Accounts Receivable & Settlement Manager

New York Racing Association

Contract type

Ongoing

Work mode

Remote

Experience

3 years

Job description

The Accounts Receivable & Settlement Manager manages all receivables and simulcast settlement activity to ensure timely and accurate reporting, monitors and tracks cash activity, and identifies and implements process improvements.

At a glance

Employment: Full-time · Employee (employment agreement)
Work mode: Remote
Pay: USD 85,000 – 115,000 / year

What you'll do

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

What we're looking for

Prior experience in the equine industry or a strong understanding of horse racing terminology is required
Bachelor's degree in Accounting or at least ten years of receivables and/or racing experience
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

Your team

Accounts Receivable

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