Department
About the Department
Job Summary
The Accounts Receivable Manager establishes and makes all credit decisions and monitors all sales and credit issues for more than 225,000 established businesses and individual accounts. In addition, contacts past due accounts with past due balances regarding prompt remittance. The Accounts Receivable Manager is a part of the CDC Management Team and reports jointly to the Press CFO and CDC Executive Director and General Manager.
Responsibilities
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.
Minimum Qualifications
Education:
Minimum requirements include a college or university degree in related field or an equivalent combination of education and experience.---
Work Experience:
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Certifications:
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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)
When applying, the document(s) MUST be uploaded via the My Experience page, in the section titled Application Documents of the application.
Job Family
Role Impact
FLSA Status
Pay Frequency
Scheduled Weekly Hours
Benefits Eligible
Drug Test Required
Health Screen Required
Motor Vehicle Record Inquiry Required
Posting Statement
The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, national or ethnic origin, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.
Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.
We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages a diversity of perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange.
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