Rolfson Oil · 15 hours ago
Accounts Receivable (AR) Manager
Addison, TX
Full-time
Onsite
Senior Level
5+ years expRolfson Oil is seeking an experienced and detail-oriented Accounts Receivable (AR) Manager to oversee the management and collection of outstanding payments from clients. The AR Manager will lead a team responsible for ensuring that all invoices are processed correctly, accounts are maintained, and timely collections are made to maintain positive cash flow.
EnergyFuelOil and GasSupply Chain Management
Responsibilities
Manage Accounts Receivable Team: Lead, train, and mentor a team of AR professionals, ensuring adherence to company policies and procedures. Provide performance feedback and development opportunities for team members
Invoicing & Billing: Oversee the accurate and timely creation and issuance of customer invoices, ensuring compliance with contractual terms and conditions
Collections & Cash Application: Develop and execute a proactive collections strategy. Follow up on overdue accounts and resolve customer disputes. Ensure that payments are correctly applied to customer accounts
Account Reconciliation: Regularly review and reconcile customer accounts to ensure accuracy and resolve discrepancies. Work with other departments to investigate and resolve billing issues
Cash Flow Management: Monitor and analyze AR aging reports, identifying any potential issues with outstanding balances. Provide recommendations to improve cash flow and reduce DSO (Days Sales Outstanding)
Reporting & Analysis: Prepare and present regular AR reports to senior management, highlighting key metrics such as aging reports, collection effectiveness, and bad debt provisions
Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of the AR function. Ensure compliance with internal controls and accounting standards
Customer Relationship Management: Maintain positive relationships with key customers and internal stakeholders. Act as a point of escalation for customer issues related to billing and payments
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related field
Minimum of 5 years of experience in Accounts Receivable or Finance
At least 2 years of experience in managing a team and improving AR processes
Strong understanding of accounting principles, billing, and collections procedures
Proven experience (at least 2 years of experience) in invoicing, revenue recognition, and customer relationships
Strong understanding of billing processes, and revenue recognition principles
High proficiency in accounting software (e.g, SAP, QuickBooks) and Microsoft Excel
Excellent leadership and team management skills
Strong analytical and problem-solving abilities
Excellent communication and interpersonal skills
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Preferred
Experience with AR automation tools and ERP systems is a plus
Benefits
Medical, Dental, and Vision health insurance elections
401K with a 4% company match
Basic Life Insurance, Long Term Disability Insurance, and AD&D Insurance offered at no cost
Voluntary STD, Life, Accident coverage, Hospital Indemnity, and Identity Theft
Supplemental Life Insurance, Short Term Disability Insurance, and Accident Insurance available
Safety Equipment provided
Weekly Pay
Pay Card option
Online pay stub access
24-7 office support
Company
Rolfson Oil
Rolfson Oil delivers bulk fuel and fueling services for primarily oil and gas to customers throughout the bakken region.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Adam Fenster
Chief Financial Officer
Patrick Malley
Co-Owner / COO
Company data provided by crunchbase