Director of Accounts Receivable

Director of Accounts Receivable

We are seeking a strategic and results-driven Director of Accounts Receivable to lead our AR function, with a strong focus on collections and payment application. This role is critical to ensuring the firm maintains healthy cash flow and minimizes aged receivables. The ideal candidate will be a confident communicator, capable of navigating complex conversations with partners, and will bring deep expertise in AR processes within a professional services environment.

Essential Functions :

• Lead and manage a team of collections and payment application professionals, fostering a culture of accountability, collaboration, and continuous improvement.
• Oversee all aspects of collections and payment application, ensuring timely and accurate processing.
• Develop and implement strategies to reduce DSO (days sales outstanding) and improve collection rates.
• Serve as a key liaison between the AR team and firm partners, handling sensitive and challenging conversations with professionalism and tact.
• Monitor AR metrics (DSO, aging, collections performance reports) to enhance reporting, automation, and systems.
• Escalate clients identified as potential bad debt or risk to management in a timely manner to enable proactive action or decision on whether to financially close the matters.
• Monitor unallocated funds to ensure timely research, allocation or refund of client payments.
• Ensure compliance with firm policies and industry regulations, including internal controls, segregation of duties, and timely response to requests for client audits.
• Utilize ARCS to manage workflows, reporting, and performance metrics.
• Collaborate with other finance directors and across teams to align AR strategies with broader revenue goals.
• Provide regular reporting and insights to senior leadership on AR performance and trends.
• Drive process improvements and automation initiatives to enhance efficiency and accuracy.
• Ensure that all processes are thoroughly documented to support training and knowledge transfer.
• Establish monthly collections targets for the collections team and other metrics that track productivity and accuracy for cash application.
• Work with human resources staff to recruit, interview, select, hire, and employ employees. Manage department staff which includes performance management, interviewing / selection of new staff, developing and coaching always encouraging growth and motivating a positive environment.
• Stay abreast of technological advancements in the accounts receivables space and leverage AI to boost productivity, wherever applicable.

Additional Functions :

Qualifications (Experience, Knowledge, Skills, and Abilities) :

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Experience :

Knowledge, Skills, & Abilities :

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Visual Acuity :

Disclaimer :

Fox Rothschild LLP is under no obligation to provide sponsorship for this position. Applicants must be currently authorized to work in the United States on a full-time basis now and in the future.

The above is intended to describe the general content of and requirements for the performance of this job. It is not a contract or employment agreement and is not to be construed as an exhaustive statement of all functions, responsibilities, or requirements the employee may be required to perform, and the employee may be required to perform additional duties. Additionally, management reserves the right to review and revise the job description at any time. Employment with the firm is at-will. Employees must be able to satisfactorily perform all of the essential functions of the position with or without a reasonable accommodation. If an accommodation request would cause an undue hardship or a safety concern, the individual may not be eligible for the position.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities