AR Manager
Apply NowCompany: Soni Resources Group
Location: Somerset, NJ 08873
Description:
An industry leading Retailer is on a search for a strong AR Manager. This candidate will be a leader that can manage a team and own the AR, Credit, & Collections functions.
Responsibilities:
Requirements:
Preferred Skills:
Compensation: $120,000-$130,000
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.
Responsibilities:
- Lead the Credit and Collections team, establish and monitor monthly department and individual collection goals, based on measurable results
- Manage the day-to-day operations of the Credit and Collections team and be the go-to person for the day-to-day operational support of the team, provide guidance, analysis and resolve issues
- Lead the team to peak performance, streamline processes, drive change, generate efficiencies and establish, improve and document credit and collections related processes and controls
- Strong leadership experience with an analytical, collaborative, and positive mindset
- Support cash management and cash applications
- Make determinations on credit lines and terms of payment
- Conduct analysis and full understanding of customer base and related risk, review hold and blocked lists
- Manage accounts receivable aging and bad debt reserves and write-offs
- Manage the interaction and communication with credit and collections agencies
- Evaluate proper staffing levels and facilitate the staffing, training, motivation and development of the team
- Other duties as assigned
Requirements:
- BA/ BS in Accounting
- Minimum of 7 years hands-on credit collections experience in a CPG or similar environment
- Minimum of 3 years AR and Collections managerial experience, managing teams of 5 or more, improving the AR and collections of complex high-volume businesses
- SAP systems experience
- Cash management experience
- Advanced Excel skills including pivot tables, Vlookups and spreadsheets
- Strong communication, interpersonal, detail and team oriented, problem solving skills
- Demonstrated leadership and motivational skills
Preferred Skills:
- Luxury Retail/ CPG experience
- Large company exp.
Compensation: $120,000-$130,000
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.