Accounts Receivable & Collections Manager

The Third Group

Accounts Receivable & Collections Manager

Fort Lauderdale, FL
Full Time
Paid
  • Responsibilities

    A/R & Collections Manager

    Position Summary

    The A/R & Collections Manager leads the Accounts Receivable function, overseeing day-to-day operations, team performance, and systems implementation. This role is accountable for all invoicing, collections, and cash application activities, with a focus on maintaining healthy cash flow through proactive monitoring of customer accounts and AR aging.

    Key Responsibilities

    • Manage daily AR department operations, including the development and enforcement of policies, procedures, and internal controls
    • Oversee and streamline billing, collections, and cash application processes
    • Lead the monthly AR close, including sub-ledger to GL reconciliation, revenue reporting, and preparation of month-end schedules and reports
    • Review daily aging reports to monitor collection status and reduce collection cycle times
    • Audit delinquent accounts to ensure all collection efforts have been exhausted prior to bad-debt designation
    • Partner with sales and division leadership to enforce collection guidelines and resolve disputes promptly
    • Manage chargebacks and outstanding AR claims in coordination with internal departments
    • Support year-end and internal audit processes by responding to information requests and providing documentation
    • Identify billing and collections trends and initiate corrective actions to protect cash flow
    • Compile and analyze data on billing volume, payments received, outstanding balances, and cash fluctuations; prepare regular and ad hoc management reports
    • Maintain working knowledge of deferred revenue and unbilled AR
    • Monitor, coach, and evaluate AR team performance; manage labor utilization and department goal-setting
    • Foster clear, timely internal communication across the team and with cross-functional stakeholders

    Qualifications

    • Bachelor's degree in Accounting, Finance, or a related field, or equivalent experience
    • 5+ years of experience in billing, collections, and accounting within a corporate or audit environment
    • Advanced proficiency in Microsoft Excel
    • Strong analytical and data entry skills with a high degree of accuracy
    • Ability to manage multiple priorities, learn quickly, and cross-train across accounting functions