Mgr Accounts Receivable

Posted 2 Days Ago
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Springfield, IL, USA
In-Office
67K-92K Annually
Mid level
Insurance
The Role
Lead and manage the Accounts Receivable function, driving operational standards and revenue recovery. Oversee bank deposits, remittance and payment uploads, lockbox/receivables processing, QA of transactions, and reconciliation. Ensure controls, audit readiness, data security, and collaboration with finance, IT, vendors, and business partners while supporting automation and process improvements.
Summary Generated by Built In

Job title: Manager, Accounts Receivable

Location: Springfield, IL 

Key Responsibilities:

  • Responsible for developing and driving the success of the Accounts Receivable Section.
  • Establish the overall general understanding of all lines of insurance, annuity/investment products and our partner products.
  • Responsible for developing and maintaining operations standards for revenue gain and maximizing corporate earnings potential.
  • Maintain close working relationships with business partners, F&P and IT personnel, and vendors.
  • Compiles with corporate security policy ensuring client confidential data is secured.
  • Comply with controls and accounting practices (support internal and external audits)
  • Responsible for the critical functions of the department:
    • Corporate bank deposits
    • Payment/contributions file uploads to the Remittance Processing and Line systems
    • Ensure that paper and electronic payments/contributions recorded to the line systems are in balance; out of balance conditions are communicated/resolved timely
    • Quality Assurance of Wholesale and Wholetail transactions
  • Support the development and maintenance of automated systems and manual processes within the department and corporate project work. 

Requirements

  • Four or more years progressive work experience with 2 years management experience in banking, accounting or financial services.
  • Proficient knowledge of financial processes, receivables/lockbox processing, controls and billing and collections.

Salary Range: $66,500.00 - $92,000.00 

  • Salary is commensurate to experience, location, etc.

Horace Mann was founded in 1945 by two Springfield, Illinois, teachers who saw a need for quality, affordable auto insurance for teachers. Since then, we’ve broadened our mission to helping all educators protect what they have today and prepare for a successful tomorrow.  And with our broadened mission has come corporate growth:  We serve more than 4,100 school districts nationwide, we’re publicly traded on the New York Stock Exchange (symbol: HMN) and we have more than $12 billion in assets.

We’re motivated by the fact that educators take care of our children’s future, and we believe they deserve someone to look after theirs.  We help educators identify their financial goals and develop plans to achieve them.  This includes insurance to protect what they have today and financial products to help them prepare for their future. Our tailored offerings include special rates and benefits for educators.

EOE/Minorities/Females/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status

For applicants that are California residents, please review our California Consumer Privacy Notice

All applicants should review our Horace Mann Privacy Policy

Skills Required

  • Four or more years progressive work experience with at least 2 years management experience in banking, accounting, or financial services.
  • Proficient knowledge of financial processes, receivables/lockbox processing, controls, billing and collections.
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The Company
HQ: Springfield, IL
1,189 Employees
Year Founded: 1945

What We Do

Horace Mann was founded in 1945 by two educators in Springfield, Ill., who believed teachers deserved affordable auto insurance. Originally called the Illinois Education Association Mutual Insurance Company, our name was changed to honor the father of the American public education system, Horace Mann. We are proud to share his name. At Horace Mann, the hard work, commitment and dedication of our employees are the foundation of our success. And today we are the largest, national multiline insurance company dedicated to serving America’s educators and their families. Our purpose is to provide lifelong financial well-being for educators and their families through personalized service, advice, and a full range of tailored insurance and financial products. Through our professional agents and their staff, we offer insurance and financial products to the educational community across the United States.

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