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Sr Accounts Receivable Manager

Vaco

Vaco

Accounting & Finance
Los Angeles, CA, USA
Posted on Monday, July 8, 2024

Sr Accounts Receivable Manager POST NUMBER: 416400

Los Angeles, CA, US Hybrid
July 7th, 2024
Business Services
Vaco
$ 110000.00 - 130000.00 yearly
direct hire
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Vaco is partnered with a fast-growing Entertainment company near UCLA that is seeking a Sr Accounts Receivable Manager. This is a direct hire position that offers a hybrid schedule and incredible benefits.

Responsibilities:

  • Oversee the entire Accounts Receivable cycle, including invoicing, receipt processing, collections, and monitoring AR aging.

  • Lead and manage a team of four employees responsible for AR and collections.

  • Track and forecast revenue and cash flow, managing a growing volume of customers and invoices.

  • Manage lockbox operations and maintain relationships with banking partners.

  • Collaborate with IT to ensure seamless integration of multiple systems, such as NetSuite and Salesforce.

  • Coordinate with the Revenue Operations Team to ensure accurate and timely invoicing.

  • Calculate, analyze, and report quarterly commissions earned by sales representatives.

  • Conduct analysis and reporting of revenue and cash flow.

  • Analyze contracts to determine revenue recognition; utilize NetSuite's advanced revenue module in compliance with ASC 606.

  • Collaborate with the accounting department to establish methodologies and maintain support for allowance for doubtful accounts accrual.

  • Prepare and review Accounts Receivable and revenue-related audit requests.

  • Proactively identify and implement best practices for Accounts Receivable processes.

  • Organize and manage tasks and projects effectively, maintaining clear deadlines and progress tracking.

  • Continuously develop knowledge and skills, including proficiency in Excel, attending business information meetings, and mastering relevant business systems like NetSuite, Salesforce, and Celigo connector.

  • Provide leadership, guidance, and motivation to a growing AR team.

  • Adapt to a fast-paced, evolving environment with flexibility and a collaborative spirit.

  • Communicate progress, challenges, and deadlines clearly and promptly; seek clarity when needed.

  • Demonstrate accountability and follow-through in completing tasks and resolving obstacles.

  • Provide professional customer service, addressing inquiries and concerns regarding invoices and outstanding balances.

Education and Experience:

  • Bachelor's degree required, with preference for accounting experience.

  • Experience in managing and scaling large volume invoicing functions.

  • Experience with Order to Cash processes.

  • Experience managing process and transformation teams to scale department operations.

  • Familiarity with NetSuite

  • Proficiency in Microsoft Office, particularly Excel (vLookups, Pivot tables, etc.).

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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