Sr. Accounts Receivable Manager (Hybrid/2 days)

BACKGROUND

The Financial Services Information Sharing and Analysis Center (FS-ISAC), was created by and for members and operates as a member-owned 501(c)(6), not-for-profit entity. FS-ISAC serves as a bi-directional information and intelligence organization leading the financial services sector efforts to protect against and mitigate as-needed cyber and physical threats and incidents against financial firms.

POSITION SUMMARY

The Sr. Accounts Receivable Manager oversees invoicing members, working with supplier portals for invoice processing, updating member accounts, and collecting payments from FS-ISAC’s customers.  They are responsible for managing invoices, handling missed payments, and supervising the Accounts Receivable team. The Accounts Receivable Manager ensures accuracy and efficiency throughout our entire accounts receivable process.  This position will require hands-on invoicing and processing in addition to supervisory duties.

ESSENTIAL FUNCTIONS

• Control all activities in the accounts receivable function
• Set objectives for the Accounts Receivable team that align with the Accounting department’s goals and ensure project/department milestones and goals are met while adhering to approved budgets
• Monitor processing of invoices
• Ensure timely collection of payments
• Prepare monthly, quarterly, annual, and ad-hoc accounts receivable, revenue, and deferred revenue reports
• Create financial reports relating to account receivable function and status of accounts
• Organize records of invoices, bills, and deposits
• Ensure accurate receivable records and verify outstanding account balances
• Ensure high-quality invoicing and collection procedures that comply with the law
• Manage collection activities including sending follow-up inquiries, negotiating past-due accounts, and keeping track of cash receipts.
• Manage supplier portals to ensure timely processing of invoices.
• Respond to Salesforce cases daily providing excellent membership service.
• Review contracts for terms and conditions ensuring they comply with our standards.
• Revenue recognition duties and revenue assurance reconciliations.
• Support Accounts Receivable Clerks daily and train new team members
• Audit methods and procedures of accounts receivable function to improve efficiency.
• Stay updated on industry and legislative changes
• Other duties as required
  
  

POSITION QUALIFICATIONS

• Hands-on experience with accounting software such as NetSuite or Intacct and strong system skills – including report writing & Microsoft Excel.
• Experience with Salesforce as a customer database for tracking opportunities, invoice status, and customer status.
• Familiarity with advanced formulas in MS Excel including pivot tables, vLookup, and sumIF.
• Excellent analytical skills along with the ability to create and present detailed reports.
• Ability to accurately process numerical data
• Team management and negotiation skills with an extensive knowledge of department processes and corporate products and services
• Problem-solving attitude
• Confidentiality
  
  

EDUCATION AND EXPERIENCE

• Bachelor’s degree in Accounting or Finance
• 2 – 3 years experience in an Accounts Receivable individual contributor role
• 1 – 2 years experience as an Accounts Receivable Manager or Supervisor
• Well-versed in GAAP revenue recognition
  

WORK ENVIRONMENT 

This position is located in Reston, VA. (HYBRID, 2 days per week in the office). Regardless of work location, the position requires a professional work environment and the candidate must be able to meet the physical demands of the professional environment. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

FS-ISAC has reviewed this position description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.