New

Accounts Receivable Manager

Vaco
$40.00 - $43.00 / hr
United States, California, Los Angeles
Dec 03, 2024
Vaco Los Angeles is working with a client who is seeking an Accounts Receivable Manager to temporarily assist theirteam. The Accounts Receivable Manager will oversee the accounts receivable team and ensure the timely collection of outstanding invoices, accurate maintenance of customer accounts, and adherence to company credit policies. This role involves managing day-to-day operations of the accounts receivable function, monitoring cash flow, preparing financial reports, and providing excellent customer service. The ideal candidate will possess strong leadership skills, financial acumen, and the ability to drive improvements in processes and controls. The role will be on-site in City of Industry, CA and can pay up to $40/hr. Key Responsibilities: Lead, supervise, and mentor the accounts receivable team, providing training, performance feedback, and support to ensure high productivity and compliance with company policies. Manage the collection of outstanding accounts and work closely with sales, customer service, and finance departments to resolve issues. Review and approve credit applications and set appropriate credit limits for customers based on risk assessment. Monitor aging accounts and develop strategies for the timely collection of overdue invoices, ensuring a high level of cash flow. Prepare and analyze weekly and monthly reports related to accounts receivable, aging, bad debt, and cash flow projections. Collaborate with senior management to develop and improve processes that increase the efficiency of the accounts receivable function and reduce the days sales outstanding (DSO). Maintain accurate customer records and ensure compliance with all relevant accounting regulations. Work with the collections team to resolve disputes, negotiate payment arrangements, and take appropriate action for delinquent accounts. Assist in the preparation of financial statements, ensuring that all accounts receivable transactions are accurately recorded. Identify and recommend process improvements to enhance the billing and collection workflow. Manage and resolve escalated customer inquiries related to billing or account issues in a professional and timely manner. Ensure compliance with all legal and company policies related to credit and collections. Preferred Qualifications: Bachelor's degree in Accounting, Finance, or a related field. 5+ years of experience in accounts receivable or credit management, with at least 2 years in a supervisory or managerial role. Strong understanding of accounts receivable principles, credit management, and collections processes. Proven experience in managing and motivating a team. High proficiency with accounting software (ERP systems, such as SAP, Oracle, or Microsoft Dynamics) and Microsoft Excel. Excellent analytical and problem-solving skills. Strong organizational skills and the ability to manage multiple priorities effectively. Exceptional communication skills, both written and verbal. Ability to interact professionally with customers, management, and team members. Knowledge of relevant accounting regulations and best practices. Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.