- Manage and direct accounts receivable/collections staff in daily tasks.
- Set objectives for the team aligned with the accounting departments goals.
- Foster a collaborative team environment for efficient and accurate processes.
- Oversee the accurate and timely generation of customer invoices.
- Ensure billing processes comply with regulatory requirements and internal policies.
- Develop and implement effective strategies for collections to minimize outstanding receivables.
- Monitor and analyze aged receivables, implementing appropriate actions to address overdue accounts
- Conduct regular reconciliations of accounts receivable to ensure accuracy and completeness.
- Investigate and resolve discrepancies, working closely with other departments as needed.
- Accurately process high-volume cash receipts, including credit card payments, lock box receipts sorting, and managing Wire, ACH, and Remote Check Deposits.
- Balance receipts and reconcile daily work batches to maintain an accurate audit trail.
- Perform other duties as assigned
- Bachelors of Science or Bachelors of Accounting in accounting, finance or relevant field is preferred.
- Minimum 5 years' experience in the insurance or financial services industry, with a focus on accounts receivable.
- Proficiency in using Epic or related accounting software.
- Excellent analytical skills along with the ability to create and present detailed reports.
- Robust Excel skills.
- Team management and negotiation skills.
- Problem-solving attitude.
- Strong sense of urgency.
- Knowledge of Applied Systems Epic a plus
- Competitive compensation to reward you for your hard work every day.
- Progressive Paid-Time Off program for you to enjoy time out of the office, including time off for volunteering and life events.
- Group Medical, Dental, Vision and Life insurance to encourage a healthy lifestyle.
- Pretax Health and Dependent Care Spending Accounts to ease taxes on spending.
- Discounts in retail and entertainment.
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Description
Position Description: Who We AreNIP Group is a rapidly growing insurance service provider of specialty programs for commercial insurance brokers and carriers providing underwriting, distribution, product management, administration, and risk management services primarily by acting as a managing underwriter (MGA) and a Reciprocal Services Manager (RSM).Our culture is one that empowers and encourages employees to be innovative, collaborative, and forward-thinking. If you are interested in being a part of a growing, entrepreneurial spirited organization, wed love to hear from you
About the PositionWe are seeking a highly motivated and detail-oriented Accounts Receivable Manager to join our team. The Accounts Receivable Manager is responsible for the comprehensive oversight of the credit and collections function, ensuring adherence to Company policies and procedures. This role involves collaboration with the Senior Management Team, Sales Support Team, and cross-functional departments to optimize collections processes. This is an exciting opportunity to work for a rapidly growing company that offers excellent career growth potential.
What Youll DoWe have an exciting opportunity for an Accounts Receivable Manager to join our team, responsibilities include:
Leadership and Team Management
Education