[Remote] Accounts Receivable & Settlement Manager
Note: The job is a remote job and is open to candidates in USA. The New York Racing Association is hiring an Accounts Receivable & Settlement Manager to oversee receivables and simulcast settlement activity, ensuring timely and accurate reporting. The role also monitors cash activity and leads process improvements to increase efficiency.
Responsibilities
- Accountable for the performance and results of the A/R function, including simulcast settlements
- Maintain accounts receivable subledger for multiple companies in SAP
- Communicate with simulcast settlement agents to ensure accuracy of billing/payables
- Apply cash receipts in SAP
- Prepare monthly revenue (invoice billing) and A/R journal entries
- Reconcile simulcast revenue, calculate purse and other statutory expenses, and prepare applicable journal entries
- Conduct monthly bad debt review, propose allowance for doubtful accounts, and report delinquent accounts to department heads
- Prepare year-end audit documentation and work with external auditors
- Lead efficiency projects to streamline processes
Skills
- Bachelor's degree in Accounting or at least ten years of receivables and/or racing experience
- Prior experience in the equine industry or a strong understanding of horse racing terminology is required
- Strong attention to detail with excellent organizational skills
- Ability to work cooperatively and collaboratively with employees, management, external customers, and vendors at all levels to drive performance, creativity, problem-solving, and results
- Demonstrated ability to take initiative and see projects through to successful completion
- Comfortable working with financial systems and handling financial-related information
- Strong communication and interpersonal skills, with the ability to build and maintain effective working relationships
Benefits
- Fully remote (incumbent must reside in New York, Connecticut, New Jersey, Pennsylvania, Indiana, Texas, or Kentucky).
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