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AR Manager

Company: Vaco
Location: Raleigh
Posted on: July 9, 2024

Job Description:

AR Manager - HYBRID Schedule in the Durham, NC area

The Accounts Receivable Manager is responsible for managing the overall Accounts Receivable of the organization.


Focused on recording, posting, disbursement and reconciliations of ARWork with Treasury to support cash forecasting and collection needsWork with both internal and external customers. Including customer service, sales, marketing, and vendorsMain contact for cash forecasting, billing and debt collectionManagement of new account(s), credit status, credit limit, account reconciliation, cash application and reconciliation, deductions management, disputes and escalationsOverseeing a team, which includes performance appraisals and mentoring of junior staff membersPromote cross training and help team members to develop their skillsWork with sales and contracts team to review agreements, addendums and negotiation of termsAudit, monitor and report any deviations from credit standards regarding internal and external audit quarterly and annual. Monitor risk assessment controlsInitiate collection efforts on aged items and minimizing bad debtReview and or process all incoming debit/credit memos claimsAnalyze aged activity and proactively identify possible collection issues. Monitor customer account details for non-payments, delayed payments, un-applied(s), and other irregularities, particularly with credits/debit classified memos and paymentsPerform monthly AR accruals and reconciliation of un-applied ledger and GL account reconciliationsPrepare management reports and KPI'sAd hoc reporting and projects as neededSupport the month-end close, prepare the chargebacks notifications and ending inventory reports, and account reconciliationsImprove processes and procedures and provide documented SOP'sWork cross functionally with other departments throughout the organization
5+ years of Accounts Receivable experienceBachelor's Degree in Accounting or a related fieldKnowledge of multiple ERP systems (Intacct, NetSuite, QuickBooks, SAP)Highly proficient in Microsoft Office Suite, specifically Excel and WordUnderstanding of GAAP accounting standardsDetail oriented, flexible, collaborativeKnowledge of billing and creditsStrong analytical, critical thinking, and communication skillsProven ability to work efficiently with minimal supervisionGood work ethic and displays a can do type of attitude
We have direct relationships with hiring managers, so you can expect that we proactively market your skill-set to prospective clients that we mutually agree make sense-promoting your strengthsto our client relationships. 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 .Vaco also wants all applicants to know their rights that . 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 NoticeVaco 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 .
  • Virginia residents may access our state specific policies .
  • Residents of all other states may access our policies .
  • Canadian residents may access our policies in English and in French .
  • Residents of countries governed by GDPR may access our policies .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.

Keywords: Vaco, Raleigh , AR Manager, Executive , Raleigh, North Carolina

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