Job Title

Our client in the manufacturing industry and located near Northbrook, IL, is looking for an Accounts Receivable / Collections Manager to join their team (Hybrid: 2-3 days in office).Prior experience managing an AR / Collections team and experience cleaning up high volume of backlog / working with big box accounts required.General Duties / Responsibilities:Manage the end-to-end accounts receivable process, including credit management, cash application and collections.Supervise, train, and mentor staff, ensuring high performance and professional development.Develop and execute collection strategies to reduce delinquency and improve Days Sales Outstanding (DSO).Review escalated customer issues, provide solutions and facilitate collections.Partner with Sales and Customer Service to resolve payment issues without jeopardizing customer relationships.Oversee accurate cash applications and reconcile unapplied cash.Perform financial and credit analysis regarding new customer applications, past due accounts, and high-risk customers. Determine the amount of credit to be extended.Review AR aging to ascertain status of collections and balances outstanding to evaluate effectiveness of current collection policies and procedures.Audit delinquent accounts considered to be uncollectible to ensure maximum efforts have been made before assigning bad-debt status.Support the month-end close process by preparing AR related reports and analysis, including reconciliation of general ledger accounts and preparation and booking of AR reserve adjustments (i.e. bad debt, short pay, discounts).Qualifications:Bachelor's degree in Finance, Accounting or related field.A minimum of 7 years of experience in credit and collections, with at least 3 years in a managerial role.Excellent analytical and problem-solving skills.Strong communication skills and the ability to present data and information clearly to leadership.Experience in leading a team including setting performance standards, providing ongoing feedback and training to achieve success.If you, or someone you know, is interested please apply today!