Manager – Accounts Receivable

Job SummarySynechron 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 softwareStrong 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 platformsExperience with reporting and analytics tools such as Power BI or Tableau for financial insights Overall ResponsibilitiesLead the Accounts Receivable team to ensure accurate processing of receivables and adherence to collection schedulesDevelop and implement AR strategies, policies, and procedures aligned with organizational goals and financial best practicesOversee the management of overdue accounts, dispute resolution, and escalation proceduresCollaborate with finance, sales, and customer support teams to resolve receivables issues and improve cash inflow efficiencyManage cash allocation, reconciliations, and reporting related to receivablesEvaluate key metrics and leverage analytics to identify areas for process improvement and risk mitigationMentor and develop AR staff, fostering a culture of accuracy, responsibility, and continuous improvementLead automation initiatives to streamline AR processes and reduce manual effortStay 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 systemsPreferred: 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 Requirements8+ years of experience managing accounts receivable or related financial functions in a corporate environmentProven track record of leading AR teams and achieving performance targetsExperience implementing process improvements and automation within AR processesStrong knowledge of accounting principles and financial analysis in a large corporate or multinational settingIndustry-specific experience (e.g., finance, banking, consulting) is a plus but not mandatoryAlternative 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 ActivitiesOversee daily AR operations, ensuring collection targets are met and overdue accounts are minimizedAnalyze aging reports and cash flow impact to develop action plansLead team meetings, set KPIs, and review staff performanceCollaborate with billing, finance, and sales teams to address and resolve receivables issuesDrive initiatives for process automation and improvements in billing and collection workflowsPrepare and present AR performance reports to senior managementSupport audit and compliance processes related to receivables and financial reportingImplement and monitor controls to reduce bad debts and improve cash flow managementStay updated on best practices, industry trends, and regulatory changes affecting receivables management QualificationsBachelor's degree in Finance, Accounting, or related field; MBA or professional accounting certifications (CPA, CFA) are a plusProven experience in corporate receivables management, accounting operations, or related finance functionsStrong understanding of financial systems, accounting standards, and AR processesDemonstrated leadership ability and experience managing teams in a dynamic environment Professional CompetenciesStrong analytical and problem-solving capabilitiesEffective leadership and team management skillsExcellent communication and stakeholder management skillsAbility to work under pressure and manage multiple prioritiesCustomer-focused mindset with a focus on process excellence and continuous improvementDrive for innovation and leveraging technology to optimize AR operationsAdaptability to changing organizational needs and industry environmentsS​YNECHRON'S DIVERSITY & INCLUSION STATEMENT 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.Candidate Application Notice