Overview
The Accounts Receivable Manager is responsible for managing the Accounts Receivable team to ensure payments and adjustments are properly posted to customer accounts, and the corresponding bank deposits are made on a timely basis. Additional responsibilities include coordinating, prioritizing, and supervising assigned activities to ensure customer statements are processed accurately and timely, ensuring all account reconciliations are executed and cleared in a timely manner, and overseeing and reconciling MFA Oil's credit card programs with various card vendors and 3rd party processing companies. MFA Oil Company is an Equal Opportunity/Drug-Free Employer.
Responsibilities
- Provide daily oversight for the staff working in Accounts Receivable
- Process all customer statements in an accurate and timely manner, researching and appropriately adjusting all errors and discrepancies discovered during production.
- Review and reconcile the Accounts Receivable general ledger, accounts, and transactions monthly.
- Timely notify the Corporate Treasurer of any discrepancies identified or accounts that do not balance. Participate in researching and resolving discrepancies.
- Communicate with external credit card processing companies to ensure issues are resolved timely and accurately.
- Adjust or correct company accounts receivable ledgers and account balances.
- Develop and maintain a thorough understanding of the credit card industry and how its business rules impact MFA Oil.
- Assess people, processes, and technology to ensure optimum productivity and efficiency of the department. Propose necessary upgrades or changes.
- Manage the department's remittance system to ensure prompt deposits are being made and accurate accounting records maintained.
- Provide training and review work to ensure employees detect errors and omissions in a timely manner in the normal course of their daily work.
- Maintain accounting audit trials for all activities conducted within the department. Create reporting to identify discrepancies for process improvements.
- Manage assigned employees including hiring, evaluating performance, making wage adjustments, and taking disciplinary action as appropriate.
- Plan and direct the work of assigned employees, including providing clear direction; training, developing and motivating employees; enforcing company policies and safety requirements; monitoring productivity; and resolving conflict in a timely manner.
- Review and approve employee time entry, ensuring employees follow posted work schedules and adhere to proper clocking procedures to accurately reflect hours worked
- Establish individual and team goals for each department, as well as establish personal goals with senior leader. Ensure goals are attainable and trackable.
- Assist with maintaining, balancing, and reconciling clearing accounts at the end of each month as directed.
- Prepare projections for the budget process.
- All MFA Oil employees are expected to know and adhere to company and position specific policies and procedures. While this job description contains the primary duties of the position, employees may be expected to perform other duties as assigned.
Requirements
- Bachelor's Degree with a focus in Accounting, Finance or Business, or a high school diploma or equivalent and combination of education and experience totaling 4 years
- An additional 5-7 years of strong accounting experience with at least three years having been in management.
- Experience with auditing internal controls and procedures and experience in analyzing financial statements
- Good, working knowledge of GAAP and automated accounting systems and processes
- Ability to consistently operate a computer and other office productivity machinery including Microsoft Office products
- Ability to learn new concepts and use technical materials
- Excellent organizational and analytical skills
- Excellent verbal and written communication skills, including the ability to train others, present to small or large groups, lead group meetings, and convey material concisely in written form, using proper grammar
- Excellent interpersonal skills including the ability to work collaboratively in a team
- Ability to provide accurate and thorough work with attention to detail
- Ability to multi-task and context-switch effectively between different activities and teams
- Ability to motivate employees under direct supervision, evaluate performance and assist in personal and professional development
- Some travel expected to company sites and to trainings and meetings. Some of which will be overnight
- Ability to meet company requirements including successful pre-employment drug screening and criminal background check
- Ability to exchange accurate information verbally and in written form with the customers of MFA Oil in English
- Legal authorization to work in the United States of America
Preferred Skills
- MBA or CPA
- Knowledge of JD Edwards's programs
- Ability to grasp new concepts quickly and work at a fast pace.
- Ability to work independently, set priorities and goals, and develop plans for achieving them
- Excellent customer service skills
- Ability to thrive in a fast paced, growing organization and rapidly changing environment.
ABOUT MFA OIL COMPANY MFA Oil Company, formed in 1929, is a farmer-owned cooperative and a leading propane retailer in the United States. The company supplies fuels, lubricants, and propane to customers in Missouri, Arkansas, Indiana, Iowa, Kansas, Kentucky, Oklahoma, and Tennessee. Through a subsidiary, MFA Oil operates Break Time convenience stores in Missouri; a Big O Tires franchise in Missouri, Arkansas, and Kansas; a solar panel installation company, BluSphere Energy; and APM, a wholesale fuel distributor. BENEFITS Our benefits are designed to invest in you! We offer a comprehensive benefits structure for regular full-time positions, including competitive wages, paid time off, paid company holidays, and the opportunity for eligible employees to share in company success through profit sharing and/or performance incentives. Health benefits include medical, dental, vision, an employee assistance program and company-paid life insurance, and short- and long-term disability. Our retirement benefits include a 401(k) plan with a company match offering pre-tax and Roth options. OUR CULTURE The core values of MFA Oil are aligned with our purpose and are the cornerstones upon which our culture is built.
- Put Customers First
- Respect Everyone - Demonstrate high regard or show special attention to customers, coworkers, vendors... everyone you come in contact with.
- Provide Excellent Service - Go the extra mile to ensure our customers are happy and satisfied with our products and services.
- Deliver on Your Promises - Do what you say you are going to do, when you say you are going to do it. Every time.
- Be Tenacious
- Give Your Best - Always give your best effort and seek to improve every day.
- Never Settle - Settling can lead to compromising on effort and quality of work. Find a way forward and don't settle for "It can't be done."
- Work Passionately - Passion accelerates your abilities, propels you to overcome obstacles and shows customers and co-workers that you care.
- Lead by Example
- Do the Right Thing - When we let honesty and integrity be our guide, we will always be headed in the right direction.
- Take Ownership - Each of us must be accountable for ourselves, our colleagues, our customers and our company.
- Act with Empathy - When we recognize and understand each other's challenges, we communicate better and grow stronger as a team.
GROWTH & DEVELOPMENT
We believe there's always room to learn and grow, from entry-level employees to senior leaders. Opportunities exist for internal advancement and professional development including on-the-job training. Educational expense assistance is available for employees seeking to continue their education ambitions aligned with their employment within the company.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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