Accounts Receivable Manager

Broco Oil•Haverhill, MA

12h

About The Position

The Accounts Receivable (AR) Manager is responsible for overseeing the organization's accounts receivable function, ensuring accurate and timely billing, collections, cash application, and credit management. This role manages the AR team, strengthens internal controls, improves cash flow, and ensures compliance with company policies and accounting standards. Send resumes to [email protected].

Requirements

Bachelor's degree in accounting, finance or related field
A minimum of 5 years' experience in a similar role and related field
A minimum of 2 years' supervisory or management experience.
Strong knowledge of AR best practices
Experience with ERP/accounting software programs
Ability to work both independently and collaboratively with staff on projects in a fast-paced, dynamic environment and within tight timeframes.
Multitasking & Attention to Detail: Ability to work independently or within a team, maintaining accuracy and meeting deadlines.

Nice To Haves

CPA preferred

Responsibilities

Accounts Receivable Oversight Oversee the full accounts receivable cycle, including invoicing, cash application, credit review, and collections.
Ensure timely and accurate billing in accordance with contractual terms.
Monitor aging reports and proactively manage past-due accounts.
Review and approve credit limits and payment terms.
Collections & Cash Flow Management Develop and implement effective collection strategies to reduce DSO (Days Sales Outstanding).
Escalate delinquent accounts when necessary.
Forecast cash receipts and provide reporting to senior leadership.
Identify trends and recommend process improvements to optimize cash flow.
Reconciliations & Reporting Reconcile AR subledger to the general ledger.
Prepare monthly AR reporting packages, including aging analysis and bad debt reserves.
Assist with month-end, quarter-end, and year-end close processes.
Support internal and external audits.
Process Improvement & Controls Establish and maintain strong internal controls over receivables.
Identify opportunities for automation and system enhancements.
Ensure compliance with company policies and accounting principles.
Maintain accurate documentation of procedures and workflows.
Cross-Functional Collaboration Work with Sales and Operations to resolve billing disputes.
Partner with Accounting and Finance teams on revenue recognition and reporting.
Communicate effectively with customers to maintain positive relationships.
Team Leadership Establish department policies and procedures
Maintain and protect operations by keeping all information confidential.
Maintains professional and industry knowledge by reviewing professional publications and staying up to date on industry trends and products
Maintains a safe and clean working environment by complying with procedures, rules and regulations.
Contributes to team effort by accomplishing related results as needed
Directly supervise the AR team.
Provide mentorship and oversee performance evaluations and expectations