Accounts Receivable Lead

Job Description

Job Description

About Company:

About M&D

For the past 80+ years, M&D  has led the aftermarket in remanufacturing innovation to address technological advancements and changing customer needs. In the past few decades, we have expanded beyond our remanufacturing roots to develop close (and sometimes exclusive) partnerships with the world’s leading OEMs and manufacturers.

Those partnerships with key suppliers like Bosch, Garrett, Federal Mogul, Cummins, Stanadyne, Holset, BorgWarner, Delphi, Yanmar, Mitsubishi, Denso and others have been critical in honing our remanufacturing capabilities and expanding our parts offering to include new, no core options in fuel injectors and fuel pumps, diesel engine cylinder heads, blocks, crankshafts and connecting rods. M&D also stocks a complete assortment of turbos (new and remanufactured), inframe overhaul kits, filtration and aftertreatment parts including DPFs, DOCs, EGRs, sensors and other engine parts.

Our strong remanufacturing roots combined with our 41 branch locations, a nationwide outside sales team of 25 and our close OEM & Manufacturer partnerships make us unique in the industry – no one understands diesel engine failure analysis and parts better than M&D . WE FUEL UPTIME .

 

Position Summary 

The Accounts Receivable Lead manages day-to-day accounts receivable operations, including payment processing, cash application, and credit card reconciliation. This role handles ACH and counter sales payments and desktop deposits, approves account adjustments, and partners with the GL team and warehouse managers to resolve reconciling items and cash sheet escalations. The Accounts Receivable Lead also leads the team’s training on the Order-to-Cash (O2C) system and helps to identify and close process gaps.

Essential Duties and Responsibilities:

• Process ACH and counter sales payments.
• Prepare desktop deposits.
• Process and reconcile credit card statements.
• Review reconciling items with the GL team as needed.
• Approve and process account adjustment requests, ensuring proper GL coding.
• Identify process gaps and collaborate with the AR/Credit Manager on improvements.
• Act as liaison for cash sheet issue escalations with internal warehouse managers.
• Perform annual account cleanup.
• Lead AR team on training and implementation on O2C integration tool
• Assist with month-end and year-end close activities related to accounts receivable.
• Perform other duties as assigned.

Minimum Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field, or equivalent experience.
• 3+ years of experience in accounts receivable, cash application, or a related finance role.
• Working knowledge of accounting principles and AR processes, including ACH processing, deposits, credit card reconciliation, and GL-coded adjustments.
• Proficiency in accounting/ERP or O2C software and Microsoft Excel.
• Strong analytical skills, with the ability to research and resolve payment discrepancies.
• Excellent communication and leadership skills.
• Successful completion of pre-employment background and drug screening.

• Fosters good coworker citizenship and contributes to a positive work environment.

 

Preferred Qualifications:

• Experience leading or supervising an accounts receivable team.
• Familiarity with ERP systems such as SAP, Oracle, or NetSuite.
• Advanced Excel skills, including pivot tables and data analysis.
• Experience in a fast-paced, multi-branch or distribution/wholesale environment.

 

Physical Demands and Work Environment 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

• Prolonged periods sitting at desk and working on a computer
• Ability to lift, move, and carry objects to 15 lbs. 

Note

This job description in no way states or implies that these are the only duties to be performed by the employee(s) of this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. 

M&D provides equal employment opportunity to all qualified applicants and employees without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, marital status, familial status, disability, military status, and genetic information.