Accounts Receivable Global Reporting Manager

Job Title

Accounts Receivable Global Reporting Manager

Job Description Summary

The Accounts Receivable Manager is responsible for leading a team of individuals to complete the proper analysis of Global AR, unapplied cash and bad debt assessments while providing visibility of net AR to service line stakeholders. Understanding of proper accounting treatment and subledger to ledger interdependencies are essential. The position will interact with many levels of Finance and business facing team members within the organization. They will drive the reduction of trade AR, unapplied cash, and use of best practice. They will provide training and support to assist with the resolution of discrepancies, customer AR account reconciliations, and internal past due collections. The Assistant Manager should have strong analytical and communication skills, along with a firm understanding of the C&W processes. They should be proactive in identifying process deficiencies and suggesting improvements. They should maintain a positive attitude and strong organizational skills along with the ability to prioritize responsibilities and multi-task to meet deadlines set forth by management. This position will require significant knowledge of GAAP, SOX, SOC, CECL, ASC guidance, acquisition accounting, and significant systems enhancement and integration. The individual will also be a key process owner of multiple SOX controls and will be responsible for internal control testing, control modification with the Global Accounting Team, and will serve as a key audit representative both to internal and external audit committees. Additional responsibilities involve heavy collaboration with the Transformation and TDS Teams to drive cost saving measures inclusive of systems implementations, process review / assessment / automation as well as internal control policy development, monitoring, and implementation. Excellent verbal and written communication is required as this position holds high visibility within Shared Services as well as Senior Leadership. The individual will be a liaison to key stakeholders in each service line within the United States and will be expected to lead and present during service line meetings and collaborate on operationally driven enhancements that encompass or overlap with Accounts Receivable dependencies and functions. Exposure for CECL and bad debt ensuring adherence to policy and procedure. Bad Debt analysis is also inclusive of Executive Leadership presentation noting GAAP and normalized EBITDA impacts. Key IT related cross functions include the management and development of internal reporting through systems including PowerBI, and the development and deployment of complex Alteryx Workflows. This will require assistance and communication with Senior Leadership in IT and the business.

Job Description

• Lead, Manage, and develop team of individuals to complete the proper analysis, reporting, and monitor Global AR, unapplied cash, and bad debt. Design and manage escalations for aged unapplied cash and collections as appropriate.

• Be  proactive in identifying process deficiencies and suggesting improvements through continuous evaluation of current processes, procedures, functions, reporting and planning. This should include exploring potential automations or enhancements to overall organizational functions. Development and maintenance of PBI and Alteryx process flows.

• Review AR viability at the customer and/or invoice level.

• Prepare and present in Service Line level Senior Management meetings, inclusive of overlapping processes and functions that impact AR, or where AR impacts service line functions.

• Prepare quarterly bad debt assessment, prepare corresponding journal entries, prepare consolidated financial impact statement by service line as well as GAAP and normalized impacts for Executive Leadership.

• Support merger & acquisition, process changes, integration initiatives; execute user acceptance testing as required

• Provide ongoing evaluation and training of best practices within the AR organization, Shared Service, as well as within the business.

• Review, Analyze, Reconcile, and provide communication and support in partnership with key service line business leaders to assess, report, write-off and reserve bad debt as appropriate.

• Performs other related duties as required or requested.
• Travel up to 5%

EXPERIENCE REQUIREMENTS

• Bachelor's Degree in Accounting, Finance or Business preferred
• 3-5 years of experience in A/R (with a global company preferred)
• 1-3 years of management experience
• GAAP accounting and SOX

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 91,715.00 - $107,900.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email HRServices@cushwake.com. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”