Accounts Receivable Manager

Toyota Industries Commercial Finance•Dallas, TX

2d•Hybrid

About The Position

This position will play an integral role for supporting our growth within the United States, the North American Region, and becoming a leading captive sales finance organization for TICO and in the industry globally. This position will be a part of the Accounting group under TICF Finance Organization and will make significant impact to the financial performance of the organization by leading, planning, and executing local, global, and affiliate Accounts Receivable management. The incumbent will ensure balance sheet strength by developing initiatives to efficiently apply customer remittances for TICF and other regional/affiliate partners, lead, plan and execute AR strategy for new product offerings, oversee TICF’s Accounts Receivable Cash Application strategy including dashboard creation and reporting. The incumbent will enable AR regional data analytics capabilities, including reporting and monitoring of important key risks metrics and customer credit exposures and limits, lead AR discussions including developing KPI’s to ensure effectiveness and establish sound AR policies and procedures to ensure billing and collections activities are in-compliance with accounting and audit guidelines.

Requirements

5 – 10 years of experience in accounting, accounts receivable, financial analysis, and/or business operations
BA in Accounting, Business, Finance or related field required
4 + years managerial experience
Ability to analyze processes and recommend improvements in a continuously changing environment required
Heavy experience with Microsoft Office required

Nice To Haves

Experience supervising a process-oriented environment a plus
CPA license preferred
Experience managing/querying large amounts of data preferred
Knowledge of/experience in the financial services industry a plus
Experience with BillTrust preferred
Experience with Odessa preferred
Experience managing/querying large amounts of data preferred

Responsibilities

Work across multiple departments to manage and lead accounts receivable (AR) and cash application initiatives ensuring customer accounts are accurate and current
Work with Accounting, Risk and Treasury to minimize risk to the organization by ensuring customer accounts are accurately reflected
Collaborate with affiliate business units, other TICF departments, and outside service providers to help install and develop new IT system(s) for TICF
Responsible for reporting AR, sharing data across multiple TICF departments to bring awareness to opportunities, countermeasures, and remediation efforts
Support other TICF teams, including Accounting, FP&A, Tax, Major Accounts, Collections, Customer Service, Remarketing, etc.
Manage, mentor, train, and coach staff to ensure high level results are achieved for TICF
Work with the TICO, TMH, and TINA, Affiliate Dealers teams as needed to resolve AR issues
Lead AR SME assigned projects as needed
Accountable for accurate and timely accounting and reporting of customer AR for TICF
Ensure team daily cash account reconciliations are completed on time and within TICF policy
Ensure TICF departments perform customer account reconciliations and analyses in a timely and accurate manner
Ensure compliance with all applicable JSOX controls
Ensure compliance with internal and external audit
Provide support to Accounting for Escheatment (unclaimed property) efforts
Evaluates the accuracy and reasonableness of financial information
Ability to work through complex customer account reconciliations which involve multiple systems and working with customers to identify payment and account misclassifications
Prepare reports that identify outstanding customer credits and recommending disposition of the funds
Prepare reports that identify unapplied cash postings and work with departments to minimize the amounts reflected on the Balance Sheet each month
Work with Treasury and Risk teams to optimize banking solutions for immediate and seamless application of customer funds
Accounts Receivable SME that provides support related to requests for all TICF departments and affiliated companies
Manage and support internal and external audit during all audit procedures
Coach, mentor, train, and provide developmental opportunities for staff
Promote and support innovation & collaboration
Subject matter expert in the following areas 1) accounts receivable 2) financial systems (e.g. Odessa, BillTrust and SAP Financial, a plus) 3) governance and controls (i.e. SOX, and other internal controls)
Lead and/or support projects and initiatives (e.g. Reginal project, Servicing System, Customer and/or Dealer Portal) as needed
Reports to Sr Manager Level manager
Manages a team of at least 5-7 accounts receivable analysts, cash application analysts, and/or accountants including the team Supervisor
Responsible for managing cash application strategy for the Company, across multiple departments
Assists the Accounting leadership team in providing accurate and relevant information for reporting TICF AR
Promotes and support collaboration and innovation
Aids in the growth and development of associates
Provide associates with regular feedback including individua one-on-one and group meetings
Conducts objective/goal setting and career development sessions in accordance with Company prescribed timelines
Create an environment in which associates can share ideas, be included, and feel a sense of ownership

Benefits

Competitive compensation, a company-wide bonus program, market leading benefit package, and joining one of the world’s most admired brands are all part of TICF’s employment value proposition.
Choices of where you work and when you work - because we all value something different. Hybrid work schedules allow for flexibility where you work. There is required collaboration in office on Tuesdays and Wednesdays, but the flexibility to work from home the rest of the week. A unique 9/80 work schedule gives you flexibility when you work. Choose from alternating Fridays off or consider the Choice schedule which allows you a fixed morning or afternoon off each week.
A Personalized Ride. Design and order your own personal Toyota or Lexus leased vehicle through TICF’s Associate Lease Program which includes all insurance, maintenance, and registration costs plus easy payroll deduction. Prefer to own your car? You can also purchase a Toyota or Lexus vehicle on terms available exclusively to Toyota Associates and eligible family members.
Time Away. In addition to vacation time, TICF also offers paid personal and sick time, as well as 14 paid company holidays - including a paid year-end shutdown period for most departments. Plus, the ability to rollover unused time.
Education Assistance. Are you weighed down by student debt? TICF will pay $200 per month up to a total of $20,000 to assist you with repaying your student loans. Interested in furthering your education – TICF will pay up to $5,250 toward your ongoing education in addition to company sponsored training.
Comprehensive Care. We know you need great insurance to care for yourself and your family. TICF offers a low cost, low deductible PPO plan as well as a CDHP plan with employer contributions to your Health Savings Account. With an expansive Blue Cross Blue Shield network, you can get the care you need when you need it. Affordable dental and vision, along with an array of flexible spending accounts gives you the ability to pick and choose what works for your care.
The Support You Need. Advocacy and an employee assistance program makes sure you have the support you need when issues arise. No cost short term disability, long term disability, and 2x annual salary life insurance/AD&D protects you when the unexpected occurs.
Retirement Readiness. You can immediately participate in our 401(k) program through Fidelity Investments with a company match of 66 2/3% up to 6% and the flexibility of pre-tax, Roth and after-tax contributions.
A Family Focused Culture. Four weeks of paid parental bonding leave, plus paid maternity leave and adoption assistance.
Community Involvement. Eight hours of paid time to volunteer at one of TICF’s community partners.