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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 the accounts receivable department and ensure accurate and timely invoicing
- Oversee collections and follow up on outstanding invoices
- Review and reconcile customer accounts
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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 the accounts receivable department and ensure accurate and timely invoicing
- Oversee collections and follow up on outstanding invoices
- Review and reconcile customer accounts
- Monitor and analyze accounts receivable aging reports
- Develop and implement policies and procedures to improve efficiency
- Collaborate with other departments to resolve billing discrepancies
- Prepare financial reports and forecasts related to accounts receivable
- Supervise and train accounts receivable staff
- Ensure compliance with company policies and procedures
- Maintain strong relationships with clients and vendors
Requirement
- Bachelor's degree in Accounting or Finance
- Minimum of 5 years of experience in accounts receivable management
- Proficiency in accounting software and Microsoft Excel
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal abilities
- Detail-oriented and organized
- Ability to meet deadlines and work under pressure
- Knowledge of financial regulations
- Experience in supervising a team
- Strong leadership skills
Skills
- Accounts receivable management
- Invoicing and collections
- Financial analysis
- Team leadership
- Financial regulations
- Microsoft Excel
- Accounting software
- Problem-solving
- Communication skills
- Customer relationship management