AR/Credit Manager

ResponsibilitiesManage a staff consisting of 2 collectors, a cash applicator, and a part-time credit coordinator.Maintain proactive partnerships with the Sales, Customer Service, and Distribution organizations to enhance customer relationships, credit capacity, resolve disputes, minimize exposure, and improve collections.Determine the creditworthiness of new and existing accounts and approve credit limits in conjunction with company policy.Oversee the collection effort and decide appropriate collection techniques, including telephone outreach, use of salespersons, personal meetings, final demands, and engagement of outside collection professionals.Establish procedures and direct the handling and processing of cash applications, customer deductions, and short-pay processes to ensure timely resolution.Assure interdepartmental processes relating to the company's accounts receivable assets are properly managed and controlled.Communicate and keep the supervisor informed on all matters.Oversee the reconciliation of customer balances and personally handle the network relationship and monthly account reconciliation.Develop, interpret, and maintain effective controls, assess policies and systems to ensure compliance, control expenses, and provide state-of-the-art processing and reporting.Create effective management information reports to assess the quality of receivables and credit.Identify, negotiate, and oversee credit card processing services for the best rates and quickest payments.Hire, direct, train, instruct, and motivate proficient staff.Review staff performance, administer discipline, and recommend terminations when appropriate.Recommend accounts for timely collection action.Forecast receivable levels, cash collections, and DSO.Coordinate with the Controller's department to establish reserve levels, write-offs, and reconciliations.Maintain knowledge of efficient cash collection methods and coordinate with the Controller and cash applicator to research and recommend such methods.Participate in regional and industry credit organizations.Handle any other duties and responsibilities as assigned.QualificationsBachelor's degree in Accounting, Finance, or a related field is preferred.Proven experience in accounts receivable, debits/credits, account reconciliation, and financial services.Familiarity with distribution processes and terminology is highly desirable.Strong analytical skills with attention to detail and accuracy.Excellent communication skills, both verbal and written.Ability to work collaboratively in a team environment while managing multiple priorities effectively.Proficiency in accounting software and Microsoft Office Suite.Benefits401(k)401(k) matchingDental insuranceHealth insuranceLife insurancePaid time offVision insuranceWhy choose Addison Finance & Accounting? • Pay: We negotiate high salaries using U.S. Bureau of Labor Statistics • Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses • Permanent Employment: Many of Addison's Finance & Accounting job openings lead to potential permanent employment • Connections: You connect directly with hiring managers from renowned organizations • Options: You are presented multiple employment options near your home • Professional Development: You are provided hiring process advice, resume revision, and employment term negotiationAddison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

Created: 2025-01-31