Accounts Receivable Manager Senior
2 days ago
Are you looking for a challenging role where you can make a significant impact in the global education space? Turnitin, LLC is seeking an experienced Accounts Receivable Manager to join our finance team.
About the RoleIn this role, you will be responsible for leading and directing the activities of the accounts receivable team. You will work closely with cross-functional teams to ensure timely client billings and regular customer collections. The ideal candidate will have a strong background in billing and collections, with excellent leadership and communication skills.
Key Responsibilities:
- Lead and direct the activities of the accounts receivable team.
- Oversee all aspects of Accounts Receivable function, including billings, application of cash to open receivables, reconciliation of billed A/R, customer collections, and optimizing cash flow.
- Manage contractual deadlines, review invoices, and revenue recognition.
- Communicate effectively with staff and various departments involved in Billing and A/R functions.
- Lead the collections team, ensuring regular reporting of aged receivables.
- Reconcile Accounts Receivable related accounts, such as: accounts receivable, unbilled receivables, and bad debt. Identify and resolve potential general ledger versus project activity balance variances.
- Review and update the bad debt provision quarterly and adjust the audit memo annually.
- Review the monthly Accounts Receivable flux analysis for both P&L and BS, providing the final copy to the Controller.
- Drive process improvement initiatives, finding solutions to complex billing, revenue, and accounts receivable issues.
- Assist with audit requests and special projects as assigned.
- Develop and maintain team performance, directly and indirectly through Team Leaders, including recruiting, coaching, performance management, and developing the team as needed.
- Perform ad-hoc management-related requests and analysis.
We offer a competitive salary range of $80,000 - $105,000 per year, depending on experience, plus benefits and a comprehensive package that prioritizes your overall well-being.
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