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Accounts Payable / Receivables Manager

Company: Graco Oilfield Services
Location: Plano
Posted on: May 25, 2023

Job Description:


This position is responsible for monitoring the accuracy and completion of both the accounts receivable and accounts payable cycle. It is expected that the incumbent will provide first in class attention to detail and have a great attitude towards customer service. Will perform duties in compliance with established industry standards and according to company practices.

Oversee the company's receivable balances and cash collections.

Create, improve, train, and supervise standard processes regarding AR & AP

Maintain a daily log of cash receipts and disbursements.

Report and assist in the development of management reporting, including aging buckets and/or customer payment trends and open balances.

Initiate credit applications on new customers and monitor credit lines extended to existing customers.

Monitor lines of credit with company cards and fuel cards and ensure interim payments are remitted, if necessary,

Prepare AR and AP reports on request, update/add new customer profiles into the accounting system.

Interact with field personnel to research/resolve variances with purchase orders and noted coding discrepancies.

Assist in gathering accounting support and coordinating external bank and financial audits.

Adhere to policies and procedures (internal controls) to provide reasonable assurance that the company assets are protected.

Work inter-departmentally to develop and maintain a cash forecasting model to be updated weekly

Continually seek to improve accounting department processes.

Performs other duties within his/her capabilities as determined by management.


Bachelor's degree in accounting, Finance, or other Business-related degree

3 to 5 years of related work experience in an accounts receivable/payable function with at least 2 years in a supervisor capacity.

Must be willing to take an employment test to verify proficiency in data entry.

Ability to effectively prioritize, take action and complete various duties simultaneously

General ledger accounting systems experience required.

Effective interpersonal, communication and organizational skills

Detail oriented with strong attention to detail is required.

Microsoft office experience including Word, Excel, PowerPoint, Teams, Adobe, and Outlook

Keywords: Graco Oilfield Services, Plano , Accounts Payable / Receivables Manager, Executive , Plano, Texas

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