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Open nowPosted 3 hours ago

Accounts Receivable Manager

Bosch Group5,102 open roles

Pay
$135,000 – $150,000 a year
Where
Lincolnshire, IL, United States
Work mode
Hybrid
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Your applicationOpen nowAccounts Receivable ManagerBosch Group · Lincolnshire, IL, United States

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The clock on this job

Early applications get read.

13.8% of postings close within 7 days. Measured by our own scanner across the market. Bosch Group postings stay open a median of 26 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.7%3 days
  3. 13.8%7 days
  4. 22.3%14 days
  5. 37.8%30 days
  6. 59.0%60 days
This job: posted 3 hours ago

Bosch Group median: 26 days open

The posting

Company Description

HydraForce, a Bosch Rexroth company under the compact Hydralics offers one of the most comprehensive lines of high-quality hydraulic cartridge valves for the mobile and industrial equipment markets. We design and manufacture high performance valves that meet virtually any need encountered in machine design. HydraForce cartridge valves are designed to fit a wide range of industry-common valve cavities. Our employees enjoy a fast-paced and challenging work environment that provides them with daily opportunities to Power Forward their careers. For almost 35 years, HydraForce has been producing the most innovative electro-hydraulic control solutions for the mobile machinery and industrial equipment markets.

Bosch Rexroth is one of the world’s leading providers of drive and control technologies. Regardless of the motion task that customers face anywhere in the world, they will always find a Bosch Rexroth team with the local experience and the appropriate know-how from more than 30 industries and all drive and control technologies. Our associates take on their customers’ challenges with passion and persistence until the right solution is found. This is what makes Bosch Rexroth a strong, reliable partner for Mobile Applications, Machinery Applications and Engineering and Factory Automation. As the Drive & Control Company, we develop, produce, and distribute our components and system solutions in over 80 countries.

Job Description

The Accounts Receivable Manager oversees and leads the daily operations of the Accounts Receivable (A/R), credit risk management, and customer onboarding functions. In addition to ensuring seamless billing, cash application, and collections, this role champions departmental continuous improvement by incorporating modern data analytics, hands-on workflow automation, and digital productivity tools. The objective is to elevate operational accuracy, streamline intercompany and trade reconciliations, and optimize the end-to-end invoice-to-cash cycle.

Core Accounts Receivable Operations & Credit Management

  • Operational Leadership: Direct and oversee the daily activities of the Accounts Receivable team, ensuring timely and accurate customer billing, payment posting, and ledger reconciliation.
  • Customer Onboarding & Credit Assessment: Lead credit evaluation processes for new customers, including application reviews, credit risk scoring, trade reference verification, credit limit recommendations, and master data setup.
  • Continuous Credit Monitoring: Perform annual credit limit reviews and execute monthly exposure monitoring to proactively mitigate financial and credit risk.
  • Dispute Resolution & Collections: Monitor aging accounts, delayed payments, deduction balances, and transaction irregularities. Coordinate proactive follow-up on overdue accounts and drive timely resolution of disputed invoices.
  • Cross-Functional Collaboration: Partner actively with Sales, Logistics, Billing, and Customer Service teams to resolve underlying root causes of customer payment discrepancies and ensure clean order-to-cash handoffs.
  • Customer Relations: Build and maintain professional relationships with key customer accounts to facilitate prompt payments and resolve escalations efficiently.
  • Compliance & Internal Controls: Ensure strict adherence to internal financial controls (e.g., ICS), organizational accounting guidelines, and applicable statutory regulations.

Process Optimization & Digital Modernization

  • Hands-on Process Automation: Identify repetitive, rule-based administrative tasks across invoicing, billing exceptions, and cash matching. Design and deploy targeted workflow automations using approved enterprise automation platforms.
  • Advanced Reconciliations: Streamline and automate monthly intercompany Accounts Receivable and Accounts Payable reconciliation processes to accelerate closing cycles and eliminate balance variances.
  • Data-Driven Analytics & Reporting: Design, automate, and maintain dynamic reporting dashboards for aging analysis, cash collection forecasts, dispute trackers, and executive KPI summaries.
  • Digital Tool Integration: Drive the department to utilize approved digital assistants and modern productivity tools (such as generative AI models and custom GPT workflows) to accelerate routine communications, standardize dispute response templates, and enhance internal documentation.

Qualifications

Education & Professional Experience

  • Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a closely related field.
  • Experience: 7+ years of progressive finance and accounting experience, with demonstrated capability in accounts receivable operations, intercompany accounting, or internal controls. Experience within a manufacturing environment and complex enterprise structures is preferred.

Technical & Digital Competencies

  • ERP Proficiency: Solid hands-on experience with SAP (FI/SD modules); experience with SAP S/4HANA is highly advantageous.
  • Spreadsheet & Analytics: Advanced proficiency in Microsoft Excel (advanced modeling, complex functions, pivot reporting, power queries).
  • Automation & Workflow Tools: Practical experience building and implementing workflows with process automation and data preparation platforms (e.g., Automation Anywhere, Alteryx, Power Automate, or Catalytic).
  • Modern Productivity & AI Tools: Familiarity with approved corporate generative AI applications (e.g., Microsoft Copilot, ChatGPT/Custom GPTs) for data synthesis, drafting, and workflow acceleration.

Leadership & Interpersonal Skills

  • Communication: Outstanding verbal and written communication skills, with a proven record of collaborating across cross-functional departments and engaging external customer contacts.
  • Change Leadership: Strong ability to guide team members through process updates, digital tool adoption, and continuous improvement initiatives.
  • Analytical Problem-Solving: High attention to detail, structured analytical thinking, and the ability to turn complex operational data into actionable business improvements.

Additional Information

Salary range is $135,000 to $150,000 annually, plus bonus.

Indefinite U.S. work authorized individuals only. Future sponsorship for work authorization unavailable.

Equal Opportunity Employer, including disability / veterans

By submitting an application for employment with Bosch, you represent and warrant that: (a) the work product and materials you submit are your own and reflect your personal experience, skills and qualifications; and (b) you have not used artificial intelligence or automated tools to generate, alter, or enhance application materials or responses in a manner that misrepresents your identity, authorship, experience, capabilities or qualifications.

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