SUMMARY:

People Architects has partnered with Morrison Products a 100-year-old Cleveland based family-owned manufacturer of commercial air flow products to hire a Shared Services Manager.

The Shared Services Manager is responsible for management of the Accounts Payable and

Accounts Receivable areas of the Finance Department. This role ensures that our processes and

procedures are in-line with generally accepted accounting principles and follow company

standard procedures. This role oversees all payment and collection functions for MPI and Lau

brands. This position reports to the Assistant Controller.

PRIMARY RESPONSIBILITIES:

Accounts Payable:

Manage the Accounts Payable team to ensure suppliers are paid within terms

to receive maximum discounts available.

Work with supply chain at the corporate and plant levels to ensure three-way match of purchase order, receipt, and invoice.

Proactively review items on the unvouchered receipt report and work with supply chain and external suppliers to complete payment and/or resolve receipt disputes. Complete monthly reconciliation of A/P GL accounts to unvouchered receipt reports. Complete journal entries as needed. Oversee four

monthly check runs for the MPI and Lau brands along with employee travel and expense report

audit and reimbursement process. Manage request for on-demand checks for items such as pay

advances, vacation buyouts, etc.

Work with the Financial Systems Manager to identify areas of process improvement. Review receipts near year-end for cut off reporting and accrue for items to ensure our balance sheet is properly stated for the annual audit of financial statements.

Accounts Receivable: Manage the Accounts Receivable team to ensure customers are paying

within account terms. Verify that customer invoices have been distributed daily either manually

or via automated email system, working with IT to troubleshoot any discrepancy.

Assist the team in collection efforts on delinquent accounts, working with Sales and Customer Service as

needed. Manage customer information, including credit limits and terms. Oversee the workflow

of cash application between Billtrust and ERP system along with the reconciliation of lockbox

and electronic payment amounts between bank and ERP system daily.

Complete monthly reconciliation of A/R GL accounts to customer aging reports. Complete journal entries as needed. Report monthly days sales outstanding and work to keep DSO in line with

management expectations.

Review and release manual invoices that go through the pending invoice maintenance process for price adjustments, customer debit and credit memos, and consignment inventory. Oversee reconciliation of consignment sales on a weekly and monthly basis.

Record accrual journal entries for timing issues related to price adjustments. Work with

Customer Service to book commission entries monthly and quarterly. Streamline monthly

Accounts Receivable reporting between the MPI and Lau brands.

Other Responsibilities:

Manage/and support special projects including major and minor software implementations and general process changes as to their impact to the Finance Department.

Provide analysis and support to the Assistant Controller, as requested.

Prepare documentation and audit support for the annual audit of financial statements.

SUPERVISORY RESPONSIBILITY:

Supervise the Corporate Shared Services groups consisting of Accounts Payable and Accounts

Receivable professionals. Provide goals for employees to work towards, and a structure with

which to hold them accountable. Evaluate and formally review employees at least annually.

Make recommendations for merit increases when warranted.

TRAVEL:

Occasional overnight travel is required.

CONFIDENTIALITY:

This position works with critical and confidential aspects of the accounting function including

company financial statements, product pricing, cost data, banking information, and requires

knowledge of some unique internal processes.

EXPERIENCE REQUIRED:

3 plus years of related accounting experience within a manufacturing company, including prior

supervisory experience, with demonstrated strong communication, computer and technical

accounting skills. Experience with QAD a plus.

EDUCATION REQUIRED:

Bachelor’s degree in Accounting or a related discipline.

Job Type: Full-time

Pay: $80,000.00 - $100,000.00 per year

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