Senior Manager, Accounts Receivable
Prada Group•New York, NY
•$125,000 - $140,000
About The Position
The Senior Manager, Accounts Receivable is responsible for leading the day to day AR process – from billing and cash applications to collections and dispute resolution, ensuring accuracy, compliance of multiple business entities including: Retail, Outlets, Ecommerce, and Wholesale for USA and Canada.
Requirements
- 5+ years in accounts receivable management
- Bachelor’s degree in Accounting or Finance preferred
- Strong knowledge of AR processes, credit administration, collections, and financial controls; expertise in SAP system
- Strong interpersonal and communication skills; ability to build partnerships and communicate ideas across all levels and departments within the Company
- Proactive work ethic with excellent project, time and people management skills
- Comfortable multi-tasking with accuracy in a fast-paced environment
- Ability to anticipate, accommodate and lead change to achieve goals
Responsibilities
- Review AR aging reports, identify high-risk accounts and ensure timely collection of outstanding customer balances and monitor past-due receivables
- Lead, coach and develop AR analysts
- Review AR aging reports, identify high-risk accounts
- Ensure accurate AR reconciliation, cash applications, bad-debt provisions and reporting
- Monitor, maintain, verify, and reconcile outstanding invoices, including chargebacks and RTVs
- Ensure payment terms are respected; work closely with customers to communicate payment needs and facilitate the collection of funds
- Prepare invoice aging reports and report on account status
- Manage Finance Dept’s involvement during the stock take processes throughout store/warehouse network, including checks and audits
- Identify opportunities to automate and streamline invoicing, collections, cash application and reconciliation process
- Develop AR policies, collection strategies, forecasts and long-term improvements to the order-to-cash process
- Implement technology solutions, streamline workflows, and align AR systems with business objectives
- Support internal and external audits and ensure AR policies comply with company and accounting requirements
- Work closely with HQ counterparts to coordinate AR activities
- Support the VP of Finance, CFO and other team members on special projects as needed
Benefits
- Bonuses and other incentive opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Manager
