Accounts Receivable Supervisor

Overview

Supervises AR team, manages collections, cash application, and reporting.

Key Responsibilities

• cash application
• ar reporting
• collections management
• credit review
• bank uploads
• erp posting

Tasks

-Ensure prompt follow-up on past-due accounts and maintain proactive communication with key customers to expedite collections. -Coordinate with the third-party collections vendor to monitor performance and escalate issues as needed. -Support external and internal audits through accurate documentation and timely responses to inquiries. -Ensure compliance with internal controls, Sarbanes-Oxley requirements, and corporate accounting policies. -Review and follow up on pending chargebacks, deductions, and credit balances in coordination with Customer Service. -Review and approve customer credit limits, ensuring compliance with company credit policies. -Partner with Customer Service to resolve customer deductions, chargebacks, and disputes in a timely and equitable manner. -Perform weekly bank uploads for AP runs -Manage remote deposit activities (check scanning) and maintain related documentation. -Monitor AR aging, drive collection strategies to meet DSO targets, and manage customer credit risk. -Supervise the daily activities of the Accounts Receivable and Cash Application functions, providing direction, training, and performance feedback to the AR Analyst. -Oversee the automated and manual cash application processes, ensuring timely and accurate posting of customer payments. -Reconcile month-end cash accounts and ensure journal entries (JEs) are accurately recorded for merchant and analysis fees, credit balance reclasses, and other adjustments. -Participate in new customer vetting, customer master data approvals, and credit reviews to mitigate risk exposure. -Maintain a database of customer financial contacts and ensure all interactions are professional, diplomatic, and solution-oriented. -Perform monthly account reconciliations and prepare supporting schedules for month-end closing. -Prepare and distribute weekly and monthly AR reports, highlighting aging trends, cash receipts, and collection status. -Review and post payments using the Bank of America iRec system to JD Edwards ERP -Prepare and analyze monthly AR aging reports and collection performance metrics. -Forecast cash collections weekly, identifying potential risks and variances to plan. -Calculate and record month-end journal entries, including bad debt and cash discount reserve adjustments. -Oversee customer account management, ensuring timely collection of outstanding balances and resolution of payment discrepancies. -Prepare and send monthly customer statements through JDE (Weil-McLain, Patterson-Kelley, etc.) and track responses to outstanding balances. -Provide back-up support to the AR Analyst for cash application, statement preparation, and other transactional activities during absences or peak periods. -Handle direct follow-up with strategic accounts, providing invoice-level updates and correspondence on aging items.

Requirements

• jd edwards
• excel
• associate’s degree
• 5 years
• supervisory
• analytical

What You Bring

-Strong analytical, organizational, and problem-solving skills. -Proactive, detail-oriented, and able to identify process enhancements. -Experience with JD Edwards (JDE) ERP preferred. -Associate’s degree in Business, Accounting, or Finance -Minimum of 5 years of progressive experience in Accounts Receivable and collections. -Ability to work independently with minimal supervision and manage multiple priorities under deadlines. -Proficiency in Microsoft Excel and other Microsoft Office applications. -Excellent written and verbal communication abilities. -Demonstrated judgment, diplomacy, and fairness in managing customer relationships. -Capable of coaching, mentoring, and developing team members. -Comfortable handling high-volume customer interaction, including phone and email communication. -Prior supervisory or team lead experience required.

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Benefits

-Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave -Educational assistance, leadership development programs, and recognition programs -Hybrid schedule -Shared services environment requiring collaboration across multiple business units. -Competitive health insurance plans and 401(k) match, with benefits starting day one -Competitive and performance-based compensation packages and bonus plans

About Spx Technologies

-Founded with a focus on providing cutting-edge engineering solutions, the company has become a leader in industrial technology. -Specializing in sectors like energy, industrial, and infrastructure, they create impactful, customized solutions. -The company's portfolio includes equipment and services that support essential industries like energy generation, utilities, and water resources. -Known for their deep technical expertise, they excel in solving complex challenges that drive global industries forward. -A leader in advancing power and energy systems, including renewable and traditional energy sources. -With decades of experience, they have earned a reputation for quality and reliability in large-scale infrastructure projects. -Their engineers and designers consistently deliver innovative solutions that enhance the efficiency, safety, and sustainability of critical systems.

Sector Specialisms