Job Information
Luminator Technology Group Senior Credit and Accounts Receivable Manager in Plano, Texas
Position Summary:
Luminator Technology Group (LTG) is seeking a Senior Credit and Accounts Receivable Manager to take charge of our AR operations and elevate our financial performance. In this role, you will oversee invoicing, collections, reconciliations, and reporting, ensuring all processes run smoothly and with precision. You will have the opportunity to drive impactful process improvements, manage high-value client relationships, and align the AR team’s performance with LTG’s strategic financial goals. We are looking for someone with a natural inclination for problem-solving, strong leadership skills, and a talent for clear communication to both internal teams and external partners.
Key Responsibilities:
Leadership & Team Management:
Lead and manage the Accounts Receivable (AR) team, fostering a collaborative and high-performance work environment.
Provide training, mentorship, and performance management to team members, encouraging professional growth and development.
Design and effectively communicate how the performance of the team is to be evaluated.
Ensure alignment with organizational values, policies, and compliance standards.
Accounts Receivable Operations:
Oversee the end-to-end accounts receivable process, including invoicing, collections, payment posting, credit management, and reconciliations.
Detect and analyze constraints and issues in the order-to-cash process and collaborate with other departments in the implementation of corrections and/or improvements to the process.
Ensure timely and accurate posting of payments, processing of adjustments, and resolution of discrepancies.
Monitor and manage the AR aging report to ensure timely collections and minimize overdue balances.
Process Improvement & Automation:
Identify and implement process improvements to streamline AR operations, reduce cycle time, and enhance accuracy.
Collaborate with IT and finance teams to leverage technology solutions for automation and improved efficiency.
Establish and document AR procedures and controls to enhance compliance and support internal/external audits.
Client & Stakeholder Management:
Serve as the primary point of contact for key clients and resolve escalated issues or disputes effectively.
Work closely with all appropriate departments to ensure client satisfaction and alignment on payment terms.
Build strong relationships with key stakeholders across LTG to facilitate smooth operations and information flow.
Credit Management & Risk Analysis:
Review and evaluate credit applications, establish credit limits, and assess the financial risk of clients.
Implement effective credit policies and procedures and monitor adherence to ensure compliance and risk mitigation.
Collaborate with finance leadership to develop strategies for minimizing credit risk and optimizing cash flow.
Reporting & Analysis:
Prepare and present AR reports, including key metrics such as DSO, aging analysis, collection effectiveness index, and cash flow forecasting.
Provide insights and recommendations based on AR data to support strategic decision-making.
Oversee and review the month-end AR reconciliation and Management Report.
Collaborate with finance teams on month-end and year-end close processes, ensuring accuracy and compliance.
Compliance & Controls:
Ensure all AR processes adhere to LTG’s policies, accounting standards, and regulatory requirements.
Support audits by preparing documentation, answering inquiries, and working closely with auditors.
Qualifications:
Bachelor’s degree in Accounting, Finance, or a related field.
7+ years of experience in accounts receivable management, credit, or collections, with at least 3 years in a leadership role.
Proven track record in process improvement and managing AR operations in a mid to large-scale organization.
Strong understanding of accounting principles and financial reporting.
Proficiency with ERP systems and accounting software, with advanced skills in Microsoft Excel, Outlook, Word, and PowerPoint.
Excellent communication (written and verbal) and negotiation skills, with the ability to resolve complex issues.
High attention to detail, analytical thinking, and a proactive approach to problem-solving.
Demonstrates a commitment to ethical practices and upholds confidentiality and compliance in all transactions.
Utilizes data-driven insights to drive process improvements and support business goals.
Travel Requirements for Remote Position:
This role is remote; however, during the first 90 days, the successful candidate will be expected to travel frequently, potentially weekly, to our headquarters in Plano, TX. This travel will support hands-on training, team integration, and comprehensive onboarding. After the initial period, travel will gradually decrease, shifting to an as-needed basis based on project requirements and team collaboration needs.
It is the policy of Luminator to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law. Luminator prohibits any such discrimination or harassment.
The above described responsibilities and requirements are a general guide for the role you are applying for and are not all inclusive of the job requirements.
Luminator Technology Group does not accept staffing agency candidates for our postings.
All positions posted are required to be in office unless otherwise posted.
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