Global Accounts Receivable Manager

Job Description

/ Responsibilities

Bio

The Global Accounts Receivable Manager is responsible for managing a team of 10+ with 2+ direct reports. This includes strategy setting for the function, budgeting, planning, cash flow management, system development, KPI development, analysis and reporting, special projects as needed and execution of the day-to-day operations of the Global Accounts Receivable department. This includes, but is not limited to, lead all aspects of collection payment methods and processes, assisting with the collection of past due accounts, review / release of suspended orders for credit reasons, review / compilation of financial reports for the accounting department and working with external auditors on all aspects of audit related items for Accounts Receivable. This position is hybrid with 3 days per week in office. The role can be located in Carrollton, TX or Louisville, KY.

Responsibilities

• Prepare regular reports and analysis on accounts receivable metrics, including aging, DSO (Days Sales Outstanding), and cash flow projections. Identify trends and areas for improvement, providing actionable insights to senior management and lead implementation of process improvement initiatives. Partner with the Global Credit Manager to develop and maintain credit policies and procedures, assessing credit worthiness of customers and establishing appropriate credit limits and terms.
• Provide mentorship, training and opportunity for the individuals in the department to grow within Sazerac based on their career development plan. Knows the career goals and plans for the team and works to develop and retain key successors in the organization.
• Support the establishment of appropriate credit limits and terms by the Global Credit Manager. Monitor existing customer credit profiles and make recommendations for credit limit adjustments as needed. Create and implement strategies to reduce bad debt exposure while maintaining positive customer relationships.
• Maintain and strengthen internal controls related to accounts receivable processes to ensure accuracy and compliance with company policies and regulatory requirements. Conduct periodic audits and reviews to assess the effectiveness of controls and identify opportunities for improvement. Collaborate with external audit teams to address any control deficiencies and implement remediation plans.
• Review the AR Aging daily to insure there are no customers aging beyond terms and when they do, action must take place to get them back to terms.
• Conduct follow-up on electronic funds transfers (EFT) to ensure timely and accurate posting of payments. Partner with the finance team to reconcile EFT transactions and resolve any discrepancies.
• Partner with Human Resources Business Partner & Talent Acquisition to ensure thorough candidate evaluations are occurring in the hiring process leading to high-quality candidates and good hiring decisions. Ensures use of Sazerac hiring and staffing system and processes.
• Conduct PDS reviews with direct reports to improve skills and performance utilizing PDS as tool to conduct optimal performance discussions, articulate consistent skill evaluations, recommend actions and tactics, and measure progress. Support the widespread use of PDS within the finance organization. Promote and support Company culture within the finance organization.
• Develop and implement policies and procedures for the efficient management of accounts receivable processes. Monitor accounts receivable aging and take proactive measures to minimize outstanding balances. Conduct regular reviews of AR aging reports, identifying delinquent accounts and coordinating collection efforts. Ensure compliance with internal controls and accounting standards to maintain the integrity of financial data. Develop, track and report appropriate KPI’s that reflect continuous improvement and expected outcomes for the business.

Qualifications / Requirements

Must

Preferred

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