Accounts Receivable Credit Manager

We are partnered with a global retail and distribution company with their United States HQ located in Carlsbad in their search for an AR Credit Manager to join their team. The AR Credit Manager will manage the work of the AR department including overseeing 4 team members. This candidate must have the ability to thrive in a fast-paced environment, collaborate across the departments, and have great communication skills. A bachelor’s degree and strong Excel skills are required, and experience with NetSuite is a plus.

Accounts Receivable / Credit Manager

Direct Hire

Location: Hybrid Carlsbad

Target Salary: $100k- $115k

Responsibilities:

Manage the Company’s overall collection of Accounts Receivable (AR), across all three entities.

Manage and direct the work of the AR team, including 2 Senior Collectors, 1 AR Billing Specialist and 1 Cash Application Specialist.

Ensure month end close process is complete and all cash has been reconciled and applied.

Monthly review with Sr Accountant and prepare analysis to record appropriate levels of A/R Reserves, Sales Reserves, Sales adjustments, and other accruals related to key accounts as needed.

Key account A/R management and processing including EDI invoicing, customer portal access and reconciliation, cash flow forecast and reserves/accruals.

Manage the workflow with 3rd party collectors, accounting, customer service, operations/3PL’s, independent sales reps, and sales managers to resolve sales order, invoice, payment, returns and credit issues.

Direct, coach, and cross-train the Accounts Receivable department covering the key functional areas of invoicing, cash collections, cash application and cash reconciliations.

Establish department and employee goals.

Verify all shipments are properly invoiced and revenue recorded, and proof of delivery obtained when required as part of the daily billing process as well as month-end close.

Perform credit risk assessment, oversee the credit application, and credit approval process for new customer acquisitions; establish customer credit limits and payment terms.

Negotiate and implement changes in payment terms/credit limits/prepay/holds and payment plans or other arrangements.

Complete employee performance evaluations.

Manage monthly, quarterly and year end processes related to A/R

Implement tools/process/system improvements related to A/R. Work directly with France IT team on system enhancements on a weekly basis.

Assist in the year-end financial audit.

Establish baseline and improvement measures for AR Key Performance Indicators

Manage Trade Credit Insurance relationships, maintain appropriate level of insurance, provide data to insurer, and submit claims.

Compile and present cash flow forecasts on a bi-weekly basis

Requirements:

Bachelor’s degree in accounting, Finance, Economics, Business Administration, or related field

8+ years’ experience in credit and collections

Credit and collections supervisory experience

NetSuite experience

Experience working with all types of cash transactions including ACH, wires & credit card transactions across multiple bank accounts.

Experience with revenue recognition principles

Advanced Excel skills