Manager – Accounts Receivable (AR)

Synechron is seeking an experienced Manager for the Accounts Receivable (AR) department to lead the team responsible for managing the company’s receivables process. In this role, you will oversee the accurate and timely collection of receivables, develop strategic initiatives to improve cash flow, and collaborate cross-functionally to support overall financial health. Your leadership, analytical skills, and industry knowledge will contribute to optimizing financial operations and aligning AR activities with broader business objectives.

Must Have

• Lead the Accounts Receivable team to ensure accurate processing of receivables and adherence to collection schedules
• Develop and implement AR strategies, policies, and procedures aligned with organizational goals and financial best practices
• Oversee the management of overdue accounts, dispute resolution, and escalation procedures
• Collaborate with finance, sales, and customer support teams to resolve receivables issues and improve cash inflow efficiency
• Manage cash allocation, reconciliations, and reporting related to receivables
• Evaluate key metrics and leverage analytics to identify areas for process improvement and risk mitigation
• Mentor and develop AR staff, fostering a culture of accuracy, responsibility, and continuous improvement
• Lead automation initiatives to streamline AR processes and reduce manual effort
• Stay informed of industry trends, regulatory changes, and best practices in receivables management
• 8+ years of experience managing accounts receivable or related financial functions in a corporate environment
• Proven track record of leading AR teams and achieving performance targets
• Experience implementing process improvements and automation within AR processes
• Strong knowledge of accounting principles and financial analysis in a large corporate or multinational setting
• Bachelor’s degree in Finance, Accounting, or related field
• Proven experience in corporate receivables management, accounting operations, or related finance functions
• Strong understanding of financial systems, accounting standards, and AR processes
• Demonstrated leadership ability and experience managing teams in a dynamic environment
• Strong analytical and problem-solving capabilities
• Effective leadership and team management skills
• Excellent communication and stakeholder management skills
• Ability to work under pressure and manage multiple priorities
• Customer-focused mindset with a focus on process excellence and continuous improvement
• Drive for innovation and leveraging technology to optimize AR operations
• Adaptability to changing organizational needs and industry environments

Good to Have

• Knowledge of newer AR-related cloud solutions or AP/AR automation platforms
• Experience with reporting and analytics tools such as Power BI or Tableau for financial insights
• Knowledge of integration points with billing and collections platforms
• Advanced Excel skills
• Familiarity with AR automation software, robotic process automation (RPA) tools
• Industry-specific experience (e.g., finance, banking, consulting)
• MBA or professional accounting certifications (CPA, CFA)

Job Summary

Synechron is seeking an experienced Manager for the Accounts Receivable (AR) department to lead the team responsible for managing the company’s receivables process. In this role, you will oversee the accurate and timely collection of receivables, develop strategic initiatives to improve cash flow, and collaborate cross-functionally to support overall financial health. Your leadership, analytical skills, and industry knowledge will contribute to optimizing financial operations and aligning AR activities with broader business objectives.

Software Requirements

Required Skills:

• Proficiency in financial systems such as SAP, Oracle, QuickBooks, or equivalent enterprise financial software
• Strong working knowledge of Microsoft Excel (advanced features: pivot tables, macros, formulas)
• Experience with financial reporting, budgeting, and forecasting tools (e.g., SAP BPC, Oracle Hyperion, or similar)
• Familiarity with AR automation and workflow tools (if applicable)

Preferred Skills:

• Knowledge of newer AR-related cloud solutions or AP/AR automation platforms
• Experience with reporting and analytics tools such as Power BI or Tableau for financial insights

Overall Responsibilities

• Lead the Accounts Receivable team to ensure accurate processing of receivables and adherence to collection schedules
• Develop and implement AR strategies, policies, and procedures aligned with organizational goals and financial best practices
• Oversee the management of overdue accounts, dispute resolution, and escalation procedures
• Collaborate with finance, sales, and customer support teams to resolve receivables issues and improve cash inflow efficiency
• Manage cash allocation, reconciliations, and reporting related to receivables
• Evaluate key metrics and leverage analytics to identify areas for process improvement and risk mitigation
• Mentor and develop AR staff, fostering a culture of accuracy, responsibility, and continuous improvement
• Lead automation initiatives to streamline AR processes and reduce manual effort
• Stay informed of industry trends, regulatory changes, and best practices in receivables management

Technical Skills (By Category)

Financial Systems & Data Management:

• Required: Experience with SAP, Oracle, QuickBooks, or similar financial ERP systems
• Preferred: Knowledge of integration points with billing and collections platforms

Data Analysis & Reporting:

• Preferred: Advanced Excel skills; competency in Power BI, Tableau, or similar analytics tools for financial reporting

Process Automation & Tools:

• Preferred: Familiarity with AR automation software, robotic process automation (RPA) tools

Accounting & Reconciliation:

• Required: Understanding of accounts receivable accounting, foreign currency transactions (if applicable), and reconciliation procedures

Experience Requirements

• 8+ years of experience managing accounts receivable or related financial functions in a corporate environment
• Proven track record of leading AR teams and achieving performance targets
• Experience implementing process improvements and automation within AR processes
• Strong knowledge of accounting principles and financial analysis in a large corporate or multinational setting
• Industry-specific experience (e.g., finance, banking, consulting) is a plus but not mandatory
• Alternative pathways: Candidates with significant AR management expertise in related financial roles or industries will be considered if they demonstrate leadership and operational excellence

Day-to-Day Activities

• Oversee daily AR operations, ensuring collection targets are met and overdue accounts are minimized
• Analyze aging reports and cash flow impact to develop action plans
• Lead team meetings, set KPIs, and review staff performance
• Collaborate with billing, finance, and sales teams to address and resolve receivables issues
• Drive initiatives for process automation and improvements in billing and collection workflows
• Prepare and present AR performance reports to senior management
• Support audit and compliance processes related to receivables and financial reporting
• Implement and monitor controls to reduce bad debts and improve cash flow management
• Stay updated on best practices, industry trends, and regulatory changes affecting receivables management

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field; MBA or professional accounting certifications (CPA, CFA) are a plus
• Proven experience in corporate receivables management, accounting operations, or related finance functions
• Strong understanding of financial systems, accounting standards, and AR processes
• Demonstrated leadership ability and experience managing teams in a dynamic environment

Professional Competencies

• Strong analytical and problem-solving capabilities
• Effective leadership and team management skills
• Excellent communication and stakeholder management skills
• Ability to work under pressure and manage multiple priorities
• Customer-focused mindset with a focus on process excellence and continuous improvement
• Drive for innovation and leveraging technology to optimize AR operations
• Adaptability to changing organizational needs and industry environments

S​YNECHRON’S DIVERSITY & INCLUSION STATEMENT

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.

About Us

At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more.

Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.

For more information on the company, please visit our website

or LinkedIn

community.

Sustainability and Health Safety Commitment

At Synechron, we are committed to integrating sustainability into our business strategy, ensuring responsible growth while minimizing environmental impact. Employees play a key role in driving our sustainability initiatives, from reducing our carbon footprint to fostering ethical and sustainable business practices across global operations. All positions are required to adhere to our Sustainability and Health Safety standards, demonstrating a commitment to environmental stewardship, workplace safety, and sustainable practices.