Accounts Receivable Manager

Job description
LHH is looking to hire a an Accounts Receivable manager for a hybrid role located in Rosemont, IL. This is a newly created role for a growing company that offers a great work-life balance and competitive benefits.

Responsilbites:
• Manage the entire process from sales order conversion through payment application to collections.
• Monitor invoicing, billing, and payment processes to ensure precision and efficiency.
• Review and reconcile customer accounts to ensure timely and accurate payments.
• Implement and enforce collection policies and procedures to minimize risk and ensure a healthy cash flow.
• Strive for continuous process improvements within the cash application department.
• Analyze account trends to identify and address areas needing improvement.
• Collaborate with sales and customer service teams to resolve issues and expedite collections.
• Work with the delivery team to address and resolve customer balances.
• Monitor and manage accounts receivable aging reports, taking action on overdue accounts as necessary.
• Assess and refine escalation processes to prevent the accumulation of bad debt.
• Introduce automation tools and technological solutions to boost productivity and accuracy.
• Continuously assess and enhance the accounts receivable workflow to drive performance improvements.
• Oversee both internal and external collection teams, including managing relationships with third-party agencies.
• Monitor and ensure compliance with company policies and regulatory requirements in collection activities.
• Track the performance of third-party collections and provide guidance to achieve desired results.

Qualifications:
• 4+ years of management experience in AR or Collections
• Experience with high volume of invoices
• Bachelors degree in accounting/finance or related field

Equal Opportunity Employer/Veterans/Disabled