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Accounts Receivable Manager

About Sara Lee Frozen Bakery:
Sara Lee Frozen Bakery became a stand- alone company in 2018 when it was purchased by Kohlberg and Company (private equity) from Tyson Foods. Our desserts have always stood for incredible flavor and superior value in the frozen food aisle and away from home markets. The Sara Lee Frozen Bakery collection of top brands includes Sara Lee®, Chef Pierre®, Van’s®, Bistro Collection®, Superior on Main® and Cyrus O’Leary’s®.

Sara Lee Frozen Bakery is proud to take these iconic brands into a new era and to continue the evolution that transformed one small Chicago bakery into an American institution. Using carefully sourced ingredients and time-honored recipes, the company is committed to making life’s moments a little sweeter, putting its customers first and discovering new ways to make everyone’s favorite foods even better.


Working for Sara Lee:

Our vision is to be the world’s most beloved bakery by creating irresistible foods, growing with our customers, and delivering value for all. We will achieve success through collaboration and innovation in an environment where employees feel empowered to execute with speed. We believe that each of us has unique points of difference and experience to offer. We believe that there is always a better way, and we will never be satisfied with status quo. If you have an entrepreneurial spirit, continually seek process improvements and a strong sense of customer service, then this is the right type of environment for you.


Summary

The Accounts Receivable Manager is responsible for accounts receivable and related functions, ensuring proper cutoff, revenue recognition, timely submission of invoices to our customers and timely collections. As the AR Manager, you will implement and centralize standards for accounts receivable and the credit and collections processes.

Essential Duties and Responsibilities

  • Perform new and existing customer financial risk reviews and risk mitigation activities within assigned authorization levels and recommend credit lines
  • Complete new and existing supplier counter-party financial risk reviews
  • Create and execute monthly AR cash forecasts
  • Manage customer invoice and deduction collection activities
  • Manage assigned orders and credit hold reports
  • Provide weekly/monthly operational and metrics reporting


The position responsibilities outlined above are not to be construed as all encompassing. Other duties and responsibilities may be required and/or assigned as necessary.

Knowledge and Skill Requirements

  • Bachelor’s degree required
  • 8-10+ years relevant Accounts Receivable experience
  • Ability to recommend new procedures and follow through with the implementation process required
  • Strong working knowledge of Excel
  • High degree of accuracy and confidentiality in processing all information
  • Must be a problem solver who consistently demonstrates initiative and strong attention to detail
  • Excellent written and communication skills; ability to communicate clearly to colleagues and leadership
  • Ability to manage multiple priorities as well as flexibility to adapt to change with new systems and methods while working in a team environment
  • NetSuite experience preferred


Compensation: $90,000-110,000


Sara Lee Frozen Bakery offers a competitive compensation and benefits package designed to support your whole-life well-being. Benefits include medical, dental, and vision coverage, tax-advantaged savings accounts (HSA/FSA), a 401(k) plan with company match, company-paid life and disability insurance, and access to wellness resources such as virtual healthcare and an employee assistance program. Employees are also provided a generous paid time-off program including company-paid holidays.
Compensation is based on factors such as experience, education, skills, and role scope, ensuring a fair and competitive salary aligned with market standards.


Sara Lee Frozen Bakery provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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