Manager, Finance Operations
$103,300–$147,730 year
On-siteRaleigh, North Carolina, United States
Job Summary
Oversee and manage the accounts receivable function, including invoices, collections, cash applications, and forecasting. Develop strategic policies to enhance efficiency while managing high-value accounts and establishing credit risk policies. Prepare executive-level financial reports on cash collections, aging, and bad debt reserves, and post journal entries in NetSuite for adjustments. Remediate legacy misapplied AR data to improve subledger accuracy and assess bad debt reserve methodologies across multiple countries. Identify and mitigate risks in collection processes while negotiating complex payment arrangements. Lead one direct report, an India-based collector, providing training and performance management across time zones.
Required Qualifications
- Bachelor's degree in Business, Accounting, Finance, or related field
- 5-8 years' of directly relevant work experience
- 1-2 years of leadership/functional management experience
- Strong Excel skills including forecast models
- Ability to produce accurate cash flow forecasts through fiscal year-end, based on both outstanding receivables and forecasted revenue
- Strong written and verbal communication skills
- Demonstrated management experience, including direct supervision of offshore or remote staff
- Hands-on NetSuite experience, including creating journal entries for customer write-offs and credits and remediating legacy or misapplied AR data
- Working knowledge of bad debt reserve methodology — specific and general — under US GAAP
- Experience preparing executive-level reporting and analysis on cash collections, aging, and bad debt reserves
- Applicants must be currently authorized to work in the United States on a full-time basis
Desired Qualifications
- Experience with the NetSuite AR subledger and the collector workflow and notes module
- Experience in an international, multi-currency environment
- Experience with cash forecasts and collections forecasts
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