POST CONSUMER BRANDS Accounts Receivable Manager Salary in the United States

The Accounts Receivable Manager will be responsible for financial leadership of the receivable portfolio. Contributes to the achievement of order to cash objectives with a focus on maintaining Accounts Receivable ledger through deduction processing. This role serves as a decision-making point of contact for internal and external partners for customer master data, collections, bad debt reserves and allowances, cash application, credit limits, trade and non-trade deduction processing, customer chargebacks and AR reporting. The initial focus will be on process improvements, automation and ensuring function efficiencies. Team member managerial responsibilities include: accounts receivable, cash application, and credit and deduction analysts.

JOB ACTIVITES

1. Manage staff of approximately 2 direct reports and 19 indirect reports. (Accounts Receivable, Cash Application, Customer Master Data & Credit).
2. Responsible for managing changes to policy, procedures, system implementations, enhancements and upgrades. Monitor performance standards, job effectiveness and efficiencies.
3. Develop, monitor and report on key performance indicators. Identify gaps and issues. Execute on root cause analysis to remedy deficiencies.
4. Ensure workflow and workload in the AR Department is managed to maximize efficiency and utilization of employees’ time and abilities.
5. Assist with developing and implementing strategic department goals.
6. Mentor and train staff on best practices.
7. Ensure compliance with internal control policies in a SOX environment.
8. Develop and provide timely dashboard KPI deficiency reporting to Sales leadership for action.
9. Make recommendations for policy and procedure improvements to simplify and plan towards scalability. Establishes the proper techniques to discover and prevent fraud.
10. Participate in the implementation or modification of Company computer systems to ensure appropriate financial integrity, controls and audit trails exist for transactions impacting the Company’s reported financial results.
11. Bankruptcy liaison between Company and the insolvent customer. File reclamation claims to the court, assign and coordinate preliminary action steps with legal counsel. Prepare reporting, documents and support to recover potential revenue from the Reclamation or Preference Actions.
Investigate potential third party sell of reclamation for higher dollar percentage recovery to Company.
12. Assist in company transformation to a platform for growth.
13. Assist in order to cash integration plans during times of mergers & acquisitions.
14. Provide ad-hoc analysis and support on projects, as assigned.

JOB REQUIREMENTS

Education: Four year college degree; Prefer CCE credit designation. Knowledge of accounting required as well as applicable credit and bankruptcy laws.

Experience: Ten years’ experience in Credit, Collections and Deductions, preferably at a consumer packaged goods company; strong emphasis in accounting, credit and collection techniques, credit law, bankruptcy process, deduction resolution, problem solving and financial analysis. Knowledge of Sales & Marketing terms, trade contracts and trade process.

Management Skills: Strong analytic and leadership skills are required. The Accounts Receivable Manager should demonstrate the ability to build a team, mentor and progress team member skills; maintain a strong customer service culture; work with a high degree of accuracy; be self-motivated, able to manage multiple demands and set priorities to achieve objectives and deadlines; good problem solving and the ability to complete projects independently. This position is hands-on and detail oriented.
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JOB COMPLEXITY
Relationships:
Internal - Communicate with: Sales, Customer Support and Trade Finance regarding customer accounts, including credit risk/deduction/repay activity. IT concerning technology updates, upgrades, trouble shooting and special reporting needs; SVP Legal, Sales leadership, VP Finance about bankruptcy and High risk accounts.
External - Verbal, written, on-site visits with Customer’s accounts payable team members, buyers, CFOs, brokers, freight carriers, national credit association boards and members, as well as Auditors.

Problem Solving: Plan, organize and coordinate work activity for the Credit, Cash Application and Deduction processing teams. Meet scheduled deadlines and assist in projects.
Maximize sales objectives while limiting credit risk
Identify problem accounts and take action accordingly – utilize reporting options.
Engage in discuss with IT work requests and software requests to enhance department performance.
Manage and lead projects along with ensuring completeness and timeliness. Proven analytical skills and the ability to work in a team environment.

JOB ACCOUNTABILITY

Work Structure: Works under the direction of the Accounting Director. Work structured by various high level deadlines.

Responsibilities: Responsible for managing company Accounts Receivable function including: collections, credit limits, terms extension to our customer base. Maintaining a balance of sales objectives and risk analysis to reach a harmony that achieves positive results. Ensure appropriate accounting practices and tax concerns are in place to meet regulatory requirements. Ensure the necessary internal controls exist to insure safety of the Company’s assets. Errors in work could have a significant impact on business decisions and/or results. Assist in the implementation of automated processes and system improvements.
Manage and develop department staff.

Post Holdings provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, status as a covered veteran and any other category protected under applicable federal, state, provincial and local laws.