Account Receivable Manager

About the Role

An Accounts Receivable Manager oversees the complete AR function, managing outstanding customer balances, leading collections efforts, conducting month-end closing and reconciliation, and directing an AR team across wholesale, retail, and e-commerce channels. This role ensures accurate financial reporting, maintains healthy cash flow, and minimizes bad debt exposure while supporting business growth through effective credit management.

Key Responsibilities

AR Operations & Month-End Close
Manage outstanding AR balances and approve daily AR transactions and adjustments. Lead month-end closing activities including reconciliation, aging analysis, and sign-off on AR data. Review and approve all month-end adjustments and corrections to ensure accuracy and compliance with accounting standards.

Collections & Cash Recovery
Develop and execute collection strategies; direct collection efforts and escalate past-due accounts. Monitor DSO and collection performance against targets. Implement credit memo offsetting strategies to recover cash from aged balances. Resolve customer payment disputes and negotiate payment plans.

Credit Management
Assess customer creditworthiness and establish credit limits. Approve credit applications and credit memo requests. Implement credit memo offsetting strategies to recover cash from aged balances. Enforce credit policies to balance business growth with risk management.

Team Leadership & Reporting
Lead and develop the AR team; set performance goals and hold team accountable for results. Prepare AR reports including aging analysis, collection metrics, and DSO trends. Provide AR forecasts and insights to sales, finance, and executive leadership. Support audit requirements and maintain documentation.

Qualifications

Required Skills & Qualifications

Education & Experience: Bachelor's degree in Accounting or Finance, 5-10 years AR experience, 2-3 years in leadership role
Technical Skills: Proficiency in accounting software, ERP systems, automation and AI tools for AR processes, advanced Excel, GAAP knowledge
AR Expertise: Month-end close, reconciliation, aging analysis, collections, credit memo offsetting
Leadership: Proven ability to lead and develop AR teams, set performance goals, drive accountability
Communication & Organization: Strong negotiation and communication skills, excellent time management, detail-oriented