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AR Manager

Location:

VA - Virginia Beach

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General Description:  The Corp AC Manager A/R is responsible for managing Cash Receipts and Accounts Receivable departments at the NAC. Responsibilities include ensuring complete and accurate recording of all cash receipts for the retail offices, managing the Accounts Receivable department in accordance with the USI AR and overseeing escheatment filings and bank reconciliations.

Responsibilities:

  • Manages Cash Receipts department to ensure accuracy and timely recordkeeping of all incoming cash and EFT transactions.
  • Coordinate with USI Treasury department on opening and closing bank accounts, assigning appropriate access and reconciling discrepancies.
  • Manages CR and AR team performance through implementing and monitoring monthly activity via scorecards and departmental meetings.
  • Manage escheatment process to ensure filings and remittances are done in accordance with state statutes. .
  • Conducts training on AR policy and Sagitta Client Ledger for new acquisitions on-site and semi-annually via webex for all retail offices.
  • Act as an expert resource for retail offices on accounts receivable matters.
  • Calculate bad debt reserve for retail regions quarterly and conduct collection calls in advance to minimize reserve adjustments through collection or bond deferral efforts.
  • Oversee and manage completion of all bank reconciliations by the fourth business day after month-end.
  • Manage Direct Bill collection staff to resolve billing discrepancies and collect past due commissions from carriers on timely basis.
  • Assist Corp AC CFO with acquisition transitions.

ยท         Other projects and analysis as requested by NAC CFO or Corporate Finance.


USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.


Job ID:

22850

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Notice to Recruiters and Agencies regarding unsolicited resumes or candidate submissions without prior express written approval.
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