JOB SUMMARYThe Accounts Receivable Manager oversees the accounts receivable group for North America (NAM) ASSA ABLOY Global Solutions. In this role, the manager will oversee both the AR Specialist team and the AR Research team. The individual will also be in charge of reviewing and approving sales orders for new customers, and maintaining strong relationships with both internal and external customers.
DUTIES AND RESPONSIBILITIES- Maintain healthy inflows of cash by leading the team's collection efforts
- Reduce bad debt balances and prevent balances from going into bad debt
- Reduce balances aged 91+ days
- Identify accounts at risk of aging and work proactively to mitigate risk
- Lead Accounts Receivable Specialists by providing clear direction to reduce aging risks across all sales types
- Lead Accounts Receivable Research Analysts by providing direction on reconciliation of disputed account balances
- Understand invoicing language in major account contracts and provide support to properly collect on these accounts and minimize aging risk
- Develop and improve process to address cash application, project reconciliation, order intake, and other processes that flow thru accounts receivable as appropriate
- Provide reporting to leadership on a weekly/monthly basis addressing current AR status and risk
- Work cross functionally to improve processes and gain buy-in on collection efforts
SKILL REQUIREMENTS AND PERFORMANCE CRITERIAThe ideal Account Manager for AR is a self-motivated, organized, proactive, problem solver with a positive attitude.
- Undergraduate degree in Accounting or related field
- A clear understanding of accounting principles including accounts receivable, accounts payable, invoicing, credits and debits, chargebacks, cash application, and credit terms.
- Excellent communication skills, both written and verbal
- Cross-functional leader
- Proficient in Microsoft Office Product-emphasis on Outlook, EXCEL, and WORD
- Full understanding of the business cycle from sale to collections
- Strong aptitude and working knowledge of ERP systems such as Microsoft AX or similar
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