We are seeking an experienced Finance Manager - Accounts Receivable & Collections to join our Finance team and play a key role in managing and strengthening our accounts receivable and collections operations.
Position Overview
We are seeking an experienced Finance Manager - Accounts Receivable & Collections to oversee AR and collections and help improve cash flow and overall collection performance.
The ideal candidate will have 7-10+ years of finance/accounting experience, with strong Accounts Receivable and Collections experience in the construction or electrical contracting industry. This is a hands-on role focused on commercial customer accounts, project billing, collections, and resolving billing issues.
Key Responsibilities
- Oversee daily Accounts Receivable and Collections activities.
- Manage AR aging, past-due balances, and collection priorities.
- Follow up with customers regarding outstanding invoices and payment status.
- Resolve billing disputes, deductions, credits, short payments, and account discrepancies.
- Review project billing, contracts, retainage, and payment requirements.
- Work closely with Project Management, Operations, and Finance to resolve billing and collection issues.
- Reconcile customer accounts and investigate discrepancies.
- Monitor DSO, collection performance, and outstanding receivables.
- Prepare AR aging reports, collection forecasts, and financial updates for leadership.
- Identify recurring billing issues and recommend process improvements.
Qualifications
- 7-10+ years of Finance, Accounting, Accounts Receivable, and Collections experience.
- 7-10+ years of construction industry experience required.
- Strong commercial/B2B collections experience.
- Experience with project-based billing and construction payment cycles.
- Understanding of retainage, contracts, change orders, deductions, and disputed invoices.
- Experience managing a significant AR portfolio.
- Strong Excel and financial analysis skills.
- Experience with ERP/accounting systems.
- Strong communication, negotiation, organizational, and problem-solving skills.
Preferred
- Electrical contracting, commercial construction, general contracting, mechanical contracting, or utility construction experience.
- Experience managing or mentoring an AR/Collections team.
- Experience with multi-project or multi-entity organizations.
- Experience improving DSO and collection performance.
