8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238
Position Overview
As a Manager, AR Operations – Funding at CarMax, you will lead and manage the accounts receivable operations focused on funding activities, ensuring accuracy, compliance, and efficiency throughout the order-to-cash cycle. This role is critical in driving operational excellence, managing team performance, and implementing process improvements that support CarMax’s growth. You will foster a culture of integrity, accountability, and continuous improvement while empowering your team to deliver exceptional results.
Team Overview
The Accounting Operations team operates in a collaborative environment built on integrity and accountability. We partner across the business to deliver accurate financial results, streamline processes, and continuously improve operations to support CarMax’s success.
Role Responsibilities
- Oversee order-to-cash activities, ensuring accounting accuracy, compliance, and timely processing of funding transactions.
- Manage team performance, including onboarding, training, setting expectations, and conducting performance reviews.
- Provide ongoing education to ensure adherence to operational and accounting policies and procedures.
- Collaborate with business partners to identify and implement process improvements for efficiency and effectiveness.
- Lead month-end close activities, including journal entries, reconciliations, and balance sheet analysis.
- Analyze department metrics, such as productivity and KPIs, and recommend solutions to improve performance.
- Serve as a subject matter expert on projects, challenging the status quo and driving innovative solutions.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, or equivalent required.
- 5+ years of business experience, with strong knowledge of GAAP principles.
- 2+ years of leadership experience, managing direct or indirect reports.
- Ability to motivate and inspire teams, prioritize competing responsibilities, and make sound decisions.
- Strong communication and customer service skills, with the ability to engage and resolve issues effectively.
- Proficiency in Microsoft Office, including Outlook, Excel, Word, and PowerPoint.
- Internal candidates: Successful completion of Entry MAP or MDP required.
Preferred Qualifications
- Accredited Accounts Payable or Accounts Receivable Manager Certification preferred.
- Project management experience preferred.
- Experience and knowledge in Cloud-based ERP solutions, Workday, robotics, OCR technologies, and various automations desirable
The annual salary for this position is:
$75,500.00 - $120,800.00
May be eligible for bonus and equity.
Benefits:
Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time.
Associates that are considered full-time hourly or commission/incentive eligible:
- To earn up to 48 hours of sick time per year accrued on a per pay period basis and between 80 hours and 200 hours per year of vacation time after a 90 day waiting period depending on years of continuous service with the Company.
- For 8 hours of pay for each of a total of 6 paid scheduled holidays per year plus 1 floating holiday. If such an Associate does work on a scheduled holiday due to business need, they are eligible for Holiday Premium Pay.
Associates considered full-time salaried are entitled to paid time away with no specified limit as needed for sick, vacation, bereavement, jury duty, holidays, floating holiday, etc. subject to manager approval.
For more details about benefits, please visit our CarMax Benefits website.
