payment posting experience
  • Maintaining accuracy of Aging Report to issue monthly statements to customers
  • Updating and working close with Sales Department reporting all past due balances of 45 days or greater
  • Completing and reconciling projects / statements on past due accounts
3

Manager, Accounts Receivable Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of manager, accounts receivable. 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 manager, accounts receivable
  • Ensure the timely collection of all outstanding amounts
  • Forecast, communication and deliver upon monthly cash goals to meet business needs
  • Deal with specific customer service issues as required
  • Resolve all escalated customer queries and disputes with appropriate stakeholders
  • Undertake key period end activities including timely reconciliation of the AR sub-ledger
  • Promote standardization of AR processes
  • Ensure that the controls framework is applied to FSSC Accounts Receivable activities
  • Actively review and manage the unallocated cash account to ensure balances are minimized
  • Continually enhance the reputation for excellent Customer Service both internally and externally
  • Maintain good working relationships with other FSSC teams
Qualifications for manager, accounts receivable
  • Provide timely and accurate management information and KPIs on a monthly basis
  • Ensure service is delivered in line with agreed controls and procedures
  • Ensure service is delivered in accordance with the Service Level Agreement
  • Take accountability for SLA and KPI statistics related to functional area
  • Support process and system improvement projects
  • Liaise with the supported businesses to clear mismatches and other discrepancies
4

Manager, Accounts Receivable Job Description

Job Description Example
Our company is hiring for a manager, accounts receivable. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager, accounts receivable
  • Works with sales teams to monitor and develop plans to improve customer working capital
  • Creates tracking reports and assists with the preparation of quarterly and yearly audit requests
  • Leads team, selects/hires
  • Escalate accounts to Sales Management, Sr
  • Provide weekly reporting to Sr
  • Responsible for adjudication of third party and private medical claims
  • Able to handle team of 10-15 resources
  • Proper management of outstanding invoices, and direct interfacing with customers on collection matters and dispute resolution with professional
  • Manage campaign status, and launch service
  • Review stamp duty
Qualifications for manager, accounts receivable
  • Experience in managing accounts payable/receivable and knowledge and understanding of Generally Accepted Accounting Principles (GAAP) and/or International Financial Reporting Standards (IFRS)
  • Have a proven track record in credit collections and credit analysis preferably in a manufacturing environment
  • An equivalent combination of education and relevant experience may be considered
  • Applied general accounting practices and procedures
  • Ability to multi-task successfully and meet deadline pressures in a fast paced team environment is essential
  • 2-4 years finance/accounting experience at studio, public accounting firm or ad agency preferred
5

Manager, Accounts Receivable Job Description

Job Description Example
Our growing company is looking to fill the role of manager, accounts receivable. 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 manager, accounts receivable
  • Ensure correct coding of all customer invoices and payments are timely process in the ERP system
  • Large volume of monthly reconciliations (customer statements and correct discrepancies as necessary)
  • Support financial statement external and internal audits
  • Handle adjustments and special arrangements on terms of payment
  • Prepare monthly aging reports
  • Analysis of over-payments, refunds, partial payments
  • Other functions within the department as needed
  • Daily management of Cash Application team members including hiring, training, scheduling and monitoring team workloads, and evaluating and driving individual performance
  • Daily management of Cash Application business processes and the Accounts Receivable system
  • Tier 1 support and expertise for Customer Logistics Account Teams, other SBAs, and other departments related to the Accounts Receivable system
Qualifications for manager, accounts receivable
  • Must have current Construction background
  • Use of Timberline or Texture Software a PLUS!
  • Credit dashboard development
  • Coach/Mentor team members wherever required
  • Handle any escalations and setup proactive measures to ensure error free operations
  • Support team priorities and initiatives and effectively manage workload

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