Position: Accounts Receivable Manager
Location: Columbus, OH
Segment: Finance
Position Summary:
We are seeking an experienced and motivated Accounts Receivable (AR) Manager to lead our cash posting and accounts receivable operations. This position manages a team of four and is responsible for ensuring that customer payments are accurately and timely posted to customer accounts.
The ideal candidate is a hands-on accounting professional and effective people leader who understands cash application, account reconciliation, transaction accuracy, and the importance of timely and reliable financial data.
What You'll Do:
- Lead, coach, and develop a team of four AR cash posting professionals.
- Oversee the daily processing and posting of customer payments.
- Ensure cash receipts are accurately and timely applied to customer accounts.
- Monitor daily cash posting activity and ensure transactions are completed within established deadlines.
- Research and resolve unapplied cash, payment discrepancies, unidentified payments, and posting issues.
- Coordinate with the appropriate internal teams to obtain information needed to accurately apply customer payments.
- Review and reconcile customer accounts to ensure accurate payment application.
- Perform and oversee account reconciliations and research discrepancies.
- Establish and maintain efficient cash posting procedures and internal controls.
- Monitor team workloads, productivity, accuracy, and service levels.
- Provide training, coaching, and ongoing development for team members.
- Identify opportunities to improve cash application processes, eliminate manual work, and increase efficiency.
- Partner with Accounting, Finance, Sales, and other departments to resolve issues affecting cash application.
- Prepare and maintain reports related to cash posting, unapplied cash, and account reconciliation.
- Support month-end close activities and ensure AR cash activity is accurately reflected in the general ledger.
- Ensure compliance with company policies, procedures, and internal controls.
- Assist with system implementations, process changes, and other AR-related projects as needed.
What You'll Need:
- Bachelor's degree or 5+ years of experience in managing accounts receivable, cash application, cash posting, or related accounting functions.
- Strong understanding of cash application and accounts receivable processes.
- Strong reconciliation and problem-solving skills.
- Excellent attention to detail and commitment to accuracy.
- Strong organizational and time-management skills.
- Ability to effectively manage multiple priorities and deadlines.
- Proficiency with Microsoft Excel and accounting/ERP systems.
- Strong communication and interpersonal skills.
- Demonstrated ability to lead, motivate, and develop a team.
What Success Looks Like
Success in this role means leading a high-performing cash posting team, ensuring customer payments are posted accurately, efficiently, and on time, minimizing unapplied cash and posting discrepancies, and continuously improving the processes that support OTC Industrial's accounting operations.
The AR Manager will work closely with other members of the Finance and Accounting team while maintaining a clear focus on cash posting and application.
If you are an experienced AR professional who enjoys leading people, solving problems, and creating efficient, accurate processes, we'd love to hear from you.