Senior Accounts Receivable Specialist

Job Summary:

The Senior Accounts Receivable Specialist will play a crucial role in safeguarding our organization's financial interests by effectively owning the Accounts Receivable here at MACOM, while managing credit risk, overseeing the collections process, and ensuring the timely recovery of outstanding debts. This individual will be responsible for administering and enforcing the Company's credit policies and procedures, ensuring compliance with SOX controls and internal requirements, supporting collections activities, and collaborating cross-functionally to optimize cash flow and minimize bad debt exposure.

Main Duties and Responsibilities:

Manage customer credit and accounts receivable activities, including credit risk assessment, collections oversight, account reconciliations, dispute resolution, compliance with established credit policies and SOX controls, and monitoring of receivables performance.

Credit Risk Management
• Ensure credit risk is effectively managed through the evaluation of customer creditworthiness, analysis of D&B reports, review of payment history and trade references, and assessment of financial statements to support appropriate credit limit decisions.
• Assist in reporting accounts receivable and credit risk metrics to senior leadership.
• Apply financial policies and procedures consistently to ensure compliance with company guidelines.

Collections & Accounts Receivable Management
• Monitor customer accounts to identify overdue payments and outstanding balances.
• Resolve billing discrepancies or disputes by investigating payment discrepancies, and incorrect billing.
• Provide timely and professional responses to customer inquiries regarding invoices, payment terms, and account status.
• Work with the collections team to ensure cash is applied appropriately to customer accounts, as received. Assist in investigating any differences.
• Monitor world-wide accounts receivable aging, bad debt and other A/R related areas on a monthly and quarterly basis.
• Collaborate with cross-functional teams, including Sales and Customer service, to ensure accurate and efficient resolution of customer issues, and to achieve faster collections results.
• Maintain and update the customer database in alignment with Sales and Customer Service.

Financial Reporting & Analysis
• Preparation of monthly and quarterly and ad hoc analysis of financial results to management.
• Support the month and quarter end close processes by posting journal entries, performing balance sheet reconciliations, bad debt reserve calculations, flux analysis, etc.
• Support global SOX compliance activities, including performing internal controls.
• Preparation for financial statement tax, and other regulatory audits.
• Continuously identify and assist in implementing process improvement and or automation, to enhance collections efficiency and effectiveness.

Required Qualifications:
• Bachelor's degree in Accounting, Finance, or a related filed, or equivalent experience.
• Experience: 5-8 years

Key Competencies & Skills required:
• Background in the Collection, Accounts Receivable, or similar area
• Knowledge of payment terms, IncoTerms, banking, and risk assessment
• Strong analytical and critical thinking skills with attention to detail
• Credit management
• Customer relationship management
• Proficiency in Excel, ERP systems, and Office, SAP is a plus.
• Basic knowledge of commercial law

RSU Eligible:

This position is eligible to receive restricted stock unit (RSU) awards and cash bonuses, solely at MACOM's discretion, subject to individual and company performance.

Salary Range:

The Salary Range for this position is $80,000 - $100,000. Actual salary offered to the candidate will depend on several factors, including but not limited to, work location, relevant candidates' experience, education, and specific knowledge, skills, and abilities.

Benefits: This position offers a comprehensive benefits package including but not limited to:
• Health, dental, and vision insurance.
• Employer-sponsored 401(k) plan.
• Paid time off.
• Professional development opportunities.