Hudson Valley Lighting Group is a worldwide leader in the design, manufacturing, and omnichannel distribution of decorative and architectural lighting fixtures, encompassing six brands: Hudson Valley Lighting, Mitzi, Troy, Corbett, CSL, and Sonneman (on behalf of Hudson Valley Lighting, Inc., Troy-CSL, Inc., and SN Modern, LLC). As the one-stop shop for the most comprehensive selection of lighting, HVLG seeks to inspire and support our customers in their pursuit to achieve a home that perfectly reflects their clients. HVLG takes a designer-forward approach to the light-purchasing process — making the experience more inspiring, exciting, and inviting. At HVLG, we believe that great lighting has the power to elevate any space and enrich people's lives — and it's that guiding philosophy that ties our family of brands together.
Job Summary: The Accounts Receivable Manager will oversee the accounts receivable function, ensuring the accurate and timely collection of outstanding payments from customers and the effective management of deductions generated. This role requires strong leadership skills, exceptional attention to detail, and the ability to manage a team effectively. The ideal candidate will have a solid background in accounts receivable management, third-party and legal collection management, and proactive internal customer collaboration, with excellent communication skills and a commitment to achieving financial targets.
Responsibilities include, but are not limited to, the following:
- Manage the account’s receivable process, including invoicing, payment collections, and reconciliations.
- Supervise and guide the accounts receivable team, including setting performance goals, conducting regular performance evaluations, and promoting professional development.
- Develop and implement effective credit and collection policies (Improve DSO) and procedures to minimize delinquencies and improve cash flow.
- Review and analyze customer credit applications and conduct credit checks to assess creditworthiness and determine appropriate credit limits.
- Review the Credit Hold process and the Credit Limit process with the Sales head. Remove Credit Holds once the customer is back on a regular payment plan
- Oversee the accurate and timely application of incoming payments to customer accounts.
- Reconcile discrepancies and work with the finance and sales team to resolve payment-related issues.
- Work on customer accounts reconciliations, including all the credits and discounts.
- Timely involvement with the sales team on all the credits and deductions approval.
- Implement the deductions management tool in S4 and work well with FICO consultants to enhance the process.
- Monitor aging reports and follow up on overdue accounts to ensure timely payment collections.
- Work with AR specialists on assigning accounts and also follow up on every aged account and bring it to closure in a timely manner
- Weekly management reporting of aged AR and the key drivers, including reasons for the delay.
- Resolve customer billing issues and disputes, working closely with the sales and customer service teams to address concerns and find appropriate resolutions.
- Collaborate with the finance and accounting teams to ensure accurate recording and reporting of accounts receivable transactions.
- Review with the controller on bad debts and placed for collections, and inform the GL team on booking the entry.
- Informing the GL team on increasing any specific reserves for AR in case of a significant Chapter 7 or 11 filing by the customers.
- Prepare regular reports and analyses on accounts receivable activities, including collection performance.
- Establish and maintain strong customer relationships, responding to inquiries and providing exceptional customer service.
- Stay current with best practices and regulatory requirements for accounts receivable management.
- Work closely with the Sales, Account Management, Business Development, and Finance departments to address customer queries/concerns and improve cash flow.
- Set performance goals and conduct regular performance reviews to ensure team effectiveness.
- Foster a collaborative and positive work environment within the AR department.
Position requirements:
- Bachelor’s degree in accounting, Finance, or a related field. (10+) years of relevant experience.
- Proven experience in accounts receivable management, preferably in a supervisory or managerial role.
- Strong knowledge of accounts receivable principles, practices, and procedures.
- Proficiency in using accounting software, preferably SAP S4 Hana and Microsoft Office Suite.
- Excellent analytical and problem-solving skills, with keen attention to detail.
- Strong leadership and team management abilities, with the capacity to motivate and inspire a team to achieve targets.
- Exceptional communication and interpersonal skills, with the ability to effectively communicate with internal and external stakeholders.
- Demonstrated ability to work under pressure, meet deadlines, and adapt to changing priorities.
- Knowledge of relevant regulations and compliance requirements, such as credit and collection laws, is preferred.
- Other duties as needed.
- Ability to travel up to 10% annually.
- US citizen or permanent resident (no Visa sponsorship available).
WORKING CONDITIONS
Physical Demands:
The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.
This position requires lifting up to 30 lbs., standing, sitting, walking, bending, kneeling, stooping, crouching, crawling, and climbing all day. As well as sitting for the duration of the work shift except on breaks and mealtimes.
Work Environment:
The work environment characteristics described here are representative of those employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.
Ability to work in a Distribution Center environment with varying temperatures and noise.
Equal Opportunity Employer:
Hudson Valley Lighting is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, physical or mental disability, genetic factors, military/veteran status, or other characteristics protected by law.
Disclaimer: This position description indicates the general nature and level of work expected. It is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required. Employees may be asked to perform other duties as needed.
Job Type: Full-time
Pay: $75,000.00 - $95,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid sick time
- Paid time off
- Vision insurance
Application Question(s):
- Will you now, or in the future, require sponsorship for employment visa status (e.g. H-1B visa status)?
Education:
Ability to Commute:
- Wappingers Falls, NY 12590 (Required)
Willingness to travel:
Work Location: In person
