Accounts Receivable Manager Chicago Job at West Monroe Partners, LLC, Little Rock, AR

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  • West Monroe Partners, LLC
  • Little Rock, AR

Job Description

The Accounts Receivable (AR) Manager is responsible for overseeing and coordinating all aspects of the AR function at West Monroe. This position manages the collection of outstanding invoices, ensures compliance with financial procedures and relevant accounting standards, and supports consistent, timely revenue recognition while minimizing days’ sales outstanding (DSO). The AR Manager will lead centralized collections efforts, monitor AR aging, collaborate with project and client teams, and ensure policy adherence. In addition, the AR Manager will be integral to West Monroe’s centralization efforts regarding billing and engagement setup. Key Responsibilities Oversee the end-to-end AR cycle, including collections, review of AR aging and bad debt, as well as resolution of client payment issues. Manage the centralized AR/Collections team and serve as the main point of contact for escalated payment issues and client questions. Monitor AR aging and DSO; proactively follow up on invoices that are approaching or have surpassed client payment terms. Collaborate with Project Managers, Engagement Leads, and Account Directors to resolve outstanding receivables and provide support for client outreach and escalation efforts. Utilize Workday, Kimble/Kantata, and other reporting tools to monitor receivables, track collection activities, and maintain accurate records. Coordinate and process adjustments including write-offs, credits, and reversals as dictated by policy; ensure that such actions comply with West Monroe policies and accounting standards and are accurately reflected in financial statements. Serve as a subject matter expert for AR policy, process improvements, and system enhancements; propose changes to drive efficiency and mitigate risk. Escalate collection issues to Practice Leaders, Controller, Corporate Controller, or Legal as required; support potential payment demand letters and legal action when appropriate. Ensure compliance with revenue recognition procedures under ASC 606. Support internal and external audit processes related to AR. Respond to ad hoc requests from leadership, manage reporting for KPIs related to AR, and provide input on client credit evaluations and risk assessments. Required Skills & Experience Bachelor’s degree in Accounting, Finance, or a related field. Minimum of 5 years experience in AR management, including experience in collections, billing, and AR process oversight. Strong knowledge of US GAAP, with specific familiarity regarding revenue recognition (ASC 606). Demonstrated experience with collections escalations, client negotiation, and coordination across finance and delivery teams. Proficiency with AR management software (such as Workday or Kimble/Kantata) and intermediate Excel skills. Analytical mindset with the ability to interpret AR metrics and recommend process improvements. Excellent communication skills for collaborating with non-financial stakeholders and external clients. High degree of accuracy, attention to detail, and problem-solving ability in a deadline-driven environment. Preferred Qualifications Previous experience in professional services, consulting, or project-based environment. Familiarity with legal aspects of collections, including demand letters and litigation. Track record of managing change in AR processes, centralization of AR processes, or system implementations. Based on pay transparency guidelines, the salaryrange for this role can vary based on your proximity to one of our West Monroe offices (see table below). Information on our competitive total rewards package, including our bonus structure and benefits is here . Individual salaries are determined by evaluating a variety of factors including geography, experience, skills, education, and internal equity. Employees (and their families) are covered by medical, dental, vision, and basic life insurance. Employeesare able toenroll in our company’s 401k plan, purchase shares from our employee stock ownership program and be eligible to receive annual bonuses. Employees will also receive unlimited flexible time off and ten paid holidays throughout the calendar year. Eligibility for ten weeks of paid parental leave will also be available upon hire date. Seattle or Washington, D.C.

$132,300 - $155,600 USD

$126,500 - $148,800 USD

New York City or San Francisco

$120,800 - $142,100 USD

A location not listed above

$115,000 - $135,300 USD

Other consultancies talk at you. At West Monroe, we work with you. We’re a global business and technology consulting firm passionate about creating measurable value for our clients, delivering real-world solutions. The combination of business and technology is not new, but how we bring them together is unique. We’re fluent in both. We know that technology alone is not the answer, but how we apply it is. We rely on data to constantly adapt and solve new challenges. Actions that work today with outcomes that generate value for years to come. At West Monroe, we zero in on the heart of the opportunity, getting to results faster and preparing people for what’s next. You’ll feel the difference in how we work. We show up personally. We’re right there in the room with you, co-creating through the challenges. With West Monroe, collaboration isn’t a lofty promise, but a daily action. We work together with you to turn vision into clear action with lasting impact. West Monroe is an Equal Employment Opportunity Employer We believe in treating each employee and applicant for employment fairly and with dignity. We base our employment decisions on merit, experience, and potential, without regard to race, color, national origin, sex, sexual orientation, gender identity, marital status, age, religion, disability, veteran status, or any other characteristic prohibited by federal, state or local law. To learn more about diversity, equity and inclusion at West Monroe, visit . If you require a reasonable accommodation to participate in our recruiting process, please inquire by sending an email to recruiting@westmonroe.com . If you are based in California, we encourage you to read West Monroe’s Notice at Collection for California residents, provided pursuant to the California Consumer Privacy Act (CCPA) and linked here . Create a Job Alert Interested in building your career at West Monroe ? Get future opportunities sent straight to your email. Apply for this job * indicates a required field First Name * Last Name * Email * Phone * Location (City) Resume/CV * Enter manually Accepted file types: pdf, doc, docx, txt, rtf Enter manually Accepted file types: pdf, doc, docx, txt, rtf Education School Select... Degree Select... Select... Address Line 1: * Address Line 2: City: * State: * Select... Postal Code: * What is your legal first name? * What is your legal last name? * Are you legally authorized to work in the US now and in the future for any employer without visa sponsorship? * Select... Are you currently in one of these sponsored statuses: O-1, TN, H1B1, H1B, E3? * Select... Are you currently in student (F-1) or Trainee (J1) status and/or have work authorization under CPT, OPT or STEM OPT? * Select... Are you related to a West Monroe employee? * Select... Are you currently subject to a non-compete, non-solicitation, employment agreement or any other obligation with another employer that could affect your ability to perform the job for which you are applying? * Select... How did you hear about West Monroe? * Select... If you selected 'Other' from above, please specify. Please indicate any special circumstances we should be aware of regarding your officepreferences or more details on your geographic flexibility (optional). Are you willing to relocate? * Select... We would like to contact you via SMS or WhatsApp to provide updates on your application status. Please select yes if you agree. If you select no, we will contact you via the email address you provided. * Select... Have you previously worked at West Monroe? * Select... Please review our current policy regarding use of generative artificial intelligence during the application process. * Select... Candidate Demographics/Self-Identification Questions At West Monroe, we are committed to promoting equality and encourage all our employees to bring their full selves to work – it’s a critical step towards fulfillment and belonging. In an effort to better understand our employees, help support them meaningfully, and comply with EEOC reporting requirements, we encourage all employees to take a few minutes to self-identify. Your participation is 100% voluntary, but we encourage you to participate in support of our I&D programs. Note: Individual demographic information will be accessible only to employees who require access to perform their job. All employees with access to individual demographic data will be instructed to maintain the confidentiality of the data. Any information that you choose to provide will not be considered by West Monroe for employment purposes and will be treated as personal and confidential. Aggregated data that does not identify individual demographic information may be reported internally or externally as part of our I&D program. With which gender identity do you identify? * Select... Please select your ethnicity. * Select... Which racial categories best describe you? Select all that apply. * Select... Please indicate whether you are a veteran. * Select... #J-18808-Ljbffr West Monroe Partners, LLC

Job Tags

Traineeship, Local area, Immediate start, Relocation, Visa sponsorship, H1b, Flexible hours,

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