Accounts Receivable Manager

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Solve Industrial Motion Group strives to be the trusted source for engineered bearings and power transmission solutions. Supported by a diverse range of products within Solve's brand portfolio and our unmatched technical expertise, we have over 100,000 ready-to-ship components. At Solve we innovate with ambition, offering custom solutions in a wide range of applications. We obsess over our customers, leveraging our nationwide network for industry leading product availability, and best-in-class customer service. Our engaged team leads with integrity, and unites with purpose, driving toward innovation and continuous improvement every day.

POSITION DESCRIPTION: Reporting to the VP Corporate Controller, the Accounts Receivable Manager will oversee the full cycle of accounts receivable operations. The ideal candidate will manage the company's credit risk and support its working capital objectives. As a key leader in the Accounting & Finance Department, the AR Manager will lead and develop a team of AR Specialists responsible for: daily cash applications, customer evaluations and approvals, collections and customer account reconciliations. The ideal candidate will exercise their strong technical proficiency by upholding all accounts receivable policies and procedures, while effectively communicating and enforcing Solve AR standards with a high level of customer service to both internal and external stakeholders. The AR Manager will lean into their analytical and problem-solving skills, while collaborating with various other departments to identify productive solutions for the organization and the customers we serve.

RESPONSIBILITIES:

• Lead, mentor and develop a team of AR Specialist responsible for the full accounts receivable cycle, including dispatching invoices, cash applications, collections and account reconciliation
• Support the integration of newly acquired businesses, aligning AR practices and systems as needed
• Monitor customer accounts to identify and resolve billing issues, payment delays and disputes in a timely and customer-focused manner
• Partner cross-functionally to manage and maintain accurate customer master data, ensuring a seamless experience across systems and touchpoints
• Evaluate and approve customer credit limits in accordance with company policies and risk tolerance
• Collaborate with the Sales, Customer Solutions and Operations teams to ensure alignment with customer accounts and resolve escalated issues
• Drive continuous improvement initiatives to enhance AR processes, reporting and systems, with a focus on automation, scalability and reduced DSO
• Analyze AR data to identify trends, risks and opportunities to provide actionable insights to senior leadership to improve collections and improve working capital
• Foster a customer service-oriented culture within the AR team; balancing firm credit practices with strong internal and external relationships

QUALIFICATIONS:

• Bachelor's degree in Accounting, Finance, or a related field
• Minimum of 5 years of experience in accounts receivable management or a similar role, with a strong working knowledge of accounts receivable best practices, and credit management
• 3+ years of leadership or management experience
• Proficiency in using accounting software and ERP systems

PREFERRED QUALIFICATIONS:

• Accounts Receivable experience within a private equity-backed middle market industrial company or related industry
• Experience with implementing or enhancing accounts receivable systems and software

OUR EMPLOYEE VALUE PROPOSITION:

• Market competitive benefits package, including company-sponsored health coverage, life insurance, 401(k) plan with company match, paid parental leave and paid time off
• Work in a collaborative environment with passionate and innovative teammates

Solve is proud to be an Equal Opportunity Employer and prohibits discrimination or harassment of any kind. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offence or stalking, or any other class or status in accordance with applicable federal, state, and local laws.

Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionAccounting/Auditing and Management
• IndustriesElectric Power Transmission, Control, and Distribution and Industrial Machinery Manufacturing

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

Tuition assistance

Disability insurance

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