Job Description & Role Information
For employers looking to fill an Accounts Receivable Manager vacancy, the following sample position description can help you to attract the best candidates for the role. By tailoring this position description according to your company's specific job requirements, you have an excellent interview tool for comparison purposes.
For job seekers looking for an Accounts Receivable Manager role, this job description details what the role may involve and what skills and experience are required to give you the best chance of securing the position.
Overview of the Role:
Typically reporting to the Finance Manager, the Accounts Receivable Manager is responsible for tracking revenue and ensuring payments are received and accurately recorded. This role often shares a number of responsibilities of a Credit Manager (depending on the size of the organisation).
Typical job duties and responsibilities:
To efficiently measure and manage the receipts owed to a company by their customers, an Accounts Receivable Manager must perform a wide range of job duties and responsibilities. These may include, but are not limited to:
Managing the Accounts Receivable function of the company
Manage a team of Accounts Receivable Officers and possibly the Credit Officers (in larger companies)
Assisting or performing duties of the Accounts Receivable Officer when necessary
Reconciliation of payments, bank and credit card accounts, foreign currency payments (if applicable)
Performing daily financial transactions such as verifying, calculating and posting accounts receivable data
Reconciling the accounts receivable ledger to ensure that all payments are accounted for and accurately posted
Working closely with other finance managers in the team
Supporting the month end process
Generating receivables' reports
Communication of process to be undertaken for bad debts
Skills and attributes:
Accounts Receivable Managers play an integral role in the successful day to day operations of a business. Some of the more common skills and attributes that are most needed may include, but are not limited to:
Experience performing full function accounts receivable duties
Solid understanding of basic accounting principles, fair credit practices and collection regulations
Proven ability to manage accounting figures and financial records
Staff management experience
Appropriate handling of sensitive information
Ability to prioritise and multitask in a fast-paced environment
Excellent verbal and written communication skills
Ability to identify and project manage new initiatives
Ability to build good relationships with vendors and suppliers
Understand the importance of accuracy and attention to detail
Intermediate computer software skills, including Excel and other accounting packages
$80 - $100k + Super
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