Sr Accounts Receivable and Credit Manager

Sr Accounts Receivable And Credit Manager

The Minnesota Star Tribune is an innovative modern media organization building on an extraordinary 158-year legacy. With seven Pulitzer Prizes and numerous other accolades, we stand as a beacon of journalistic excellence in Minnesota. We are the heart and voice of the North.

Our mission is to build a better Minnesota by connecting us with the people, ideas, and stories that strengthen our communities. We're seeking dynamic leaders who are passionate about journalism and democracy to help shape this future. If you are excited about reinventing one of our state's most trusted institutions and leading us into a new era of growth and excellence, we want to hear from you.

We are seeking an experienced Sr. Accounts Receivable and Credit Manager at our Minneapolis MN headquarters to bring clarity, direction, and accountability to our credit, collections, and cash application functions. This role is critical to improving our cash cycle and reducing DSO while providing the leadership and structure the team needs to thrive. The Senior AR & Credit Manager will set clear expectations, streamline processes, and transform AR into a strategic driver of business performance.

This position has routine interaction with the CFO, offering visibility and the opportunity to shape decisions that directly impact the company's financial health.

Responsibilities :

• Provide hands-on leadership to the AR team, ensuring clear roles, responsibilities, and priorities.
• Redefine credit and collections strategy to improve cash flow and reduce DSO.
• Build a culture of accountability, problem-solving, and collaboration across Finance, Sales, and Operations.
• Establish and enforce credit policies that balance growth and risk.
• Drive process improvements and introduce tools / automation to increase efficiency and accuracy.
• Deliver transparent reporting on AR performance and cash cycle metrics to senior leadership and the CFO.
• Calculate and make recommendations for monthly bad debt reserve calculation.
• Act as a trusted partner to Finance leadership, contributing insights on cash forecasting and working capital.
• System administrator for financial side of Advertising ERP
• Act as escalation contact for troubled accounts and issues that require more senior leadership to address with customer and sales.
• Manage accounts to be written off due to non-payment and placement with outside agencies when appropriate.
• Create SOPs and cross training within the department so there are road maps and succession strategies.

Qualifications :

Compensation Range :

Annual compensation for this position ranges from $102,600 $131,200.

Compensation for the role will depend on several factors, including a candidate's qualifications, skills, competencies and experience and may fall outside of the range shown. The Minnesota Star Tribune offers a competitive total rewards package, which includes a 401(K) match, healthcare coverage medical, dental, and vision, life, disability, paid time off, and a broad range of other benefits.

At the Minnesota Star Tribune, we recognize that our employees are our greatest asset, and we are committed to their happiness, growth, and well-being. Here's a snapshot of the exceptional benefits we offer :

Honored in 2023 with Diversity MBA's inaugural Top 25 Outstanding Leadership and Diversity Impact Awards, we are proud of our commitment to diversity and inclusion.

Equal Opportunity Employer :

Even if you don't meet every single requirement for this role, we encourage you to apply. At the Minnesota Star Tribune, we are dedicated to building a diverse and inclusive workplace and welcome applicants from all backgrounds.