Manager – Accounts Receivable

Job Summary Synechron is seeking an experienced Manager for the Accounts Receivable (AR) department to lead the team responsible for managing the company’s receivables process. In this role, you will oversee the accurate and timely collection of receivables, develop strategic initiatives to improve cash flow, and collaborate cross-functionally to support overall financial health. Your leadership, analytical skills, and industry knowledge will contribute to optimizing financial operations and aligning AR activities with broader business objectives. Software Requirements Required Skills: Proficiency in financial systems such as SAP, Oracle, QuickBooks, or equivalent enterprise financial software Strong working knowledge of Microsoft Excel (advanced features: pivot tables, macros, formulas) Experience with financial reporting, budgeting, and forecasting tools (e.g., SAP BPC, Oracle Hyperion, or similar) Familiarity with AR automation and workflow tools (if applicable) Preferred Skills: Knowledge of newer AR-related cloud solutions or AP/AR automation platforms Experience with reporting and analytics tools such as Power BI or Tableau for financial insights Overall Responsibilities Lead the Accounts Receivable team to ensure accurate processing of receivables and adherence to collection schedules Develop and implement AR strategies, policies, and procedures aligned with organizational goals and financial best practices Oversee the management of overdue accounts, dispute resolution, and escalation procedures Collaborate with finance, sales, and customer support teams to resolve receivables issues and improve cash inflow efficiency Manage cash allocation, reconciliations, and reporting related to receivables Evaluate key metrics and leverage analytics to identify areas for process improvement and risk mitigation Mentor and develop AR staff, fostering a culture of accuracy, responsibility, and continuous improvement Lead automation initiatives to streamline AR processes and reduce manual effort Stay informed of industry trends, regulatory changes, and best practices in receivables management Technical Skills (By Category) Financial Systems & Data Management: Required: Experience with SAP, Oracle, QuickBooks, or similar financial ERP systems Preferred: Knowledge of integration points with billing and collections platforms Data Analysis & Reporting: Preferred: Advanced Excel skills; competency in Power BI, Tableau, or similar analytics tools for financial reporting Process Automation & Tools: Preferred: Familiarity with AR automation software, robotic process automation (RPA) tools Accounting & Reconciliation: Required: Understanding of accounts receivable accounting, foreign currency transactions (if applicable), and reconciliation procedures Experience Requirements 8+ years of experience managing accounts receivable or related financial functions in a corporate environment Proven track record of leading AR teams and achieving performance targets Experience implementing process improvements and automation within AR processes Strong knowledge of accounting principles and financial analysis in a large corporate or multinational setting Industry-specific experience (e.g., finance, banking, consulting) is a plus but not mandatory Alternative pathways: Candidates with significant AR management expertise in related financial roles or industries will be considered if they demonstrate leadership and operational excellence Day-to-Day Activities Oversee daily AR operations, ensuring collection targets are met and overdue accounts are minimized Analyze aging reports and cash flow impact to develop action plans Lead team meetings, set KPIs, and review staff performance Collaborate with billing, finance, and sales teams to address and resolve receivables issues Drive initiatives for process automation and improvements in billing and collection workflows Prepare and present AR performance reports to senior management Support audit and compliance processes related to receivables and financial reporting Implement and monitor controls to reduce bad debts and improve cash flow management Stay updated on best practices, industry trends, and regulatory changes affecting receivables management Qualifications Bachelor’s degree in Finance, Accounting, or related field; MBA or professional accounting certifications (CPA, CFA) are a plus Proven experience in corporate receivables management, accounting operations, or related finance functions Strong understanding of financial systems, accounting standards, and AR processes Demonstrated leadership ability and experience managing teams in a dynamic environment Professional Competencies Strong analytical and problem-solving capabilities Effective leadership and team management skills Excellent communication and stakeholder management skills Ability to work under pressure and manage multiple priorities Customer-focused mindset with a focus on process excellence and continuous improvement Drive for innovation and leveraging technology to optimize AR operations Adaptability to changing organizational needs and industry environments Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more. All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.