AR Manager - TX - Dallas - 32155 - USI Insurance

Job Details

Locations

TX - Dallas

Job ID

32155

Description and Requirements

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.

• Manage AR department in accordance with USI’s AR collection policy.

• 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.

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

Knowledge, Skills and Abilities:

• College Graduate with Degree in Accounting or Finance.

• 6-8 years of accounting experience required; 3 years at a supervisory level required; 2-3 years of AR collection experience.

• Thorough knowledge of all aspects of banking procedures as regards to cash receipt posting and bank reconciliations.

• Prior Accounts Receivable experience at a supervisory level.

• MS Office and Excel proficiency required

• Knowledge of general ledger accounting; escheatment experience a plus.

• Strong work ethic with a defined sense of urgency.

• Organized self-starter that works well in a team environment.

• Strong attention to detail and retention of pertinent information.

Physical Demands:

Work is performed in a climate controlled office environment with minimal noise and limited to no exposure to chemicals or toxins. Employees operate office equipment including; telephone - headset, computer, computer monitors, keyboard, mouse, copier, scanner and mail machine. Physical tasks of job include; walking, sitting, standing and bending.

Analysis of Physical Demands:

• Constantly (over 66% of time) work performed requires employees to use repetitive hand motions such as typing, using a keyboard, and sitting at a desk.

• Frequently (34%-66% of time) work performed requires employees to handle and grasp things, walk on normal surfaces, stand and bend.

• Occasionally (1%-33% of time) walk on uneven or slippery surfaces to and from work and occasionally reach outward to grab things and bend.

• Rarely (< than 1 hour per week) work performed requires Lifting/Carrying items that range from 10-50lbs, pushing/pulling items that range from 10-50lbs, twisting/ turning including reaching over shoulder or above head , kneeling or squatting.

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.