Accounts Receivable & Settlement Manager

Title: Accounts Receivable & Settlement Manager

Employee Status: Regular Full Time

Work From Home Option: Fully Remote (Incumbent must reside in New York, Connecticut, New Jersey, Pennsylvania, Indiana, Texas, or Kentucky)

FLSA Status: Exempt

Job Overview

The Accounts Receivable & Settlement Manager is responsible for management of all receivables and simulcast settlement activity to ensure timely and accurate reporting. In addition, monitoring and tracking of cash activity. Identify and implement process improvements and efficiencies in order to achieve excellence.

Essential Functions

• 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

Qualifications

Education Requirements: Bachelor’s degree in Accounting or at least ten years of receivables and/or racing experience. Qualifications: • Detail oriented and organized work habits; • Ability to work cooperatively and collaboratively with all levels of employees, management, external customers and vendors to maximize performance, creativity, problem solving and results; • Determination and willingness to see projects through to completion; • Comfortable with financial systems.

Summary of Physical Requirements and Work Environment

Same as above

Pay Range / Salary: $85,000 - $115,000

Bachelor's degree in Accounting or 10+ years receivables/racing experience; detail-oriented; collaborative; comfortable with financial systems.

Key Responsibilities

• managing receivables
• reconciling revenue
• leading efficiency projects

Skills & Tools

SAP

Job Details

• Category: Finance and Accounting
• Seniority: Mid Level
• Commitment: Full Time
• Workplace: Remote — New York or Connecticut or New Jersey or Pennsylvania or Indiana or Texas or Kentucky
• Salary: USD 85,000 – 115,000 / year
• Languages: English

About New York Racing Association

A racing association operating racetracks and related events. — Industry: Hospitality and Tourism