Accounts Receivable Manager (Europe)
About ZURU
ZURU is on a mission to disrupt industries, challenge the status quo, and catalyze change through radical innovation and advances in automation. This is in play in different pillars of the company: ZURU Toys are re-imagining what it means to play; ZURU Tech is shaping a better future by leading the next building revolution; and ZURU Edge is pioneering new-generation FMCG brands to better serve modern consumers.
Founded in 2003 by EY Entrepreneur of the Year and World Entrepreneur Hall of Fame brothers Nick and Mat Mowbray, ZURU has quickly grown to a team of over 5,000 direct and indirect members across more than 30 international locations.
One of the largest toy companies in the world, our globally recognized and award-winning brands include Bunch O Balloons, Mini Brands, XSHOT, Rainbocorns, and Smashers. Our global FMCG brands include MONDAY Haircare, Millie Moon, RASCALS, BONKERS Pet Treats, DAISE Beauty, and GUMI YUM Surprise and more!
Role Overview
We are seeking a highly professional and collaborative European AR Manager, who will be responsible for leading and overseeing the Accounts Receivable function within the European Shared Service Center (SSC), mainly for France and Germany. This person should be hands-on, ensure timely and accurate billing, collections, cash application, dispute management, and credit control across multiple European entities. Driving process standardization, compliance with internal controls and local regulations, and continuous improvement initiatives to optimize cash flow and reduce overdue ratio or DSO.
Key Responsibilities
Lead the team complete Accounts Receivable Monthly and Yearly Accounting Books
-Oversee end-to-end AR processes including billing, collections, dispute resolution,
and credit management. Make sure accounting books are accurate and on a timely basis
- Ensure all transactions comply with company policies and accounting standards
- Analyze and resolve issues during the closing process
Customer Reconciliations
- Reconcile accounts with customers to ensure accuracy of receivables
- Handle customer inquiries and disputes, maintaining good customer relationships
- Cooperate with M&O, and Sales team to reduce aged overdue AR balances
Reporting, Analysis and KPIs
- Prepare and present AR performance monthly reports, keep continuous improvement (Aging, DSO, Collection effectiveness index, Overdue trends).
- Analyze accounts receivable data and provide financial advice and improvement measures.
- Support and provide reports to Sales and Business team.
Process Optimization
- Drive standardization and harmonization of AR processes across European entities.
- Lead automation initiatives and ERP/system enhancements.
- Implement best practices to improve efficiency and reduce manual work.
- Drive and implement improvement of current systems or tools, initiate automation project for AR related functions to enhance overall team efficiency.
Cross Function Collaboration
- Work closely with M&O, Sales, Commercial or Chinese team to ensure smooth processing of accounts receivable.
Prepare EU reconciliations with local agent
- Work with local agent for monthly, yearly accounting books’ reconciliations compare SAP books (IFRS) and local agent books (local GAP).
Audit related work
-Provide necessary support to the tax team for tax audits.
-Support the audit team in auditing the accounts receivable modules.
Skills & Experience
Key Competencies
- Strong leadership and team management skills
- Analytical and problem-solving abilities
- Process improvement mindset
- Excellent communication and cross function working skills
- Results-driven with strong attention to detail, hands-on
- Ability to work in a fast-paced, multicultural environment
At ZURU, we have cultivated a high-performing culture that encourages excellence. Our team works towards ambitious goals, learning, performing, and improving together, all while having fun. We empower talented individuals to do their best work every day.
At ZURU, you get out what you put in. You are responsible for driving your own career and we provide the platform to achieve it. As ZURU is on such a fast growth trajectory, there are opportunities here that you won’t find anywhere else.
We recognise that ZURU’s success stems from our people and you can only be at your best when you are looking after yourself. ZURU encourages all our team members to invest in their wellbeing by providing an array of benefits and tools.
ZURU – Tomorrow Reimagined
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