Accounts Receivable Manager

About Exegy

Exegy is a global leader in intelligent market data, advanced trading systems, and future-proof technology. Exegy serves as a trusted partner to the complete ecosystem of the buy-side, sell-side, exchanges, and financial services technology firms around the globe. Headquartered in St. Louis with regional offices in North America, the UK/Europe and Asia Pacific, Exegy has the global footprint to deliver world-class support and managed services to its customer base of elite financial market participants.

Job Summary

Exegy is seeking an Accounts Receivable Manager to lead our billing and collections function. Reporting to the Accounting Manager, this role is responsible for end-to-end ownership of the accounts receivable lifecycle, including invoice accuracy, collections strategy, cash application, and A/R reporting.

You will directly manage the Billing & Collections Specialist and serve as the primary point of accountability for cash flow optimization, aging reduction, and process improvement across the quote-to-cash cycle. This role partners closely with Rev Ops, Client Success, and FP&A to ensure timely billing, strong client relationships, and accurate financial reporting.

Responsibilities

• A/R Ownership & Operations
• Own the full accounts receivable lifecycle, including billing oversight, invoicing accuracy, collections, cash application, and aging management
• Ensure invoices are generated accurately and on time in alignment with client contracts and pricing structures
• Monitor and actively manage A/R aging, driving reduction in past due balances and improving DSO
• Establish and enforce collections strategies, including escalation paths for high-risk or delinquent accounts
• Oversee credit management, write-offs, and dispute resolution in line with company policy
• Team Leadership
• Manage and develop the Billing & Collections Specialist, setting priorities, tracking performance, and ensuring quality execution
• Provide day-to-day guidance on billing workflows, collections outreach, and issue resolution
• Create accountability around billing timelines, follow-ups, and client communication standards
• Cross-Functional Partnership
• Partner with Rev Ops, Client Success, and Onboarding to ensure accurate billing setup and smooth client transitions
• Collaborate with FP&A and Accounting to reconcile A/R, investigate variances, and support forecasting
• Act as the key liaison between Finance and client-facing teams on billing and payment issues
• Process Improvement & Controls
• Identify and implement improvements across billing, collections, and A/R reporting processes
• Strengthen internal controls related to invoicing, collections, and cash handling
• Drive automation and efficiency within systems (NetSuite, Salesforce, etc.)
• Reporting & Close Support
• Prepare and analyze A/R reporting, including aging reports, collections metrics, and cash flow insights
• Support month-end close by reconciling A/R balances and investigating variances
• Assist with audits by providing documentation and supporting schedules
• Our Ideal Candidate Has: Bachelor’s degree in Accounting, Finance, or related field
• 5–8+ years of experience in accounts receivable, billing, or order-to-cash functions
• Prior experience managing or mentoring team members preferred
• Strong understanding of billing operations, collections strategies, and A/R reporting
• Experience in a SaaS or recurring revenue environment strongly preferred
• Proficiency in Excel and systems such as NetSuite and Salesforce
• Strong communication skills with the ability to manage client conversations around billing and collections
• Process-oriented with a focus on driving efficiency and accountability