[Hiring] Accounts Receivable & Settlement Manager @New York Racing Association

Role Description

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.

• 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

• 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.

Requirements

• Bachelor’s degree in Accounting or at least ten years of receivables and/or racing experience.

Benefits

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

Company Description