AR & Collections Manager: Process Optimization Leader

GATX; Chicago (IL); On-site; USD 93,000 - 121,000; Full time

Job summary

GATX Corporation in Chicago, IL, is seeking an Accounts Receivable Manager to oversee the collection function and related transactions. The role focuses on evaluating and improving collection processes, resolving past-due issues, and delivering portfolio analytics in partnership with internal and external partners.

You will lead a team of collection specialists, manage cash postings, prepare reconciliations, and develop KPIs to track aging, DSO, and performance, while coordinating with Sales,

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 7+ years of experience in Accounts Receivables/Collections and at least 3 years managerial experience.
• Knowledge and understanding of rail billing process is highly helpful.
• Strong Microsoft Office experience - Advanced Excel (working with large data sets, Vlookup, pivot tables).

Responsibilities

• Oversee Accounts Receivable and Collection activities and partner with internal business teams.
• Lead a team of collection specialists and manage escalations.
• Prepare AR/cash transaction schedules and reconciliations; provide reporting for internal/external partners.
• Develop KPIs (aging, DSO) and track performance.
• Coordinate with Sales, Billing, Legal, Auditors, and external agencies to resolve issues.

Skills

Staff management

Process improvement

Analytical skills

Cross-functional collaboration

Education

Bachelor's degree in Accounting/Finance

Tools

SAP

Excel (Advanced)

Word

PowerPoint

Outlook

Job description

GATX Corporation in Chicago, IL, is seeking an Accounts Receivable Manager to oversee the collection function and related transactions. The role focuses on evaluating and improving collection processes, resolving past-due issues, and delivering portfolio analytics in partnership with internal and external partners.

You will lead a team of collection specialists, manage cash postings, prepare reconciliations, and develop KPIs to track aging, DSO, and performance, while coordinating with Sales,