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AR Manager

🔥 14 hours ago

🇺🇸 United States – Remote

💵 $120k - $130k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

💰 Accounts Receivable

👻 Ghost score 0%

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Logo of Olaplex Inc. (Nasdaq: OLPX)

Olaplex Inc. (Nasdaq: OLPX)

51 - 200 employees

🏥 Healthcare

🏭 Manufacturing

💄 Beauty

Healthcare • Manufacturing • Beauty

Olaplex Inc. is a company that specializes in hair-care products, offering a range of products designed to treat, maintain, and style hair. It provides various kits and individual items such as shampoos, conditioners, hair serums, and oils aimed at repairing hair damage, enhancing curls, and supporting hair health. Olaplex is known for its focus on sustaining hair bonds to improve hair strength and appearance. They also manage an online platform for direct sales, including special offers and gift sets, targeting customers worldwide. Their products are popular among those seeking professional-quality hair treatment at home.

📋 Description

• Manage the AR team, including FTEs and contractors, and lead all AR functions • Ensure accurate and timely customer invoicing • Ensure timely and accurate cash application • Manage the company inbox for customer invoicing questions • Develop and maintain standard operating procedures for accounts receivable and business partners • Liaise with FinOps, Sales, Operations, and other departments on AR matters • Attend customer onboarding calls and develop solutions for complex billing requirements • Set up new processes, maintain financial SOPs, and audit current processes for invoicing accuracy • Investigate root causes and resolve customer AR issues • Resolve collection issues by examining payment plans, payment history, and credit limits • Conduct customer outreach for overdue payments • Maintain internal controls and documentation and assist with year-end audit requests • Develop bad debt processes, procedures, and escalation practices • Investigate account discrepancies using billing, collections, account management, and customer information • Spread standard methodologies across accounts, teams, and verticals • Develop AR KPI reporting and forecasting • Prepare journal entries and account reconciliations as needed • Hold regular AR team meetings to discuss trends and brainstorm solutions

🎯 Requirements

• 4-year college degree with accounting course work • Functional Accounting knowledge • 3-5 years previous AR/Billing, Credit & management experience • Significant NetSuite experience • Experience using various vendor portals including Amazon Vendor Central • Experience working in invoicing and payments in a high-volume transactional manual business • Exceptional attention to detail with a pride for executional excellence • Ability to stay calm under pressure and manage high volumes of transactions daily • Ability to prioritize daily workloads based on task urgency • Excellent communication skills • Advanced Excel skills • Ability to meet monthly and quarterly deadlines • Ability to support external audit requests • Familiarity with foreign customers/currencies and billing/tax requirements

🏖️ Benefits

• Annual bonus eligibility • Flexible paid time off • 11 paid holidays • Flexible work schedules • Company contribution to Medical, Dental, and Vision Insurance for Employees and their Families • Company paid employee life insurance • Optional additional life insurance • Short and Long-Term Disability Coverage Options • Up to 18 weeks parental leave for birthing-parents • Up to 10 weeks parental leave for non-birthing new parents • Roth and 401k plans with 100% match up to the first 4%, immediately vested • Professional Development Reimbursement Program • Bond Builder DEI committee participation • Twenty (20) free products per year • Friends and family discount

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