Accounts Receivable Manager

Accounts Receivable & Collections Manager

Base pay range: $80,000 – $100,000 per year.

Location:

Chicago, IL.

* Must come from distribution or manufacturing industry*

Pay Rate
: $80K-$100k based on experience.

What You’ll Do:

• Lead and mentor the Accounts Receivable (AR) team to achieve excellence in invoicing, reconciliation, and collections.
• Enhance processes around credit approvals, collections, risk management, and customer communications to drive efficiency and reduce DSO.
• Review and approve credit applications, set credit terms, and collaborate with Sales and Finance to align risk with business growth.
• Personally handle due diligence for major accounts to ensure informed credit decisions.
• Maintain up-to-date customer credit files, including payment history, scores, and trade credit thresholds.
• Proactively resolve invoice disputes, balancing firm collection practices with positive customer relationships.
• Deliver insightful KPI reports and dashboards to leadership, highlighting opportunities for improvement and risk mitigation.
• Identify and implement automation, process improvements, and risk reduction initiatives.
• Partner with executive leadership to forecast cash flow and optimize collections strategies.
• Ensure adequate staffing, resources, and training are in place to support a high‑performing AR and Billing team.

What You Bring:

• 10+ years of progressive experience in credit and collections management.
• Bachelor’s degree in Business or related field (preferred).
• Strong knowledge of credit‑related laws, regulations, and best practices.
• Proven ability to negotiate effectively and resolve customer disputes.
• Track record of leading teams, developing talent, and driving measurable results.
• Proficiency with Excel, ERP/CRM systems (Net Suite preferred), and financial reporting tools.
• Excellent communication skills with the ability to partner across departments and influence outcomes.
• Analytical mindset with exceptional attention to detail and problem‑solving skills.

Seniority level: Mid‑Senior level.

Employment type: Full-time.