Accounts Receivable/Credit and Collections Manager

AVAD is the most complete home integration solutions provider in the United States. Its in-depth technology offering of the most trusted brands and progressive continuing education programs provide all the support necessary to sell, design and implement complete home electronic systems solutions. AVAD stocks products for home theater, lighting controls, distributed audio/video, central vacuum, and more. AVAD also provides just-in-time delivery from each of its 37 United States and 2 Canadian locations.  Visit us at: http://us.avad.com/

 

 

Job Title:  Accounts Receivable/Credit and Collections Manager

Department: Finance

Reports to:   Controller

Position Location:Van Nuys, CA

 

A/R: Directs the day-to-day cash application functions within the A/R department. Manages billing and cash allocation to proper accounts, analyzes accounting processes and makes improvement recommendations, and manages workflow.

Credit and Collections: Responsible for managing credit and collection operations and procedures, and assisting in the formulation of credit and collection policies and practices - protecting and conserving assets, promoting profitability and customer stability, and allowing for prompt collection of the accounts receivables.

 

PRINCIPAL DUTIES AND RESPONSIBILITIES:

 

Accounts Receivable:

·Directs all cash management (A/R) activities and department workflow, assuring timely processing.

·Verifies the analysis and reconciliation of assigned balance sheet accounts on a monthly basis.

·Performs A/R reserve analysis as needed.

·Responsible for insuring that payments received in A/R are applied or booked on a timely basis. Oversees the imports of the Lockbox payment data into the publishing A/R system daily and reconciles reports provided by the bank with A/R system reports.

·Verifies that reconciliations for all A/R accounts are completed in an accurate and timely manner

·Produces reports regarding information within the A/R area as requested. 

 

 

Credit and Collections:

 

·Supervises credit and collection matters; establishes and maintains the credit department operating standards, credit and collection policies, goals/objectives, and procedures.

·Oversees credit checks process on all new and various existing customers; guiding department in regard to questions on granting a line of credit as financial status warrants.

·Handles all credit and collection matters of an extraordinary nature and approves all special credit limits and payment extensions.

·Maintains relationships will all departments of the company; keeps GM’s and executive management advised of the condition of the accounts receivables and other pertinent information.

·Oversees all major credit arrangements - includes the following:

• Establishing, eliminating, revoking and refusing credit privileges.

• Establishing credit dollar limits.

• Approving payment schedules and extensions.

• Referring delinquent accounts to third party for collection.

·Represents the company in all credit and collection legal matters; includes managing outside collection agency’s activities on AVAD’s behalf, authorizing the referral of accounts to collection agencies and approving related expenditures, including collection agency charges, legal fees, court filing and suit fees.

·Confers with other departments regarding credit related matters;  prepares reports related to credit and collections, analyzes and reports significant facts, trends and developments and makes appropriate suggestions for improvement.

·Oversees any unclaimed property projects and reports, and works with the Controller regarding escheatment issues.

 

JOB REQUIREMENTS/SUCCESS ATTRIBUTES 

 Bachelors of degree in Accounting or Finance required; MBA or CPA a plus Minimum of 5-7 years of professional experience in accounts receivable/credit and collections required; mix of experience with both public and private accounting environment preferred Experience in a wholesale-distribution environment a plus. Must have technical knowledge of laws and regulations covering credit and collection activities. Experience with the accounting side of physical inventories and cycle counts. Strong account reconciliation and collections experience record Strong analytical/problem solving skills are required Familiarity with foreign currency conversion Must be able to handle multiple priorities in a fast paced, deadline oriented environment Must be equally comfortable with the day-to-day details as well as planning and process review Must possess strong written and verbal communication skills, as well as the ability to interface with all levels of management Strong MS Office a must (advanced Excel); prior experience with MAS 90, 200 or 500 strongly desired Ability to travel (minimal)

 

 

Position Location: Van Nuys, CA 

 

AVAD LLC is the nation’s preeminent distributor of quality home electronics for custom electronic system installers throughout the United States.  AVAD LLC is a wholly owned subsidiary of Ingram Micro Inc. (NYSE – IM) (#78 – 2006 Fortune 500)

 

AVAD LLC has a comprehensive benefits package that includes Medical, Dental, and Vision insurance that is effective immediately.  Individual coverage for associate is free.  AVAD also provides basic life and AD&D insurance, as well as short-term and long-term disability insurance.

 

To apply - Send Cover Letter, Resume, and Salary History to: ARCCManager@yahoo.com

 

Please note AR CC Manager in the Subject line of your email

 

Submissions without Salary History will not be reviewed

 

As an Equal Opportunity Employer, we are dedicated to fostering the strength that diversity brings to our workforce. EOE M/F/D/V