What are the responsibilities and job description for the Accounts Receivable Manager position at Baldor Specialty Foods?
The Accounts Receivable Manager will oversee and manage all AR activities to ensure timely and accurate billing, collections, and reconciliation of customer accounts. This role plays a critical part in maintaining cash flow and supporting operational efficiency in a high-volume, fast-paced food manufacturing environment. The ideal candidate will have experience in manufacturing or distribution, strong leadership skills, and a hands-on approach to resolving discrepancies and improving processes.
Key Responsibilities:
- Supervise and lead the Accounts Receivable team, including assigning tasks, reviewing work, and conducting performance evaluations.
- Ensure timely and accurate invoicing of customers in accordance with company terms and contracts.
- Monitor aging reports and follow up on outstanding invoices, proactively managing delinquent accounts.
- Partner with the Sales, Logistics, and Customer Service teams to resolve billing disputes and customer issues.
- Maintain strong working relationships with key accounts to ensure timely payment and customer satisfaction.
- Oversee the application of payments, credits, and adjustments in the ERP system (e.g., SAP, NetSuite, or similar).
- Establish, monitor, and enforce internal controls and credit policies specific to the food manufacturing industry.
- Prepare AR-related financial reports for leadership, including cash flow forecasts and DSO (Days Sales Outstanding) metrics.
- Support month-end and year-end closing processes, including account reconciliations and audit documentation.
- Lead or participate in process improvement initiatives to increase accuracy and efficiency in AR operations.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or related field required; CPA or CMA a plus
- 5 years of Accounts Receivable experience with at least 2 years in a managerial role.
- Prior experience in the food manufacturing or consumer packed goods (CPG) industry strongly preferred.
- Strong proficiency in Excel and financial systems (e.g., SAP, Oracle, or similar ERP systems).
- Demonstrated analytical and investigative skills; ability to interpret and synthesize data.
- Microsoft Excel: Basic analytics, data management, pivot tables, formulas
- Excellent problem-solving ability with persistent attention to detail.
- Effective written and verbal communication skills.
- Ability to thrive in a fast-paced, deadline-driven environment with cross-functional collaboration.
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