Manager, Accounts Receivable - Fleet Services

Company

Cox Automotive - USA

Job Family Group

Finance

Job Profile

Manager, Accounts Payable / Receivable

Management Level

Manager - People Leader

Flexible Work Option

Hybrid - Ability to work remotely part of the week

Travel %

Yes, 5% of the time

Work Shift

Day

Compensation

Compensation includes a base salary of $79,400.00 - $119,000.00. The base salary may vary within the anticipated base pay range based on factors such as the ultimate location of the position and the selected candidate’s knowledge, skills, and abilities. Position may be eligible for additional compensation that may include an incentive program.

Job Description

Cox Automotive is hiring a Manager of Acccounts Receivable. The Manager of Accounts Receivable is responsible for leading collections activity and cash application within Fleet Services.  In this role, the individual will be responsible for leading a geographically dispersed team tasked with managing a quickly revolving AR portfolio averaging more than $80M.  They will oversee and be the top escalation point for a team with one Supervisor and approximately 16 team members.  This position will work to establish and implement process improvement plans to create the optimal Fleet Services AR process.

The ideal candidate will have strong analytical and communication skills with a track record of success in accounts receivable best practices and process improvement.

Job Responsibilities:

• Provide client account and process expertise to resolve escalated client issues and collection scenarios

• Monitor and assign workloads based on portfolio volumes; as well as develop and maintain effective metrics and reporting to highlight team contribution and efficiency

• Partner with Legal team on escalated collection/legal scenarios

• Manage credit onboarding of new clients along with credit overrides and review for permanent increases

• Responsible for department process development and SOP documentation

• Provide input and partner with leadership on issues of policy/process gaps and changes

• Training and development responsibility for team members

• Provide updates to stakeholders in monthly collections meeting on high visibility collection issues and general AR performance

• Ensure all inbound payments (credit card, ACH, and wires) are applied correctly and within established SLA’s

Qualifications:

• Bachelor’s degree in Business, Finance and/or Accounting with 6+ years of experience in accounts receivable. A candidate may also have a Master's Degree with 4+ years of experience; a Ph.D. with 1+ years of experience; or 10+ years of experience in related field.

• Expertise in Credit/Collection including best practices, technologies, and tools

• Proven track record in successfully leading a large department with tight deadlines and improving efficiencies based on targeted metrics

• Ability to manage multiple priorities and specific time constraint

• Mobility or automotive industry experience strongly preferred

• Experience managing staff/projects from remote locations

Drug Testing

To be employed in this role, you’ll need to clear a pre-employment drug test. Cox Automotive does not currently administer a pre-employment drug test for marijuana for this position. However, we are a drug-free workplace, so the possession, use or being under the influence of drugs illegal under federal or state law during work hours, on company property and/or in company vehicles is prohibited.

Benefits

The Company offers eligible employees the flexibility to take as much vacation with pay as they deem consistent with their duties, the company’s needs, and its obligations; seven paid holidays throughout the calendar year; and up to 160 hours of paid wellness annually for their own wellness or that of family members. Employees are also eligible for additional paid time off in the form of bereavement leave, time off to vote, jury duty leave, volunteer time off, military leave, and parental leave.

About Us

Through groundbreaking technology and a commitment to stellar experiences for drivers and dealers alike, Cox Automotive employees are transforming the way the world buys, owns, sells – or simply uses – cars. Cox Automotive employees get to work on iconic consumer brands like Autotrader and Kelley Blue Book and industry-leading dealer-facing companies like vAuto and Manheim, all while enjoying the people-centered atmosphere that is central to our life at Cox. Benefits of working at Cox may include health car