Accounts receivable – Manager
3 weeks ago
Job Description – Accounts receivable – Manager
Global Finance
We are seeking an experienced Accounts Receivables (AR) Manager with exposure to the Quote-to-Cash (QTC) process to oversee and optimize the accounts receivable function. This role is responsible for managing billing, collections, cash applications, dispute resolution, and credit control while ensuring efficiency in the end-to-end QTC cycle. The ideal candidate will have strong leadership skills, process improvement expertise, and experience with ERP systems.
Key Responsibilities:
Accounts Receivable Management:
- Oversee the end-to-end AR function, ensuring timely invoicing, collections, and accurate cash applications.
- Monitor aging reports, follow up on overdue accounts, and drive collection efforts to minimize DSO (Days Sales Outstanding).
- Establish and enforce credit policies and risk management strategies to ensure healthy cash flow.
- Manage the customer dispute resolution process, collaborating with sales and operations teams to address issues efficiently.
- Ensure accurate recording and reconciliation of accounts receivable transactions in compliance with company policies and accounting standards.
Quote-to-Cash (QTC) Exposure:
- Work closely with Sales, Order Management, and Finance teams to ensure a smooth Quote-to-Cash process.
- Assist in contract reviews, ensuring billing terms align with negotiated agreements.
- Improve billing and revenue recognition processes to optimize cash flow and reduce revenue leakage.
- Provide input on system enhancements and automation in QTC-related workflows.
Process Optimization & Reporting:
- Develop and implement AR process improvements, leveraging automation where possible.
- Generate and analyze AR performance reports, including collections, credit exposure, and bad debt provisions.
- Identify and execute best practices to enhance efficiency and reduce outstanding receivables.
- Collaborate with IT and Finance teams to improve ERP/CRM integrations related to AR and QTC functions.
Leadership & Compliance:
- Lead and mentor a team of AR specialists & Leaders, fostering a high-performance culture.
- Ensure compliance with GAAP/IFRS, company policies, and regulatory requirements.
- Liaise with external auditors and regulatory bodies during audits and financial reviews.
Qualifications & Skills:
- Bachelor's degree in accounting, Finance, or Business Administration (CPA, CMA, or MBA is a plus).
- 10+ years of AR experience, with at least 6 years in a leadership role.
- Exposure to Quote-to-Cash (QTC) processes, including billing, contracts, and revenue recognition.
- Strong knowledge of ERP systems (SAP, Oracle, NetSuite, or similar) and automation tools.
- Proficiency in Microsoft Excel and financial reporting tools.
- Excellent analytical, problem-solving, and communication skills.
- Experience in credit risk assessment and collections strategy.
- Ability to work cross-functionally and drive process improvements.
Preferred Experience:
- Background in SaaS, manufacturing, or service-based industries.
- Preference for individuals exposed to other aspects of the OTC cycle and already in captive settings
- Familiarity with subscription billing models and revenue recognition standards (ASC 606/IFRS 15).
- Experience in leading digital transformation or automation initiatives in AR/QTC processes.
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