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Accounts Receivable Manager Job Description
An Accounts Receivable Manager oversees the collection of payments from customers and manages the accounts receivable team. They develop and implement strategies to optimize cash flow and minimize bad debt. This role is crucial for the financial health of the organization.
Use this Accounts Receivable Manager job description template to attract talented candidates to your finance team. Customize the details to reflect your organizational needs.
Accounts Receivable Manager Responsibilities Include:
- Manage and oversee the accounts receivable team
- Monitor and analyze accounts receivable aging reports
- Ensure timely collection of payments from customers
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Job Brief
We are looking for a proactive Accounts Receivable Manager to lead our receivables department and ensure timely collection of outstanding invoices. In this role, you will develop processes to optimize cash flow and minimize overdue accounts.
You will manage a team of collection specialists, providing them with guidance and support to meet targets. Strong analytical skills will be necessary to assess performance metrics and implement improvements.
The ideal candidate should have experience in accounts receivable management and possess excellent leadership skills. Knowledge of relevant financial regulations is also important. This role presents an opportunity to make a significant impact on our financial operations.
Responsibilities
- Manage and oversee the accounts receivable team
- Monitor and analyze accounts receivable aging reports
- Ensure timely collection of payments from customers
- Reconcile accounts and resolve any discrepancies
- Prepare and review financial reports related to accounts receivable
- Develop and implement policies and procedures to improve efficiency
- Collaborate with other departments to resolve customer inquiries
- Assist with month-end and year-end closing processes
- Provide training and guidance to team members
- Stay up-to-date on industry trends and best practices
Requirement
- Bachelor's degree in Accounting or Finance
- Minimum 5 years of experience in accounts receivable management
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal abilities
- Proficiency in accounting software and Microsoft Excel
- Detail-oriented with a high level of accuracy
- Ability to work under pressure and meet deadlines
- Knowledge of accounting principles and regulations
- Experience in managing a team
- CPA certification is a plus
Skills
- Accounts receivable management
- Financial analysis
- Communication skills
- Problem-solving
- Microsoft Excel
- Accounting software
- Attention to detail
- Team management
- Customer service
- Regulatory compliance