AR Manager

Cadence Education; Scottsdale (AZ); Remote; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive pay

On demand pay

Tuition discount

401(k) matching

Professional development

Healthcare options

Paid time off

Company-paid life insurance

Job summary

Cadence Education is seeking an experienced AR Manager to lead accounts receivable, ensure accurate billing, timely collections, and robust reporting. This remote role supports the organization’s financial health and customer relations.

The position requires 5+ years in accounting/finance with AR expertise, a Bachelor’s degree, and strong leadership skills to mentor AR specialists and collaborate with cross-functional teams.

Qualifications

• In-depth knowledge of AR processes including billing, collections and revenue recognition in education/childcare context.
• Strong leadership to mentor AR Specialists.
• Proficiency in billing processes and handling escalated inquiries.
• Ability to analyze AR data and monitor collections efforts.
• Experience reconciling customer accounts and resolving billing discrepancies.
• Understanding of accounting standards and revenue recognition rules.
• Excellent communication with customers, vendors and internal stakeholders.
• Familiarity with accounting software and data entry controls.

Responsibilities

• Oversee AR process: invoice generation, payments posting, and account reconciliation.
• Coordinate billing, ensure accurate invoicing and timely delivery; address inquiries.
• Develop and implement collections strategies to minimize delinquencies.
• Set credit limits with CFO/Accounting Manager; monitor credit risk.
• Prepare AR reports for management; collaborate with Finance for timely reporting.
• Maintain positive customer relationships and resolve billing concerns promptly.
• Identify process improvements to streamline AR operations and efficiency.
• Lead and mentor the AR team; set goals and development plans.

Skills

AR processes

Leadership

Billing & collections

AR data analysis

Revenue recognition

Communication skills

Accounting software

Organization

Education

Bachelor's in Accounting/Finance

Tools

ERP systems

Job description

Cadence Education is one of the premier early childhood educators in the United States, operating over 340 private preschools and elementary schools across 30 states. With over 30 years in business, we have developed an unparalleled expertise in preparing students to thrive in the next step of their childhood.

At Cadence Education, our mission is to create bright futures for children, families, employees and our communities. This mission can only be accomplished through a team of passionate childcare professionals who combine their talents to provide an unparalleled level of care and compassion for children and their families. Our research-based curriculum and home-based environments are the leading edge of early education.

Our schools are staffed with individuals who are talented, fun, and genuinely enthusiastic about child development and learning. We encourage collaboration and cherish open-communication in each school and with our corporate office. We work hard to create an outstanding work-life balance by supporting leaders and staff members every step of the way. For additional information about Cadence, please visit www.cadence-education.com.

Benefits of Working Full Time at Cadence Education:

• Competitive compensation
• On demand pay with UKG Wallet
• 50% childcare tuition discount
• 401(k) with employer match
• Educational and professional development
• Comprehensive benefit package for all full-time employees, including:
  • Paid time off that increases with seniority
  • Medical, dental, vision options available
  • Additional life, disability, and retirement plans
  • Tuition reimbursement
  • Company-paid life insurance
  • Paid holidays
  • 401K
  • Pet insurance
  • Paid CDA

JOB SUMMARY:

The AR Manager at Cadence Education is a key role responsible for managing the accounts receivable function, ensuring timely and accurate billing, collections, and reporting. This position plays a critical role in maintaining strong financial health for the organization. This position is remote.

ESSENTIAL FUNCTIONS:

1. Oversee the accounts receivable process, including generating customer invoices, recording payments, and reconciling accounts. Monitor and manage the AR aging report to ensure timely collection of outstanding balances.
2. Coordinate and execute the billing process, ensuring that invoices are accurate, properly coded, and delivered to customers in a timely manner. Address customer inquiries and discrepancies related to invoices.
3. Develop and implement collection strategies to minimize delinquent accounts. Apply cash receipts accurately to customer accounts and reconcile discrepancies.
4. Evaluate and establish credit limits for customers in collaboration with the CFO and Accounting Manager. Monitor credit risk and recommend appropriate credit terms and actions.
5. Prepare regular AR reports and analyses for management review. Collaborate with the Finance team to ensure accurate and timely financial reporting.
6. Maintain positive relationships with customers and address any billing or payment concerns in a professional and timely manner. Collaborate with cross-functional teams to resolve customer issues.
7. Identify opportunities for process improvement within the AR function. Implement best practices to streamline AR operations and enhance efficiency.
8. Lead, mentor, and manage the AR team, promoting a culture of accountability, excellence, and continuous improvement. Set team goals, performance metrics, and individual development plans.

JOB QUALIFICATIONS:

Knowledge, Skills, and Abilities:

• In-depth knowledge of accounts receivable processes, including billing, collections, and revenue recognition, particularly in the context of the education or childcare industry.
• Strong leadership and management skills to oversee and mentor AR Specialists effectively.
• Proficiency in billing processes, collections strategies, and the ability to handle escalated customer inquiries and payment issues.
• Ability to analyze AR data, monitor collections efforts, and minimize overdue accounts.
• Expertise in reconciling customer accounts and resolving billing discrepancies.
• Understanding of revenue recognition policies and compliance with accounting standards.
• Excellent communication skills for interactions with customers, vendors, and internal stakeholders regarding billing and payment inquiries.
• Familiarity with accounting software and tools for data entry and financial recordkeeping.
• Strong organizational skills to maintain financial records and documentation in an organized and accessible manner.

Education or equivalency:

• Bachelor's degree in Accounting, Finance, or a related field.

Experience:

• Must have a minimum of five (5) years of progressively responsible accounting, finance, or general ledger experience that demonstrates a strong level of understanding of the required knowledge, skills, and abilities.
• Prefer prior supervisory or management experience.

Specialized training:

• None.

Certification/licensure:

• Certified Credit and Collection Professional (CCCP) or Certified Receivables Manager (CRM) can be beneficial and demonstrate expertise in AR management.

Cadence Education is an Equal Opportunity Employer.