• Job Description

  Req#: 32591332376

  Join to apply for the Financial Accounting Supervisor role at Compass Group USA

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  Join to apply for the Financial Accounting Supervisor role at Compass Group USA

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  This range is provided by Compass Group USA. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

  Base pay range

  $86,500.00/yr - $105,000.00/yr

  Additional compensation types

  Annual Bonus

  Direct message the job poster from Compass Group USA

  Responsibilities:

  Team Leadership and Management:

  • Recruit, train, mentor, and supervise a team of AR specialists within the assigned region.
  • Set performance goals, monitor team performance, provide regular feedback, and conduct performance evaluations.
  • Foster a positive and collaborative team environment.
  • Delegate tasks effectively and ensure workload is balanced.

  Accounts Receivable Operations:

  • Oversee the accurate and timely processing of invoices, credit memos, and payments.
  • Ensure adherence to company policies and procedures related to invoicing, cash application, and collections.
  • Monitor and analyze accounts receivable aging reports to identify and address overdue accounts.
  • Implement and maintain efficient AR workflows and processes.
  • Review customer AR accounts using SAP and MyResults in conjunction with communication received from the field (units and customers) and internal partners (field accounting and cash applications) to ensure accurate depiction of customer AR balances.
  • Analyze complex client AR accounts across sectors and recommend solutions to resolve issues.
  • Monitor AR aged items and pro-actively provide information to field pertaining to unresolved past due items, on account cash and potential AR write off postings.

  Credit and Collections Management:

  • Enforce the company's credit policies and procedures within the region.
  • Develop and implement effective collection strategies to minimize bad debt and maximize cash flow.
  • Negotiate payment plans with customers when necessary.
  • Escalate complex collection issues to appropriate levels.

  Reporting and Analysis:

  • Prepare regular and ad-hoc reports on AR performance, including aging analysis, collection metrics, and key performance indicators (KPIs).
  • Analyze AR data to identify trends, potential risks, and opportunities for improvement.
  • Present AR performance reports to senior management.

  Internal and External Collaboration:

  • Work closely with sales, customer service, and other internal departments to resolve billing discrepancies and customer inquiries.
  • Communicate effectively with customers regarding their account status and payment obligations.

  Process Improvement and Compliance:

  • Identify and implement process improvements to enhance efficiency, accuracy, and internal controls within the AR function.
  • Ensure compliance with relevant accounting standards, regulations, and company policies.
  • Participate in system implementations and upgrades related to accounts receivable.

  Problem Solving and Issue Resolution:

  • Investigate and resolve complex AR issues and discrepancies in a timely and effective manner.

  Qualifications:

  • Bachelor's degree (B.A.) from four-year College or university; or one to two years related experience and/or training; or equivalent combination of education and experience.
  • Strong understanding of accounts receivable principles, practices, and regulations.
  • Excellent leadership, communication (both written and verbal), and interpersonal skills.
  • Proficiency in using accounting software and Microsoft Office Suite (Excel, Word, Outlook).

  Seniority level

  • Seniority level

    Mid-Senior level

  Employment type

  • Employment type

    Full-time

  Job function

  • Job function

    Accounting/Auditing and Finance

  • Industries

    Food and Beverage Services, Hospitality, and Food and Beverage Retail

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  Inferred from the description for this job

  Medical insurance

  Vision insurance

  401(k)

  Disability insurance

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• About the company

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