Job Description:
• Lead and manage the accounts receivable team to ensure timely and accurate invoicing, collections, and cash application processes.
• Develop and implement revenue cycle strategies to optimize cash flow and reduce days sales outstanding (DSO).
• Collaborate with sales, finance, and customer service teams to resolve billing disputes and improve customer satisfaction.
• Monitor key performance indicators (KPIs) related to revenue and receivables, providing regular reports and insights to senior leadership.
• Ensure compliance with accounting standards, company policies, and regulatory requirements related to revenue recognition and accounts receivable.
• Drive process improvements and automation initiatives to enhance efficiency and accuracy in revenue and receivables management.
• Manage relationships with external auditors and support financial audits related to revenue and accounts receivable.
• Provide leadership, coaching, and professional development opportunities to team members to build a high-performing department.
Requirements:
• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Minimum of 7 years of progressive experience in accounts receivable, revenue management, or financial operations.
• Proven experience managing teams and leading revenue cycle or accounts receivable functions.
• Strong knowledge of accounting principles, revenue recognition standards, and financial reporting.
• Proficiency with enterprise resource planning (ERP) systems and accounts receivable software.
• Master’s degree in Business Administration, Finance, or Accounting (preferred).
• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) designation (preferred).
• Experience in a leadership role within a large or complex organization (preferred).
• Familiarity with advanced data analytics and business intelligence tools (preferred).
• Experience implementing process automation and digital transformation initiatives in finance (preferred).
Benefits: