Accounts Receivable Manager Job at Confidential, Northbrook, IL

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  • Confidential
  • Northbrook, IL

Job Description

The Accounts Receivable Manager leads the credit-to-cash cycle, ensuring the company maintains a healthy cash flow through efficient invoicing and diligent collections. This role focuses on optimizing DSO, managing the AR team, and balancing firm credit enforcement with positive customer relationships.

An Accounts Receivable (AR) Manager is the guardian of a company’s cash flow. It’s a role that requires a unique blend of "numbers person" precision and "people person" diplomacy—you have to ensure the bills get paid without alienating the customers who pay them.

salary: $35 - $40 per hour
shift: First
work hours: 8 AM - 5 PM
education: Bachelors

Responsibilities

Strategic Oversight & Reporting

  • Cash Flow Forecasting: Provide leadership with accurate projections of incoming cash.

  • KPI Management: Track and report on metrics such as DSO, Collection Effectiveness Index (CEI), and aging buckets.

  • Audit Support: Serve as the primary point of contact for internal and external audits regarding receivables and revenue recognition.

Credit & Collections

  • Credit Policy: Establish and maintain the company’s credit policy; approve or deny credit limits for new and existing customers.

  • Escalation Management: Handle high-level disputes and negotiate payment plans for delinquent accounts.

  • Bad Debt Management: Identify accounts for third-party collections or legal action and manage the allowance for doubtful accounts.

Operational Excellence

  • Invoicing & Billing: Ensure all invoices are generated accurately and sent out on schedule.

  • Cash Application: Oversee the daily reconciliation of payments (ACH, wire, checks) to ensure the general ledger is accurate.

  • Process Improvement: Streamline workflows through automation (e.g., implementing ERP enhancements or AI-driven collection tools).

Team Leadership

  • Mentorship: Supervise a team of AR specialists/clerks, providing training and performance reviews.

Skills
  • AR (1 year of experience is required)
  • AR Billing
  • Basic Accounts Receivable
  • Project Manager
  • Oversee accounting functions
  • Certified Cash Manager
  • GAAP
Qualifications
  • Years of experience: 2 years
  • Experience level: Manager
Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.

Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).

This posting is open for thirty (30) days.

Job Tags

Hourly pay, Daily paid, Permanent employment, Temporary work, Work experience placement, Shift work

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