Accounts Receivable Manager manages accounts receivable functions to ensure compliance with internal controls and accounting policies. Oversees collection activities such as sending follow-up inquiries, negotiating with past-due accounts, and keeping track of cash receipts. Being an Accounts Receivable Manager monitors account aging reports, identifies delinquent accounts, and refers accounts to collection agencies. Develops and implements controls and policies to ensure accurate and compliant receivable records. Additionally, Accounts Receivable Manager verifies customer credit limits and applicable payment terms. Audits methods and procedures of accounts receivable function to improve efficiency. Requires a bachelor's degree. Typically reports to a director. The Accounts Receivable Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Accounts Receivable Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
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BENEFITS
BASIC FUNCTION
The Accounts Receivable Specialist position processes all incoming payments. This position also researches issues with payments. The Accounts Receivable Specialist position serves as the first point of contact for all incoming calls regarding any accounts receivable issues.
SPECIFIC DUTIES AND RESPONSIBILITIES
Position may involve performing other duties as required, which may not be mentioned below. Specific functions may change from time to time.
STANDARDS OF PERFORMANCE
MENTAL AND PHYSICAL REQUIREMENTS
WORKING ENVIRONMENT AND CONDITIONS
EDUCATION, EXPERIENCE AND TRAINING
EQUIPMENT AND TOOLS
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