What are the responsibilities and job description for the Accounts Receivable Manager position at Capital Lighting Fixture Company?
Position Summary
The Accounts Receivable Manager oversees the full AR function for a high-volume, fast-paced organization generating $70M in annual revenue. This role leads a team of three AR specialists and is responsible for invoicing, collections, cash application, credit management, and accurate financial reporting, while maintaining strong internal controls and customer relationships.
This position balances financial discipline with a customer-focused approach. The ideal candidate is a collaborative leader who drives process improvements while maintaining strong relationships across internal teams and customers.
Key Responsibilities
Leadership & Team Management
- Lead, mentor, and develop a team of 3 AR professionals
- Establish and track KPIs related to productivity, accuracy, and collections
- Foster a culture of accountability, continuous improvement, and customer service
Accounts Receivable Operations
- Oversee end-to-end AR processes: invoicing, collections, cash application, deductions, and reconciliations
- Ensure timely, accurate billing in line with contractual terms
- Monitor aging and drive reduction in DSO
Collections & Customer Management
- Manage collections with a professional, relationship-focused approach
- Enforce credit policies while balancing risk and customer needs
- Resolve escalated accounts and disputes
- Partner with Sales and Customer Service to address issues and improve outcomes
Credit Management
- Review and approve credit applications and limit adjustments
- Conduct ongoing credit reviews and recommend changes as needed
- Stay current on industry practices through professional organizations (e.g., NACM)
Sales Tax Management
- Oversee sales tax compliance, including setup, documentation, and reporting
- Manage exemption certificates (collection, validation, renewal, retention)
- Prepare and file returns in applicable jurisdictions
Cash, Reconciliation & Close
- Own AR-related bank reconciliations and resolve discrepancies
- Lead month-end AR close, including reconciliations and journal entries
- Ensure subledger accuracy and alignment with the general ledger
- Partner with Accounting on timely financial close
Cash Flow & Reporting
- Forecast collections and provide insight into AR trends
- Prepare monthly reporting (aging, DSO, bad debt)
- Use advanced Excel to analyze data and identify opportunities
Systems & Process Improvement
- Serve as SME for Microsoft Dynamics 365 AR module
- Maintain data integrity and efficient workflows
- Identify and implement process improvements and automation
Compliance & Controls
- Maintain strong internal controls and audit readiness
- Support internal and external audits
- Ensure compliance with GAAP and revenue recognition standards
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field
- 5–8 years of progressive AR/accounting experience, including leadership
- Experience managing AR for a mid to large company ($50M revenue preferred)
Technical Requirements
- Advanced Excel skills (pivot tables, XLOOKUP/VLOOKUP, INDEX/MATCH, data analysis)
- Experience with large datasets and reporting automation (Power Query/Power Pivot preferred)
- Microsoft Dynamics 365 experience preferred
- Strong background in reconciliations and month-end close
Core Competencies
- Deep understanding of credit, collections, and cash application
- Strong leadership and team development skills
- Analytical, problem-solving, and communication strengths
- Ability to balance financial discipline with a customer-focused approach
Work Environment
- On-site: 4 days in office, 1 remote day
- High-visibility, collaborative environment
Key Performance Indicators (KPIs)
- DSO
- Aging (current vs. past due)
- Collection Effectiveness Index (CEI)
- Cash application accuracy and timeliness
- Reconciliation accuracy and timeliness
- Bad debt/write-offs
What We’re Looking For
- A proactive, accountable leader
- A process-driven problem solver
- Someone who balances firm collections with strong relationships
- Comfortable in a fast-paced, growth-oriented environment
Benefits:
- 401(k)
- 401(k) matching
- AD&D insurance
- Dental insurance
- Disability insurance
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid sick time
- Paid time off
- Retirement plan
- Vision insurance
Work Location: In person
Salary : $70