Manager, Accounts Receivable

Celsius•Boca Raton, FL

3d•Onsite

About The Position

As the Manager of Accounts Receivable, you will supervise and drive the performance of the Accounts Receivable function, ensuring efficiency and accuracy in all processes. In this role, you will lead and oversee the automation project for intelligent receivables, which encompasses critical areas like payment application and deduction processing. Your contributions will be key in shaping the transformation and ongoing support of the Cash Management function, positioning it for future success. In-Office: Based full-time at CELSIUS® Headquarters in Boca Raton, FL

Responsibilities

Develop and maintain monthly recurring cash management reports (e.g., DSO, aging, etc.).
Prepare weekly A/R performance reporting, aging analysis, and collections updates.
Compile data and conduct statistical and analytical studies related to billing volume, payments, outstanding bills, cash flow, and revenue fluctuations.
Analyze various cash management reports, ensuring accuracy and proper classification of customer receipts in collaboration with divisions and corporate finance.
Prepare and review month-end balance sheet reconciliations related to accounts receivable.
Complete all monthly, quarterly, and annual controls and ensure all Blackline tasks are submitted and certified.
Ensure high-quality invoicing and collection procedures.
Monitor the month-end close and project performance processes to identify improvement opportunities.
Manage invoicing and payment discrepancies in coordination with Sales and Operations.
Review AR trial balances for errors such as misapplied credits or payments.
Handle customer deductions, including credit memo processing, management approval, and root-cause resolution.
Troubleshoot collection issues, including missing PODs, EDI issues, and rejected invoices.
Collect accounts by contacting customers, investigating non-payment, negotiating resolutions, and expediting payments.
Monitor aging balances and recommend write-offs.
Manage setup of new customers.
Transition customers to electronic payment processes where possible.
Administer customer programs, including new accrual setup, reporting, and results analysis.
Review contract and agreement terms for program and allowance accruals.
Maintain updated program documentation for each customer.
Respond to customer audits by reconciling and validating claims.
Fulfill internal and external audit requests promptly.
Interface across departments, especially Sales and Operations, to ensure alignment on contracts, deductions, and returns.
Assist in developing training materials for AR products and lead client training sessions.
Develop and maintain user documentation for systems and operational processes.
Create departmental SOPs for invoicing and collections and ensure stakeholder understanding and compliance.
Perform special projects and other duties as assigned.
Work on ad-hoc reports and requests as needed.