Accounts Receivable Manager
Illinois Tool Works
Accounts Receivable ManagerAre you an accounting leader eager for the chance to collaborate across the business landscape and leave your imprint?Miller Electric, an ITW company, is seeking an experienced and detail-oriented Accounts Receivable (AR) Manager to lead our receivables function and oversee the company's credit and collections processes. As the AR Manager, your responsibilities include managing invoicing, cash application, collections and customer account reconciliation. In addition, you're a catalyst for driving efficiency to optimize cash flow and reduce outstanding receivables.The ideal candidate is a strong leader with excellent analytical skills, a customer-service mindset, and a proven ability to manage teams in a fast-paced environment.If you're seeking a role where your contributions directly shape our business's success, all while embracing innovation, this may be the position you have been seeking.What you will do and impact:Manage the day-to-day operations of the accounts receivable departmentOversee billing, invoicing, cash applications, collections, and account reconciliationsMonitor aging reports and ensure timely collection of outstanding balancesDevelop and implement AR policies, procedures, and internal controlsCollaborate with sales, customer service, and finance teams to resolve billing disputesPrepare AR reporting and KPI analysis for leadershipMaintain accurate customer account records and documentationLead, mentor, and develop AR staff to ensure high performance and accountabilitySupport month-end and year-end close processesEnsure compliance with company policies and accounting standardsIdentify opportunities for automation and process improvementTeam Leadership and Development:Assist employees in understanding how decisions impact the financials, identify and communicate key business drivers, and provide training to enhance overall financial awareness.Lead and develop the accounts receivable team by providing guidance, training, and feedback.Partner with the Division Controller in planning, assigning, and directing work within the department.Cross Functional Collaboration:Apply 80/20 thinking to reduce complexity and simplify processes.Participate in cross-functional projects within and outside the Division.What you need to do to be successful:Cultivate Curiosity: use a curious mindset and a strong desire for continuous learning, particularly regarding business processes and their influence on financial outcomes.Prioritize Effectively: prioritization that aligns with business objectives. Exhibit high motivation, personal accountability, and coaching abilities to drive success.Drive Financial Improvements: initiate and implement financial improvements that support and enhance business operations.Attention to Detail: Be detail-oriented with robust problem-solving and organizational skills to ensure precision in financial management.Self-Starting Initiative: Be an aggressive self-starter with the capacity to independently lead and execute projects with minimal direction.Effective Communication: Communicate effectively, both verbally and in writing, with customers, suppliers, and all team members, facilitating productive interactions.Flexibility: Be open to minimal travel as required to fulfill job responsibilities.QualificationsBachelor's degree in Accounting or related field5+ years of accounts receivable or accounting experience2+ years of leadership or supervisory experience requiredStrong knowledge of AR processes, collections, and cash managementERP and Financial Reporting software experience required, Microsoft D365 expertise is beneficialAdvanced Excel skills and strong analytical abilitiesExcellent communication, organizational, and problem-solving skillsAbility to manage multiple priorities and meet deadlinesApply TodayInterested candidates should submit their resume and a brief cover letter outlining their experience and qualifications.Why ITW Welding?Join a collaborative and growth-focused team where your expertise will directly impact the company's financial health and operational success. We value innovation, accountability, and continuous improvement.Here's what we offer to help you build the future you want:Generous Retirement Benefits – 401(k) match PLUS an additional retirement contribution to help you plan for the future.Paid Time Off – 11 paid holidays, 5 sick days, and vacation time to take time for what matters.Company-Paid Insurance – Life, AD&D, Short-Term & Long-Term Disability insurance to give you peace of mind.Family-Friendly Benefits – 4 weeks of paid parental leave and adoption reimbursement to support your family journey.Education Assistance – tuition reimbursement because we believe in investing in your personal and professional development.At ITW Welding, we're not just a place to work – we're a community that empowers you to grow and make a real impact. Join us and build a career that makes a difference!Company DescriptionComprised of a market-leading portfolio of best-in-class brands, the businesses of ITW Welding work together to provide premium performance delivered through a breadth of solutions encompassing welding, cutting, consumables, and accessories. ITW Welding North America represents Miller Electric Welding Equipment, Safety & Accessories, Hobart Filler Metals, and Bernard / Tregaskiss MIG Guns.Miller Electric Mfg. LLC, is headquartered in Appleton, Wisconsin, and wholly owned by Illinois Tool Works (NYSE: ITW). The company maintains its industry leadership by setting the standard for reliability, quality and responsiveness. Our tagline, "The Power of Blue®," is inspired by the blue color of Miller equipment.ITW is an equal opportunity employer. We value our colleagues' unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
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