Allstar Innovations · 1 hour ago
Accounts Receivable Director
Allstar Innovations is dedicated to making life better for its partners and consumers. The Accounts Receivable Director is a key finance leader responsible for optimizing the Order-to-Cash process and driving operational excellence while ensuring timely collections and effective credit management.
Responsibilities
Lead and own the end-to-end Order-to-Cash process, ensuring accuracy, efficiency, and timely cash collection
Establish financial controls and accountability across invoicing, cash application, deductions, and credit memos
Set and execute departmental and individual goals aligned with company objectives and Allstar’s Operating System
Own customer allowances and lead the deduction management process to ensure timely resolution
Partner with Sales and Commercial teams to resolve issues efficiently while protecting Allstar’s financial interests
Ensure visibility to customer balances and drive timely collection of receivables
Lead the Credit Committee process, enabling timely decision-making and proactive risk mitigation
Enable A/R forecasting to support enterprise cash flow planning
Assess and recommend ERP and system enhancements to improve accuracy, scalability, and efficiency
Establish and enforce best-in-class OTC policies, procedures, and accounting principles
Drive continuous improvement initiatives through end-to-end process reviews
Deliver weekly KPI and KPM reporting to provide insight and support data-driven decision-making
Lead month-end, quarter-end, and year-end OTC close activities
Develop systems for collecting, analyzing, validating, and reporting receivables data
Lead, develop, and mentor a high-performing Accounts Receivable team
Hire, coach, and retain talent while fostering a culture of ownership and accountability
Build strong cross-functional relationships and act as a trusted business partner
Qualification
Required
Bachelor's degree in Accounting or Finance (required)
15+ years of progressive Accounts Receivable experience (Manager, Senior Manager, or Director level)
Consumer Packaged Goods (CPG) experience required
Deep expertise in deduction management within a CPG environment
Minimum of 7 years managing and developing direct reports
Strong ability to translate complex financial data into clear, actionable insights for senior leadership
Advanced proficiency in MS Office, accounting systems, and financial databases
Proven knowledge of A/R principles, practices, and regulatory requirements
High attention to detail with strong analytical and organizational skills
Collaborative, relationship-driven leader with a continuous improvement mindset
Demonstrated integrity, discipline, and accountability with a results-oriented approach
Preferred
Direct-to-Consumer experience a plus
Working with a Factor a Plus
Company
Allstar Innovations
Allstar Innovations provide innovative solutions to market.
Funding
Current Stage
Growth StageTotal Funding
$50MKey Investors
Second Avenue Capital PartnersGordon Brothers
2023-09-14Debt Financing· $44M
2023-07-27Debt Financing· $6M
Recent News
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