Finance Manager– Accounts Receivable & Collections

AB Facility Services; Florham Park (NJ); On-site; USD 100,000 - 140,000; Full time

Job summary

AB Facility Services is seeking an experienced Finance Manager – Accounts Receivable & Collections to lead our AR and collections activities, strengthen cash flow, and optimize billing processes.

The ideal candidate should have 7–10+ years in finance/accounting with strong AR, collections, and project-based billing experience in construction or related fields. This hands-on role collaborates with Project Management, Operations, and Finance.

Qualifications

• 7–10+ years of Finance, Accounting, Accounts Receivable, and Collections experience.
• 7–10+ years of construction industry experience required.
• Strong commercial/B2B collections experience.
• Experience with project-based billing and construction payment cycles.
• Understanding of retainage, contracts, change orders, deductions, and disputed invoices.
• Experience managing a significant AR portfolio.
• Strong Excel and financial analysis skills.
• Experience with ERP/accounting systems.
• Strong communication, negotiation, organizational, and problem‑solving skills.

Responsibilities

• Oversee daily Accounts Receivable and Collections activities.
• Manage AR aging, past‑due balances, and collection priorities.
• Follow up with customers regarding outstanding invoices and payment status.
• Resolve billing disputes, deductions, credits, short payments, and account discrepancies.
• Review project billing, contracts, retainage, and payment requirements.
• Work closely with Project Management, Operations, and Finance to resolve billing and collection issues.
• Reconcile customer accounts and investigate discrepancies.
• Monitor DSO, collection performance, and outstanding receivables.
• Prepare AR aging reports, collection forecasts, and financial updates for leadership.
• Identify recurring billing issues and recommend process improvements.

Skills

AR & Collections experience

Financial analysis

Negotiation skills

Communication skills

Tools

ERP systems

Accounting software

Project-based billing

Job description

About AB Facility Services

AB Facility Services is a growing facilities services organization providing comprehensive janitorial, mechanical, engineering, maintenance, and facility management services to commercial clients.

We are seeking an experienced Finance Manager – Accounts Receivable & Collections to join our Finance team and play a key role in managing and strengthening our accounts receivable and collections operations.

Position Overview

We are seeking an experienced Finance Manager – Accounts Receivable & Collections to oversee AR and collections and help improve cash flow and overall collection performance.

The ideal candidate will have 7–10+ years of finance/accounting experience, with strong Accounts Receivable and Collections experience in the construction or electrical contracting industry. This is a hands‑on role focused on commercial customer accounts, project billing, collections, and resolving billing issues.

Key Responsibilities

• Oversee daily Accounts Receivable and Collections activities.
• Manage AR aging, past‑due balances, and collection priorities.
• Follow up with customers regarding outstanding invoices and payment status.
• Resolve billing disputes, deductions, credits, short payments, and account discrepancies.
• Review project billing, contracts, retainage, and payment requirements.
• Work closely with Project Management, Operations, and Finance to resolve billing and collection issues.
• Reconcile customer accounts and investigate discrepancies.
• Monitor DSO, collection performance, and outstanding receivables.
• Prepare AR aging reports, collection forecasts, and financial updates for leadership.
• Identify recurring billing issues and recommend process improvements.

Qualifications

• 7–10+ years of Finance, Accounting, Accounts Receivable, and Collections experience.
• 7–10+ years of construction industry experience required.
• Strong commercial/B2B collections experience.
• Experience with project-based billing and construction payment cycles.
• Understanding of retainage, contracts, change orders, deductions, and disputed invoices.
• Experience managing a significant AR portfolio.
• Strong Excel and financial analysis skills.
• Experience with ERP/accounting systems.
• Strong communication, negotiation, organizational, and problem‑solving skills.

Preferred

• Electrical contracting, commercial construction, general contracting, mechanical contracting, or utility construction experience.
• Experience managing or mentoring an AR/Collections team.
• Experience with multi‑project or multi‑entity organizations.
• Experience improving DSO and collection performance.