Accounts Receivable Manager (Remote Role)

The Accounts Receivable Manager at OLAPLEX will manage the day-to-day high-volume AR operations, ensuring timely invoicing and cash applications, and overseeing customer inquiries related to billing. They will also develop standard operating procedures and work closely with various departments to resolve any AR issues.

To qualify for the Accounts Receivable Manager position at OLAPLEX, candidates should possess a 4-year degree with accounting coursework, 3-5 years of previous AR management experience, and significant experience with NetSuite and various vendor portals. Exceptional attention to detail and communication skills are also essential.

The compensation for the Accounts Receivable Manager at OLAPLEX ranges from $110,000 to $135,000 annually, along with eligibility for an annual bonus, based on various factors such as experience and qualifications.

Yes, OLAPLEX values professional growth and offers a reimbursement program for career development. They encourage their Accounts Receivable Managers to enhance their skills and grow within the company.

OLAPLEX provides a great work-life balance for their Accounts Receivable Managers, offering flexible paid time off, 11 paid holidays, and flexible work schedules to help manage both personal and professional commitments.

In preparing for this question, focus on outlining your methodical approach to invoicing, including maintaining detailed records, implementing automated systems, and regularly communicating with team members to ensure all processes are running smoothly.

To answer this, emphasize your organizational skills and the use of technology to streamline processes. Discuss prioritizing tasks, managing deadlines, and implementing checks to prevent errors during high transaction volumes.

When addressing this question, highlight specific examples of how you've successfully navigated vendor portals, including any challenges you've faced and how you resolved them, demonstrating your thorough understanding of the processes involved.

Discuss the challenges you anticipate, such as handling disputes or high volumes of overdue payments, and articulate your strategies for turning these challenges into opportunities through collaboration and proactive communication.

Emphasize the importance of team dynamics, sharing how you foster a positive culture through encouragement, regular feedback, and opportunities for professional growth. Illustrate how you align the team's goals with the company's mission.

To effectively answer, mention key performance indicators (KPIs) such as days sales outstanding (DSO), collection effectiveness index, and invoice accuracy rates, explaining how each metric impacts the overall financial health of the organization.

Here, share your systematic approach to identifying discrepancies, including gathering data and collaborating with various teams to investigate and resolve issues promptly while maintaining clear documentation.

Discuss your familiarity with software applications, particularly NetSuite, as well as any others that you've utilized, including how they support the AR process and your ability to adapt to new tools quickly.

Articulate your understanding of regulatory requirements and the importance of adherence to company policies, detailing how you educate your team to stay compliant and perform internal audits to identify any risks.

Take the time to express your knowledge of OLAPLEX, especially their commitment to innovation in the beauty industry, their focus on effective products, and their dedication to diversity and inclusion within the workplace.