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)
Description
JOB TITLE
Accounts Receivables
REPORTS TO (title)
Accounting Manager
DEPARTMENT NAME
Administration
1. PRIMARY PURPOSE -
The primary purpose of Accounts Receivable is to input customer payments, purchases, and expenditures for the company. Making sure that all payments incoming are being accurately accounted for and paid in a timely manner.
2. ESSENTIAL DUTIES AND RESPONSIBILITIES - (90%)
Account Receivable:
3. OTHER DUTIES AND RESPONSIBILITIES – (10%)
Requirements
5. MINIMUM QUALIFICATIONS AND EXPERIENCE -
· High School Diploma or GED required.
· Typically requires 2-4 years of experience or degree focusing in business/ accounting.
· Proficient at exporting, manipulating and importing excel files between software systems.
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