Accounts Payable/Receivable Supervisor jobs in Alba, MO

JOB DESCRIPTION:

Company Overview: Red Monkey Foods is a leading private label spice and seasoning manufacturing and bottling company dedicated to delivering high-quality products that embrace and enhance the flavors of the world. With a commitment to innovation and excellence, we have established ourselves as a trusted partner in the market. As we continue to grow, we are seeking a highly skilled and motivated Accounts Receivable Supervisor to join our finance team.

Position Overview: The Accounts Receivable Supervisor will play a pivotal role in ensuring the financial health of Red Monkey Foods. Responsible for overseeing the accounts receivable function, the successful candidate will be tasked with optimizing cash flow, minimizing bad debt, and maintaining strong relationships with customers. This position reports directly to the Chief Financial Officer and offers an exciting opportunity for a dynamic professional to contribute to the financial success of the organization.

Key Responsibilities:

 Accounts Receivable Management:

o Implement and maintain efficient accounts receivable processes and procedures.

o Monitor and analyze accounts receivable aging reports to identify overdue accounts and take

appropriate action.

 Credit Management:

o Assess and establish credit limits for new and existing customers.

o Collaborate with sales and customer service teams to evaluate creditworthiness of customers

and make informed credit decisions.

 Collections:

o Develop and execute effective collection strategies to minimize overdue accounts and reduce

DSO (Days Sales Outstanding).

o Communicate with customers regarding overdue payments and negotiate payment plans when

necessary.

 Customer Relationship Management:

o Build and maintain strong relationships with key customers to facilitate timely payments and

resolve any billing or payment issues.

o Address customer inquiries and concerns related to billing and collections.

 Reporting and Analysis:

o Prepare and present regular reports on accounts receivable performance, including aging

analysis, cash flow projections, and bad debt reserves.

o Conduct trend analysis to identify areas for improvement and implement corrective actions.

 Process Improvement:

o Continuously evaluate and enhance accounts receivable processes to increase efficiency and

effectiveness.

o Work collaboratively with cross-functional teams to streamline order-to-cash processes.

Qualifications:

 Bachelor's degree in Finance, Accounting, or a related field.

 Proven experience as an Accounts Receivable Manager in a consumer goods manufacturing

environment.

 Strong understanding of credit management principles and collection strategies.

 Excellent analytical and problem-solving skills.

 Effective communication and interpersonal skills.

 Proficient in ERP systems and Microsoft Office, especially Excel.

Red Monkey Foods is an equal opportunity employer and affirmatively seeks diversity in its workforce. Red Monkey Foods recruits qualified applicants and advances in employment its employees without regard to race, religious creed, color, national origin, ancestry, physical or mental disability, marital status, sex, age, veteran status, sexual orientation, or any other category protected by law.