Accounts Receivable Manager – Cash Posting Lead

OTC Industrial

Columbus (OH)

Hybrid

USD 75,000 - 105,000

Full time

5 days ago
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Job summary

OTC Industrial in Columbus, OH is looking for an experienced Accounts Receivable Manager to lead cash posting and AR operations. You will manage a four-person team and ensure payments are accurately posted to customer accounts.

The ideal candidate is hands-on, with strong leadership, cash application, reconciliation, and timely financial data. Collaboration with Finance and other departments is essential to optimize AR processes and controls.

Qualifications

  • Bachelor's degree or 5+ years in accounts receivable, cash application, cash posting, or related accounting functions.
  • Strong understanding of cash application and accounts receivable processes.
  • Excellent reconciliation and problem-solving skills.
  • Attention to detail and accuracy.
  • Strong organizational and time-management skills.
  • Proficiency with Excel and accounting/ERP systems.
  • Strong communication and interpersonal skills.
  • Demonstrated ability to lead, motivate, and develop a team.

Responsibilities

  • Lead, coach, and develop a team of four AR cash posting professionals.
  • Oversee the daily processing and posting of customer payments.
  • Ensure cash receipts are accurately and timely applied to customer accounts.
  • Monitor daily cash posting activity and ensure transactions are completed within established deadlines.
  • Research and resolve unapplied cash, payment discrepancies, unidentified payments, and posting issues.
  • Coordinate with internal teams to obtain information needed to accurately apply customer payments.
  • Review and reconcile customer accounts to ensure accurate payment application.
  • Perform and oversee account reconciliations and research discrepancies.
  • Establish and maintain efficient cash posting procedures and internal controls.
  • Monitor team workloads, productivity, accuracy, and service levels.
  • Provide training, coaching, and ongoing development for team members.
  • Identify opportunities to improve cash application processes, eliminate manual work, and increase efficiency.
  • Partner with Accounting, Finance, Sales, and other departments to resolve issues affecting cash application.
  • Prepare and maintain reports related to cash posting, unapplied cash, and account reconciliation.
  • Support month-end close activities and ensure AR cash activity is accurately reflected in the general ledger.
  • Ensure compliance with company policies, procedures, and internal controls.
  • Assist with system implementations, process changes, and other AR-related projects as needed.

Skills

Cash application
Accounts receivable
Team leadership
Process improvement
Excel proficiency

Education

Bachelor's degree

Tools

ERP systems

Job description

OTC Industrial in Columbus, OH is looking for an experienced Accounts Receivable Manager to lead cash posting and AR operations. You will manage a four-person team and ensure payments are accurately posted to customer accounts.

The ideal candidate is hands-on, with strong leadership, cash application, reconciliation, and timely financial data. Collaboration with Finance and other departments is essential to optimize AR processes and controls.

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