Management of accounts receivable activities which include, collecting and posting of cash receipts, reconciling outstanding balances, and preparation and review of periodic reports (i.e., DSO, return deductions, chargebacks, ageing etc.).
Management of the credit and collection activities, including sending follow-up inquiries, negotiating with past due accounts on payment terms, and decisions on referring accounts to collection agencies, and/or writing off accounts receivable balances.
Supervision and training of all department personnel (currently a professional staff of three full-time employees).
Overall responsibility for any decisions regarding the transfer of delinquent accounts to authorized collection services and negotiating settlements with disputed accounts.
Responsible for bad debt write off decisions in conjunction with the staff and Press CFO.
Prime liaison between the Chicago Distribution Center and the business offices of the distributed presses.
Daily application and deposit of receipts, decisions on customer refunds and credits, and working closely with CDC's Returns Department to effectively and properly adjust and reconcile accounts.
Manages accounts receivable portfolio maintaining current balances, minimizing ageing receivables.
Supervises the day-to-day payments and receipts of bills, as well as the maintenance of accounts payable and receivable ledgers.
Supervises accounts payable processes and reviews work related to verifying invoices, computing discounts, coding expenses, preparing vouchers, and issuing checks for payment.
Performs other related work as needed.
Preferred Qualifications
Education:
Bachelor's degree.
Experience:
Minimum of 7 years relevant work experience.
Preferred Competencies
Highly developed organizational skills.
Ability to work well under time constraints.
Attention to detail.
Communicate account information clearly and concisely.
Excellent written and oral communication skills.
Analytical and problem-solving skills.
Work independently and to make well-reasoned decisions.
Application Documents
Resume (required)
Cover Letter (required)
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