Accounts Receivable Manager

Laundrylux is the North American supplier of Electrolux & Wascomat commercial laundry equipment for self-service Laundromats and On-Premises Laundries such as hotels, hospitals, nursing homes, salons, firehouses, vets, and more.

Let our family’s history shape your future success.

What began with an accident at sea and one man’s dream for the future, has transformed into a business reality. Laundrylux wishes to share that success with families and businesses, helping investors and business owners maximize their returns on their laundry system investments.

We have dedicated employees who have worked for us for years and years and are still committed to providing the best possible products and services.

It’s because we all believe in what we do and in the products we sell. Neal Milch, Chairman

Join Laundrylux

Accounts Receivable Manager

What we are looking for :

This position works to ensure the timely collection and turnover of accounts receivable asset, with focus on solving and eliminating problems that slow down the customer’s accounts payable process.

Provide customer focused service in establishing and maintaining accounts.

Before we continue to dive into the requirements for the role let’s talk about Why you should join Laundrylux?

Career Advancement : We offer a career, not just a job. We invest in the personal and professional growth of every employee because we believe growth leads to both business impact and personal fulfillment.

Learning and Development : We foster a culture that encourages and promotes professional growth and development, with continuous learning

Diversity Initiatives : We are proud to have launched the Women’s Initiative focused on building a better workplace for women, providing support, and recognizing the talented women within our company.

Laundrylux Benefits : We offer a comprehensive benefits including

• Health benefits package including medical, dental & vision plans
• Life Insurance
• 401(k) with company matching
• Paid Time Off
• Paid Holidays
• Profit Sharing
• Employee Referral Program
• Mentorship Program
• Company Sponsored Training

Back to the role : What you will do :

What you will do :

Manage order review-Review new orders on hold based on account balance, past due status, and payment history and criteria established to minimize and release eligible orders.

Work with Controller / VP of Finance to decide orders in the gray area to release based on history, commitments, and established guidelines.

Contact customers for payment of past due invoices to formulate plans to eliminate / minimize past due account status. Ensure month-end customer statements are sent out timely.

Provide back-up support to customers, as required.

• Communicate directly with customers about collections, payment arrangements, solving credit related issues, general information, requests etc.
• Evaluate prospective accounts based on established criteria and make recommendations regarding the establishment if any new accounts, line payment terms and conditions.
• Communicate effectively with people at all levels within and outside the organization, both in written and verbal form.
• Collaborate with Accounting team to bill / invoice customers in a timely manner.
• Daily processing of cash receipts, cash application.
• Compile, verify and process credit memos & debit memos, including price adjustments & freight, rebates, other adjustments etc.
• Prepare and present reports on accounts receivable performance, including aging reports, and analysis of collection trends and provide recommendations so the Executive team can make decisions and strategically plan.
• Assist in evaluating resale certificates for tax compliance
• Provide support as necessary to the Controller and other members of the Accounting Team, assist with special projects as needed.

What you should have :

• Degree in finance, accounting or related field or equivalent experience.
• Prior experience in Credit and Collections.
• Self-starter, goal oriented and able to solve problems innovatively
• Able to assess and recommend the appropriate action
• Team player with a good attitude
• Time management skills
• Proficient in Microsoft Word and Excel
• Experience with Epicor or another ERP systems a plus

Salary Range :

$75,000- 90,000 annually depending on experience

Our Values :

People, Share Responsibility, Integrity, Excellence, Customer Focused, Meaningfulness and Fun

If you are looking for your next challenge, then this is your chance to join our team of exceptionally talented, creative and innovative professionals. We want you!

We are an equal opportunity employer and we are committed to providing reasonable accommodations to individuals with disabilities in all aspects of the employment process.

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

Our company participates in E-Verify.