What are the responsibilities and job description for the Accounts Receivable Manager position at M&W Transport?
Job Overview
We are seeking a dynamic and detail-oriented Accounts Receivable Manager to lead our accounts receivable team and ensure the efficient management of incoming payments. This pivotal role involves overseeing the entire revenue cycle, maintaining accurate financial records, and ensuring compliance with accounting standards. The ideal candidate will bring a strong background in accounting software, financial concepts, and customer service, with a passion for optimizing processes and fostering positive relationships with clients. Join us to play a key role in maintaining our company's financial health and supporting our growth initiatives.
Duties
- Manage the full accounts receivable process, including invoicing, collections, account reconciliation, and aging analysis to ensure timely cash flow.
- Supervise and mentor the accounts receivable team, promoting best practices in data entry, account analysis, and account reconciliation.
- Utilize accounting software such as QuickBooks, Sage, PeopleSoft, or similar systems to record transactions accurately and efficiently.
- Collaborate with other departments to resolve billing discrepancies, negotiate payment plans, and improve the revenue cycle management process.
- Ensure compliance with financial regulations including GAAP and SOX requirements while maintaining accurate journal entries and double-entry bookkeeping records.
- Conduct credit analysis for new and existing clients, assessing risk factors related to medical billing, governmental accounting standards, or nonprofit accounting practices.
- Perform detailed account analysis using analysis skills to identify issues related to debits & credits or CPT coding errors in medical collections or billing processes.
- Maintain high standards of phone etiquette when communicating with clients regarding overdue accounts or payment arrangements.
- Prepare reports on accounts receivable aging, collection status, and other key metrics for senior management review.
Requirements
- Proven experience managing accounts receivable functions within a fast-paced environment; experience in public accounting or financial services is highly desirable.
- Strong understanding of financial concepts including revenue cycle management, account reconciliation, journal entries, and technical accounting principles.
- Proficiency with accounting software such as QuickBooks, Sage, PeopleSoft, or similar platforms; familiarity with medical terminology, ICD-10 coding, CPT coding is a plus.
- Knowledge of SOX compliance standards and experience implementing internal controls within accounting processes.
- Excellent analysis skills for account analysis, data entry accuracy, and investigation of discrepancies related to debits & credits or account reconciliation.
- Ability to handle complex negotiations professionally while maintaining excellent phone etiquette and customer service skills.
- Familiarity with governmental or non-profit accounting practices is advantageous.
- Strong math skills including 10 key typing proficiency; understanding of medical billing procedures is beneficial.
- Demonstrated ability to perform double entry bookkeeping accurately while managing multiple priorities effectively. Join us as an Accounts Receivable Manager to lead our revenue cycle efforts with energy and precision! Your expertise will help us maintain financial integrity while fostering positive relationships with our clients—making a real impact every day!
Pay: $52,000.00 - $62,400.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Health insurance
- Paid sick time
- Paid time off
Work Location: In person
Salary : $52,000 - $62,400