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.
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).
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, and 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
Accounts Receivable Managers play an integral role in a business's successful day-to-day operations. 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
Shared Services Manager
For hiring managers ready to recruit an Accounts Receivable Manager, download our job description template.
For job seekers who need to write or update their resume, download our resume guide and template.
An AR Manager manages a team that records all the payments that a company receives. Depending on the size of the company, they can also be responsible for the collections team.
Often, the AR Manager could be referred to as a Credit Manager.
As an AR Manager, you need skills such as strong attention to detail, staff management, process management, and the ability to work with complex accounting systems.
The AR Manager might report to the Financial Controller, Finance Manager, or Shared Services Manager. This will depend on the size and the structure of the organisation's finance team.
An AR Manager can pursue several career paths. If you excel at managing people, a Shared Services Manager role is an option. With strong system skills, more systems-accounting roles are a possibility. If accounting is your expertise, you could study for an Accounting qualification and then look for a financial accounting position.
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