Remote Accounts Receivable Manager

Summary

Join our global team of curious, adaptable technologists and problem solvers who are passionate about creating a positive impact on the world! The Accounts Receivable Manager will play a crucial role in managing the company’s revenue stream by ensuring the efficient collection of payments and maintaining healthy cash flow.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
• 5+ years of experience in accounts receivable and/or accounting, with at least 2 years in a leadership role
• Experience in the insurance industry
• Strong understanding of accounting principles, financial reporting, and collections processes
• Excellent analytical skills with the ability to interpret financial data and make informed decisions
• Proficient in accounting software and Microsoft Office Suite, particularly Excel
• Strong communication, negotiation, and interpersonal skills
• Ability to work independently in a fast-paced, start-up environment
• Detail-oriented with strong organizational and time management skills

Responsibilities

• Oversee and manage the entire accounts receivable process, ensuring timely and accurate invoicing, payment application, and collection of outstanding balances
• Monitor accounts to identify and resolve discrepancies, delinquent accounts, and uncollectible balances. Develop and implement strategies to reduce Days Sales Outstanding (DSO) and improve cash flow
• Build and maintain strong relationships with agency partners to ensure smooth communication and prompt payment of invoices
• Address client inquiries and disputes in a professional and timely manner, working to resolve issues while maintaining positive relationships
• Review monthly reconciliations of accounts receivable sub-ledger to the general ledger, ensuring accuracy and completeness
• Prepare and post journal entries related to accounts receivable, including adjustments for bad debt, credit memos, and revenue recognition
• Assist in the preparation of month-end financial statements by providing accurate and timely accounts receivable data
• Lead and mentor a small team of accounts receivable specialists, providing guidance, training, and support to ensure team success
• Establish clear goals and performance metrics for the team, conducting regular performance evaluations
• Prepare and present regular reports on accounts receivable performance, including ageing reports, cash flow forecasts, and collection metrics
• Analyze data to identify trends, risks, and opportunities for improvement in the accounts receivable process
• Manage Carrier Reporting Process, including reconciling premiums with Data Feed/bordereau reports

Benefits

• Unlimited PTO!
• Medical, dental, and vision coverage
• Life and disability insurance
• Learning and development program and stipend
• Stipends for wellness and entertainment
• Fully remote work supplemented with fun in-person events
• Awesome Fairmatic gifts and swag!