Manager Accounts Receivable

Sonepar Management Group (SMG) supports our Sonepar brands (i.e. operating companies) in the US through a shared services model. These services include, but are not limited to: human resources, finance, digital enterprise, supply chain, vendor relations, marketing, legal, and communications. The SMG teams enable our brands to do business in their local regions while taking advantage of the scale and collective resources of a global enterprise.

SMG fosters an inclusive and supportive culture. We offer leadership and development programs to help you reach your career goals. Our associates share in our collective achievements, and we firmly believe that Sonepar is “Powered by Difference.” By driving technology and innovation, enabling paths to success, and caring about our people and their families, we have built a workplace where you can build a fulfilling career.

 

 The Accounts Receivable Manager reports directly to the Director of Accounts Receivable.  This position will have multiple AR supervisors reporting to them and is accountable for the leadership of the department functions which may include but not limited to the application of customer payments, balancing of Eclipse GLs, statement/month-end closing responsibilities, supporting ERP conversions and accountable for Unclaimed Property filing of all 50 states.  Overall team size could be 25+ associates.

 

This role will be focused on monitoring service levels and optimizing department processes while building strong working relationships with other Shared Service departments as well as various OPCO leadership functions.  Accounts Receivable Manager should be analytical, decisive and possess excellent leadership and communication skills.  In addition, this position will be expected to lead projects and initiatives and work with third party consultants.

 

What you will do:

 

• Liaison to AR Supervisors

• Drive departmental performance through building and monitoring dashboards and metrics data to ensure timely and accurate handling of daily incoming AR payments from bank to Eclipse while ensuring service levels are upheld and communicating to OpCo Leaders on service level status is performed effectively.

• Identify and resolve training gaps as assignments change to ensure accurate processing of customer payments.

• Resolve complex cash application issues and facilitate the improvement of application accuracy.

• Analyze and level set processing workload within each regional team.

• Monitor and ensure timely and accurate resolution of requests through productivity tools

• Understand full cycle Unclaimed Property process, including the respective filing timeframes, dormancy periods for States

• Partner with third party consulting firm to meet filing deadlines

• Communicate, coordinate and monitor with all OPCO credit leaders on aspects requiring business efforts.

• Partner with Accounts Payable for timely payments to states

• Build, analyze, and report on monthly departmental metrics using tools such as Excel and or Power/BI.

• Through continual improvement and standardization efforts, provide direction and put forth recommendations regarding policies and procedures:

• Present and collaborate with Sr. leadership (Shared Service Sr. Leadership, Controller, Regional Finance Leaders etc. etc.) proposal on new processes

• Develop and execute training plans for new and/or changes to existing policies and procedures.

• Interact with multiple levels of management within Shared Services, OPCOs and auditors, both internal and external.

• Proactively communicate process improvement initiatives.

• Monitor unclaimed property data review, OPCO due diligence and State reporting processes.

• Provide support to internal and bank securitization audit requests

 

What you will bring:

 

• Bachelor's degree in business or equivalent job experience. 

• 5+ years Management / Supervisor experience of a team of 25+ FTE

• Deep knowledge of all aspects of Shared Service Cash Application and Accounts Receivable

• Advanced Excel skills with capability of analyzing large amounts of unstructured data

• Clear understanding