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Accounts Receivable Collections Manager

Year Up

Year Up

Accounting & Finance
Remote
Posted on Saturday, June 29, 2024

OVERVIEW:

The Accounts Receivable Manager will report directly to the Associate Director of Billing and will play a key role in the overall work of the Billing team by constantly monitoring corporate partner accounts for aged receivables and actively pursuing cash collections and working to solve collection issues.

To be successful in this role, you will be comfortable working independently and thrive in a fast-paced environment and enjoy evaluating and improving processes. You are someone skilled at working with systems and will proactively take on new challenges to support business needs. As a business partner to other functional teams, you will also have strong communication skills with an ability to build relationships and anticipate needs.

In keeping with Year Up’s values, the Accounts Receivable Manager will also have the opportunity to interact with students as a mentor, group facilitator, and advocate, participating in building a positive educational environment.

KEY RESPONSIBILITIES:

Accounts Receivable

  • Analyze discrepancies between billing and collections, exercising independent judgement to identify and resolve root causes
  • Implement and oversee collection activities, including follow-up inquiries to corporate partners
  • Manage the timely collection of trade receivables and monitoring the DSO
  • Oversee the cash application process, making sure all receipts are properly applied
  • Maintain and update accurate billing records in Salesforce.com, as needed.
  • Partner with Corporate Engagement teams and Revenue Operations to ensure accurate records are created at the start of each new internship cycle
  • Quickly identify account reaching the critical stage and take appropriate collection action
  • Analyze and recommend improvements to invoicing and collection procedures, with a focus on enhancing efficiency and accuracy
  • Create standard monthly reports on Accounts Receivable and Collections for inclusion in the monthly management package to bring insight into collections, account ages, and other relevant metrics
  • Update and reconcile Accounts Receivable and unbilled dashboard on a weekly basis
  • Collaborate with Corporate Engagement and Revenue Operations to improve processes for Order-to-Cash and ensure efficient collection of outstanding receivables
  • Take ownership of additional projects and initiates as assigned.

National Team Member

  • Lead and manage special projects as assigned, ensuring successful completion and alignment with Year Up goals.
  • Join and sometimes facilitate weekly group sessions with students.
  • Contribute to professional development by participating in staff meetings and trainings

QUALIFICATIONS:

  • At least 4 years of experience in the workforce preferred
  • Minimum of 2-3 years of related experience
  • Ability to work independently, manage multiple priorities, and meet deadlines.
  • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint). Advanced proficiency in Excel required
  • Experience with Salesforce.com and Netsuite or other general ledger software is strongly preferred
  • Experience preparing financial reports
  • Strong organizational and time management skills, with exceptional attention to detail
  • Sound judgment, a high degree of professionalism, and the ability to handle sensitive information in a confidential manner
  • A passion for working with young adults, an unshakable belief in their potential and a strong commitment to the mission of Year Up
  • Understanding of the Opportunity Divide and its drivers
  • Commitment to diversity and inclusion

Salary Range: $52,700 - $75,000

#LI-Hybrid

COMPENSATION & BENEFITS:

  • Year Up has established salary ranges for each of our sites, which allows us to pay employees competitively, equitably and consistently in different geographic markets. For roles in which the location is listed as flexible, the range displayed reflects the minimum and maximum target for new hire salaries for the position across all US locations. Salary offers take into account a candidate’s skills, experience, and location. Your recruiter can share more about the specific salary range for your location during the hiring process.

  • Benefits: Comprehensive healthcare options and dental coverage; 401(k) match for eligible participants.

  • Vacation: Earn three weeks paid vacation in first year of employment; four weeks after initial year.

  • Professional Development: Funds available to support staff in achieving career objectives ($2,500 per year)

** This is an exempt role (paid on a salaried basis). **

ORGANIZATION DESCRIPTION:

Year Up is a national 501(c)3 workforce development organization committed to ensuring equitable access to economic opportunity, education, and justice for all young adults—no matter their background, income, or zip code. Employers face a growing need for talent while millions of talented young adults lack access to meaningful careers. These inequities only further perpetuate the opportunity gap that exists in our country—a gap that Year Up is determined and positioned to close through three interconnected strategies: providing targeted skills training and connections to livable-wage employment for students and alumni; empowering others to serve and support young adults, and changing systems that perpetuate the opportunity gap. Year Up’s intensive training program utilizes a high expectations, high support model where students learn in-demand technical and professional skills and apply them during a corporate internship. Year Up has directly served more than 40,000 young adults since its founding in 2000. Year Up's nationwide presence includes Arizona, Austin, Bay Area, Charlotte, Chicago, Dallas/Fort Worth, Greater Atlanta, Greater Boston, Greater Philadelphia, Jacksonville, Los Angeles, the National Capital Region, New York City/Jersey City, Pittsburgh, Puget Sound, Rhode Island, South Florida, Tampa Bay, and Wilmington.

Voted one of the Best Nonprofits to Work For in the country by The NonProfit Times, Year Up is a rewarding and impactful place to work. Our staff is passionate, supportive, mission-driven, and committed to positive change and continuous learning. We set high standards for both ourselves and our students and live by a set of core values that reflect an unshakable belief in the talent and potential of our young people. The work we do is life-changing, and we know that our team is the greatest asset in achieving our mission.

COMMITMENT TO DIVERSITY:

Year Up embraces diversity and equal opportunity in a serious way. All aspects of employment, including the decision to hire, promote, discharge, or discipline, are based on meritocracy. We do not permit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristics protected by federal, state, or local laws. Learn more about our commitment to diversity: http://www.yearup.org/about-us/careers/commitment-to-diversity/

Year Up is also committed to working with and providing reasonable accommodations to individuals with disabilities. Your recruiter can provide details regarding the expected work environment and any physical requirements. Please let our hiring team know if you need an accommodation at any point during the interview process. Information received relating to accommodation will be addressed confidentially.

TO APPLY:

Please submit a thoughtful cover letter and resume through our website.

Note that applications without a cover letter will not be considered. We respectfully request no phone calls.