Accounts Receivable Lead, Beyond Yoga

JOB DESCRIPTION

Female founded and led, Beyond Yoga creates buttery soft activewear and beyond for every size, shape, moment, and movement from our own line of meticulously researched fabrics. Our obsession for softness and fabrics, and a relentless pursuit of quality and fit makes Beyond Yoga a fan favorite at every stage of life. We proudly celebrate diversity and welcome all ethnicities, cultural backgrounds, belief systems, and identities.  

We encourage our team to be active members of their local and global communities through opportunities like Social Good Day to participate in a cause of their choosing. Like us, the people we hire are passionate, honest, warm, enthusiastic, and fun!

In September 2021, we joined Levi Strauss & Co., one of the world’s largest brand-name apparel companies and a global leader in jeanswear. Beyond Yoga operates as a standalone brand with the benefit of LS&Co.’s global capabilities to help it achieve its goals of brand-building, store opening, category expansion and distribution.

Job Purpose:

• Support the business growth objectives through managing the entire AR process for the Beyond Yoga team.

• The focus of the role is to facilitate a reduction of the AR aged debt and to maximize the cash flow and revenue streams for Beyond Yoga.

• Establish close customer relationship with defined Accounts and act as escalation function to ensure a swift resolution of all AR related Wholesale issues

• KPI’s: Days Sales Outstanding (DSO Days) and Overdue (%)

• Maintain established controls and ensure established procedures (SOP’s - Standard Operation Procedures) are followed in close collaboration with Customer Service and the external provider (3rd party) to achieve agreed targets

Key Responsibilities and Accountabilities:

• Manage a team of (2) AR Specialists responsible for Beyond Yoga’s collections and Cash Applications processes

• Ensure collection activities are carried-out on time and within agreed service levels and aligned to agreed financial targets

• Ensure cash applications are applied timely by providing research and resolve of missing/unclear payment remittance advice, as necessary

• Produce quality analysis and action plans to minimize the AR positions and Credit blocked orders volume and escalate significant A/R related issues to OTC and Finance / Credit Management on time

• Actively support the bad debt and legal procedures. Review the Bad Debt proposal in liaison with the Credit Controller and provide qualitative input to the accruals, the major balances and changes vs. prior quarter

• Drive relevant EDI connections to facilitate timely collections and cash post to …