- Location: Boston, MA
- Type: Direct
- Job #26093
Order to Cash Manager – Danvers MA – Manufacturing
Our team is working with a leading semiconductor manufacturer looking to hire an Order to Cash Manager to support the company's revenue team. The ideal candidate will oversee a team of three while supporting the accounts receivable process & streamlining their SOP’s.
Responsibilities:
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Own the end-to-end accounts receivable process, including collaborating with Customer success team to ensure proper contract, invoicing in accordance with contractual agreements and billing schedule, and collections, credit memo, and refunds ensuring accuracy and timeliness
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Oversee A/R reporting: prepare, analyze and interpret monthly accounts receivable reports, reconcile to other source of records and disseminate results to management
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Successfully manage and lead A/R team a small team in day-to-day activities and ad hoc projects
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Work closely with the accounting team to ensure correct treatment of activity on A/R, Deferred Revenue and Revenue
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Interface with Customer Service, Sales and other departments to obtain up to date information concerning contracts, change orders and billing related issues that impact collections
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Serve as an escalation point for collection issues, and responsible for progressing collection issues to resolution
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Monitor accounts receivable aging and follow up on overdue accounts to ensure timely payment
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Develop and write policies and procedures as necessary
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Prepare regular reports and analysis on accounts receivable performance and aging trends for management review
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Assist in the implementation of process improvements and automation initiatives to enhance efficiency and effectiveness in accounts receivable management
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Stay abreast of industry best practices and regulatory requirements related to accounts receivable management
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Provide support for month-end and year-end close processes as needed
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Identify errors, resolve discrepancies, and provide support and dispute resolution to customers in a timely manner
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Assist manager with ad hoc reports and special projects as needed
Qualifications:
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Bachelors Degree in Accounting or Finance
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8+ years of experience within a revenue environment
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Strong understanding of US GAAP
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Revenue Recognition
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