Accounts Receivable Manager

Roles and responsibilities

We are looking for a result-driven accounts receivable manager to ensure the accurate invoicing of customers and the collection of payments on behalf of the company. The accounts receivable manager supervises the accounts receivable department and works closely with customers to ensure that payment deadlines are met.

• Conducting credit checks on new and potential customers.
• Implementing debt collection policies and regulations of the company.
• Implementing deadlines for invoicing and payment collection.
• Monitoring the invoicing and money collection processes.
• Ensuring the timely collection of payments.
• Negotiating with customers in cases when nonpayment occurs.
• Preparing monthly feedback reports on payment collections.
• Keeping records of invoices, deposits, and all correspondence regarding payment collection.
• Remaining informed of any legislative procedural training regarding debt collection.
• Training and mentoring of staff members in the department.
• Processing, verifying, and posting receipts for goods sold or services rendered.
• Researching and resolving account discrepancies.
• Processing and recording transactions.
• Maintaining records regarding payments and account statuses.
• Obtaining information from other departments to ensure records are accurate and complete and that accounts receivable ledgers and journals are up-to-date.
• Working with the collections department to review accounts, client payments, credit history, and develop new or better repayment terms.
• Performing administrative and clerical tasks, such as data entry, preparing invoices, sending bill reminders, filing paperwork, and contacting clients to discuss their accounts.
• Generating reports and statements for internal use.
• Engaging in ongoing educational opportunities to update job knowledge.

Desired candidate profile

To be successful as an accounts receivable manager, you should possess strong accounting skills and ensure the accuracy of the invoicing process. An outstanding accounts receivable manager should be able to ensure that customers pay their accounts on time to effectively strengthen the company’s financial position.

• A bachelor's degree in accounting or finance.
• At least 2 years of experience as accounts receivable manager or supervisor retail sales experience.
• The ability to work accurately and independently.
• Experience with accounting software such as Quickbooks and General Ledger and advanced knowledge of MS Excel.
• Good verbal and written communication skills.
• An eye for detail along with excellent analytical skills.
• Excellent report writing skills.
• Strong time and people management skills.
• Bachelor’s degree in accounting, finance, or related field.
• Strong math, typing, and computer skills, especially with bookkeeping software.
• Excellent communication, research, problem-solving, and time management skills.
• High level of accuracy, efficiency, and accountability.
• Attention to detail.
• Ability to build relationships with clients and internal departments.