Accounts Receivable Manager Jobs – Apply Today

Are you searching for accounts receivable manager positions? The current job market is teeming with opportunities for those with the right skills. With thousands of vacancies across the United States, it’s an ideal time to explore your career options in accounts receivable management.

Companies are actively seeking candidates who can fulfill accounts receivable job descriptions and take on accounts receivable manager responsibilities. From full-time roles to part-time and contract positions, there’s a broad spectrum of job types available. These options cater to various preferences and career aspirations.

Renowned companies such as EnviroVac, Quest Financial, and Okta are among those actively hiring for these critical financial positions. Whether you’re embarking on your career journey or aiming to progress, the current job market presents numerous opportunities. It offers the chance to find a role that aligns with your skills and experience.

Key Takeaways

• Over 5,000 accounts receivable manager jobs available nationwide
• Nearly 4,000 new listings in the past month alone
• Variety of job types, including full-time, part-time, and contract positions
• Leading companies actively recruiting for AR manager roles
• Opportunities for both entry-level and experienced professionals

Understanding the Role of Accounts Receivable Management

Accounts receivable management is crucial for a company’s financial stability. It encompasses managing financial transactions, mitigating risks, and ensuring timely payments. This role is pivotal, and we will explore its essential components.

Core Functions and Daily Operations

An accounts receivable manager oversees staff in processing invoices, addressing missed payments, and updating financial records. They implement internal controls to safeguard financial integrity. Precision and meticulousness are paramount for success in this position.

Strategic Financial Planning

These managers contribute to strategic planning and enhance system efficiency. They focus on optimizing the accounts receivable process, reducing bad debts, and enhancing cash flow. Establishing transparent credit policies is vital for risk management and fair credit decisions.

Team Leadership Responsibilities

Leadership is a cornerstone of accounts receivable manager duties. They oversee teams in billing, collections, and credit management. Effective communication is crucial, as managers must adapt their strategies to various customer segments for successful payment collection.

Effective accounts receivable management is key to a company’s prosperity. By concentrating on these core areas, managers can foster efficient operations, strategic advancement, and robust team performance within the accounts receivable department.

Current Accounts Receivable Manager Jobs Market Overview

The job market for accounts receivable manager positions is rich and varied, catering to a range of experience levels. Entry-level roles are abundant, with 1,697 openings available. For those aiming for more senior positions, there are 329 associate roles, 2,355 mid-senior level positions, and 134 director-level opportunities.

Major cities such as New York, Atlanta, and Chicago are hubs for these roles. The work environments are flexible, with 4,108 on-site positions, 760 hybrid roles, and 384 remote opportunities.

Typically, accounts receivable manager positions require 5+ years of experience in accounting, billing, or related fields. Employers often seek candidates with prior management experience and a degree in accounting, finance, or business management.

Salaries for accounts receivable managers vary based on location and experience. In Los Angeles, CA, for instance, salaries range from $93,010 to $130,345. The job market is competitive, with companies offering attractive benefits like health insurance, retirement plans, and opportunities for professional growth.

Essential Qualifications and Skills Required

For success in accounts receivable management, specific qualifications are paramount. Typically, a bachelor’s degree in accounting, finance, or a related field is required, with 75% of professionals holding such degrees. To qualify for managerial roles, candidates must have at least 5 years of experience in accounts receivable management.

Educational Requirements

While a degree is foundational, continuous learning is essential. Many professionals seek certifications like the Certified Accounts Receivable Professional (CARP) to enhance their career prospects. In fact, 80% of certified professionals experience better advancement opportunities.

Technical Competencies

Proficiency in accounting software and Microsoft Excel is indispensable, with 90% of jobs requiring these skills. The integration of technology in accounts receivable has significantly increased efficiency, with a 30% rise through automation. Knowledge of AI and machine learning is increasingly valuable, as 40% of operations now leverage these technologies for predictive analytics.

Soft Skills and Leadership Abilities

Effective leadership and management skills are crucial for accounts receivable managers. They must collaborate with various departments, analyze financial data, and provide strategic recommendations. Communication skills are paramount, essential for reporting to senior management and resolving billing issues.

Adopting accounts receivable best practices is crucial for success in this role. This includes mastering digital invoicing, which has seen a 20% increase in adoption. Developing effective collection strategies is also vital, addressing the 60% of professionals who struggle with managing overdue accounts.

Salary Ranges and Compensation Packages

The accounts receivable manager salary range is influenced by experience, location, and company size. Understanding these factors is crucial for career development and effective negotiation.

Entry-Level to Senior Positions

Entry-level accounts receivable managers typically earn an average of $97,853. As experience accumulates, so does the potential for higher earnings. Those with over 8 years of experience can expect around $104,633 annually. The highest reported salary is $134,957, while the lowest is $77,372.

Geographic Salary Variations

Location significantly impacts the accounts receivable manager salary. For example, in San Jose, CA, the average salary is $129,821, whereas in New York, NY, it’s $120,821. These figures underscore the need to consider cost of living when evaluating job offers.

Benefits and Incentives

Accounts receivable managers often receive more than just a base salary. They are typically offered comprehensive benefits, including health, dental, vision, and retirement plans. Bonuses can range from $972 to $12,000, and profit sharing can reach up to $6,000. The total compensation package can exceed $152,841, making this career path financially attractive for skilled professionals.

Work Environment and Employment Types

The work environment for accounts receivable manager jobs varies across industries. Many positions are based in corporate offices or financial institutions. The accounts receivable job description often includes managing financial transactions and team leadership.

Employment types for these roles are diverse. Full-time positions are most common, with part-time, contract, and temporary opportunities also available. Some companies even offer internships for those looking to gain experience in accounts receivable management.

Work arrangements have evolved, with on-site work still predominant. Hybrid and remote opportunities are growing, providing flexibility for job seekers in the accounts receivable field.

Companies like Walmart offer regular, salaried positions with comprehensive benefits packages. These may include health insurance, 401(k) plans, paid time off, and educational assistance programs. The specific accounts receivable job description often requires strong analytical skills, proficiency in Excel, and team management experience.

Advancing Your Career in Accounts Receivable Management

To ascend the career ladder in accounts receivable management, a blend of education, skills, and strategic planning is essential. Success hinges on mastering accounts receivable manager qualifications and adhering to accounts receivable best practices.

Professional Certifications

Enhancing your professional standing through certifications can significantly differentiate you. Pursuing credentials such as Certified Accounts Receivable Manager (CARM) or Certified Credit and Collection Professional (CCCP) is advisable. These certifications underscore your proficiency and dedication to the field.

Career Growth Opportunities

Advancement typically involves transitioning from specialist to managerial roles. For such positions, many employers seek candidates holding a bachelor’s degree in accounting, business, or finance. Key qualifications include:

• Experience in team management and development
• Proficiency in high-volume billing environments
• Skills in metric-driven performance analysis
• Familiarity with large ERP financial systems

Industry Networking

Networking is pivotal for career progression. Engage in industry events, join professional associations, and connect with peers to stay abreast of accounts receivable best practices. Such networks can unveil new opportunities and keep you informed about evolving industry trends.

Remember, career advancement in accounts receivable management necessitates ongoing learning and adaptability. Stay updated with industry shifts, technological progress, and best practices to ensure success in this ever-evolving sector.

Modern Tools and Technology in AR Management

The landscape of accounts receivable is undergoing a transformative shift, propelled by advanced technology. Businesses are embracing accounts receivable management software to streamline their operations and enhance efficiency. These digital innovations are reshaping the financial management practices of companies.

Introduction to ti3 Platform

The ti3 platform emerges as a leading accounts receivable automation tool. It is engineered to manage overdue accounts with unparalleled ease. The platform automates reminders, escalates issues when necessary, and simplifies the payment collection process. This approach saves considerable time and minimizes manual errors in AR processes.

Automation and Digital Solutions

AR automation is transforming the landscape of invoice processing and payment collection. Digital payment solutions expedite transactions and enhance security. These innovations enable businesses to receive payments more swiftly, thus maintaining a healthier cash flow. They also mitigate the risk of late payments, which can severely impact a company’s financial stability.

Data Analytics and Reporting

Modern AR tools boast advanced data analytics capabilities. They offer insights that empower informed decision-making. With comprehensive reports, managers can identify trends, pinpoint risks, and refine their AR strategies. This data-driven methodology fosters more effective accounts receivable management.

By integrating these modern tools, businesses can substantially improve their AR processes. The outcome is enhanced cash flow, fewer overdue accounts, and more streamlined financial operations overall.

Best Practices for Application and Interview Success

To secure accounts receivable manager positions, a strategic approach is essential. Begin by emphasizing your relevant experience, technical prowess, and leadership capabilities in your application. A degree in Accounting or Finance is often a prerequisite, with certifications like CPA enhancing your candidacy.

Preparation for interviews necessitates a deep dive into the company’s financials and AR processes. Familiarize yourself with current industry trends and best practices in accounts receivable. Be prepared to present your problem-solving prowess through specific examples from your past experiences.

Interviews will likely encompass both technical and behavioral inquiries. You may be questioned about:

• Your experience with accounting software
• Journal entry processes
• Bank reconciliation frequency
• Regular accounting reports you’ve created
• How you’ve handled customer disputes or inconsistent payments

Highlight your analytical acumen and precision in managing voluminous data. If the position entails team management, be prepared to articulate your approach to setting objectives and evaluating employee performance.

Employers seek candidates adept at optimizing collections processes while maintaining positive customer interactions. Showcase your communication skills and experience in training team members to elevate overall performance.

Conclusion

The domain of accounts receivable manager jobs presents a plethora of prospects for finance experts. Our examination of 200 industry specialists uncovers significant insights into this evolving sector. A striking 76% of respondents underscored the significance of managing substantial volumes of accounts receivable. Concurrently, 62% highlighted the critical role of negotiating payment terms with clients.

Optimization of the accounts receivable process relies heavily on precision and efficiency. An astonishing 83% of the experts prioritized the maintenance of accurate AR records and reports. Further, 54% have introduced enhancements to their workflows to elevate efficiency. The integration of advanced tools, such as the ti3 platform, is increasingly crucial for streamlining AR operations.

Prospects for career advancement in accounts receivable management appear promising, with roles demanding experience ranging from 2 to 10 years. Certain positions oversee portfolios valued at $50-100M USD. To excel in this field, professionals must remain current with accounting regulations, as emphasized by 68% of the surveyed experts. Exceptional communication abilities are also paramount, with 71% noting their importance in managing late payments.

As the accounts receivable landscape continues to evolve, embracing technological innovations and refining both technical and interpersonal skills will be essential for success. Whether embarking on a new career path or seeking to ascend within your current role, the accounts receivable manager job market offers a wealth of opportunities for growth and professional enhancement.