Accounts Receivable Manager Job Description

The accounts receivable manager (AM) manages a company’s accounts receivable department.

He/she is responsible for making collections on accounts that have gone past their due dates.

The AM may also negotiate payment terms with delinquent customers.

A collection agency may be engaged by the AM to follow up with delinquent accounts.

The AM reports to the vice president of finance or chief financial officer, and may be responsible for managing a small accounts receivable department.

Job Brief:

We’re looking for an Accounts Receivable Manager to join our team. The ideal candidate will have experience managing a team of AR specialists and will be responsible for ensuring that our customers’ invoices are paid on time. If you’re a self-starter with a positive attitude and a strong work ethic, we want to hear from you!

Accounts Receivable Manager Duties:

• Manage accounts receivable to ensure timely payment of all invoices
• Maintain a high credit score to avoid late payments and help avoid interruptions in cash flow
• Research and resolve billing errors
• Track customer accounts, review outstanding invoices and process payables
• Create invoices, receive payments, and process refunds
• Follow up on open invoices and pending payments
• Efficiently manage daily cash flow
• Record all receipts and expenditures
• Prepare monthly and annual reports
• Manage administrative functions, such as filing and data management -Support company objectives by contributing to team effort

Accounts Receivable Manager Responsibilities:

• Maintain and monitor daily cash balances and collections for assigned accounts, including collections on delinquent accounts
• Perform collections research as needed
• Process invoices for payment
• Research and develop alternative payment solutions, and negotiate terms with vendors, if necessary
• Monitor cash management and report variances to management
• Maintain and update accounting records
• Oversee administrative and logistical support tasks

Requirements And Skills:

• Bachelor’s degree in accounting, finance, or business
• 3+ years of accounting experience in a fast-paced, customer-focused environment
• Excellent communication skills, with the ability to engage with customers at all levels
• Experience in managing monthly/quarterly close process
• Strong analytical skills, including working knowledge of Microsoft Excel

Our company is committed to diversity and inclusion in the workplace. We encourage applications from all people, regardless of race, religion, national origin, gender, , or age.