Accounts Receivables (AR) Manager
Brentwood, Missouri, United States
Building People that Build the world.
With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.
The below is a position with ASPEQ Heating Group. ASPEQ Heating Group is a marketplace leader in innovative electric heating solutions for residential, commercial, and industrial markets. With a portfolio that includes baseboard, wall, unit and infrared heaters as well as ceiling fans and air circulators, we create simplified heating solutions for our complex work.
How you will make an Impact (Job Summary)
SPX is a diverse team of unique individuals who all make an impact. As an Accounts Receivables (AR) Manager, you will oversee our accounts receivable functions and ensure the timely collection of outstanding debts. The AR Manager will be responsible for managing the AR team, implementing effective collection strategies, and maintaining accurate records of accounts receivable transactions.
What you can expect in this role (Job Responsibilities)
While each day brings new opportunities at SPX, your core responsibilities will be:
- Account Management
- Manage the accounts receivable process, including invoicing, billing, and collections
- Monitor accounts receivable aging reports and prioritize collection efforts to reduce delinquency
- Communicate with customers to resolve billing issues, disputes, and overdue payments.
- Review and approve credit applications and establish credit limits for customers.
- Conduct regular credit reviews to assess the creditworthiness of customers and adjust credit terms as necessary.
- Supervision and Collaboration
- Supervise and mentor the AR team, providing guidance and support to ensure departmental goals are met
- Develop and implement policies and procedures to streamline the accounts receivable process and improve efficiency
- Work closely with sales and customer service teams to address customer concerns and ensure timely resolution of issues.
- Collaborate with finance and accounting teams to reconcile accounts receivable transactions and resolve discrepancies
- Continuous Improvement
- Stay up-to-date on industry best practices and regulatory requirements related to accounts receivable management
- Participate in other duties as assigned that relate to the overall goals of the department or organization
What we are looking for (Experience, Knowledge, Skills, Abilities, Education)
We each bring something to the table, and we are looking for someone who has:
Required Experience
- 3-5 years’ experience in accounts receivable management
- Strong knowledge of accounting principles and practices, particularly in accounts receivable and credit management.
- Proficiency in Microsoft Office Suite, Excel.
- Experience implementing process improvements and driving efficiencies in accounts receivable operations.
Preferred Experience, Knowledge, Skills, and Abilities
- Syteline ERP system experience
- Knowledge of regulatory compliance requirements related to accounts receivable (e.g., Fair Debt Collection Practices Act)
Education & Certifications
- Bachelor's degree in accounting, finance, or related field
Travel & Working Environment
- Hybrid office environment – 2 days on-site
- Up to 10% Travel
How we live our culture
Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.
What benefits do we offer?
We know that the well-being of our employees is integral. Our benefits include:
- Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
- Competitive health insurance plans and 401(k) match, with benefits starting day one
- Competitive and performance-based compensation packages and bonus plans
- Educational assistance, leadership development programs, and recognition programs
Our commitment to embrace diversity to build a culture of inclusion at SPX
We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential.
SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.