Sr. Manager of Accounts Receivable

Job Summary

The Senior Manager of Accounts Receivable is responsible for overseeing the end-to-end accounts receivable process to ensure timely and accurate collection of company revenues. This role involves managing a team, improving cash flow, minimizing risk, and ensuring compliance with company policies and industry regulations. The ideal candidate is a detail-oriented leader with strong analytical, communication, and organizational skills.

Duties and Responsibilities

• Oversee daily operations of the accounts receivable department, including billing, collections, credit management, and cash application.

• Lead and mentor a team of AR specialists and analysts, providing guidance, training, and performance feedback.

• Develop and implement AR policies, procedures, and best practices to ensure efficiency and accuracy.

• Monitor aging reports, identify risks, and develop strategies for reducing Days Sales Outstanding (DSO).

• Collaborate with internal teams (sales, customer service, legal, etc.) to resolve billing and payment issues.

• Establish credit limits, assess customer creditworthiness, and oversee credit risk management practices.

• Prepare and present regular AR performance reports to leadership.

• Ensure compliance with accounting standards GAAP)internal controls, and audit requirements.

• Manage relationships with key customers to ensure positive payment experiences and resolve disputes.

• Support month-end and year-end closing processes including account reconciliations and financial reporting.

• Identify and implement automation or system improvements to streamline AR processes.

• SME of AR systems, ERP platforms (e.g., SAP, NetSuite), and financial reporting tools.

• Other duties as deemed necessary.

Qualification Requirements

Minimum Education: BA/BS degree in a related field

Minimum Work Experience:

• Seven (7) or more years
• Prior AR management experience

Knowledge, Skills and Abilities

• Good communications skills

• Good analytical skills

• Good PC skills (Internet, Spreadsheets, and Word Processing)

• Must work well with other departments and in cross-functional areas

• Ability to work in a constant state of alertness

• Ability to work cooperatively with co-workers

• Ability to have regular and predictable attendance

Physical Requirements

Typical Office Work Environment