A/R Supervisor

Finance Full-Time Denver, Colorado ReqID:4755


Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). Envestnet is a leading independent provider of technology‐enabled investment and practice management solutions to financial advisors who are independent, as well as those who are associated with small or mid‐sized financial advisory firms and larger financial institutions. Envestnet's technology is focused on addressing financial advisors' front, middle, and back‐office needs. Envestnet is headquartered in Chicago.


Envestnet Wealth is seeking a talented and passionate A/R Supervisor to join the Finance team.

If you love the idea of working in a Fintech company with the environment and excitement of a start-up where you are making everyday impact - then read on.



Job Responsibilities:


  • Review and Posting of invoice batches prepared by the billing and AR teams.
  • Review and Posting of cash batches accurately and timely.
  • Perform allowance for bad debt calculations and analysis (CECL).
  • Perform balance sheet fluctuation analysis for all AR related accounts.
  • Facilitate collections communications and follow ups to customers.
  • Communicate effectively with clients and internal customers.
  • Run AR aging reports to optimize collections and guide team to reduce AR aging.
  • Research and resolve account discrepancies.
  • Review accounts for credit balances (misapplied cash and credit memos) and resolve by conducting thorough research and processing through to appropriate resolution.
  • Reviews monthly revenue journal entries prepared by various teams.
  • Prepare and approve account reconciliations and analysis of accounts.
  • Assists with audit requests.
  • Understand and readily support Envestnet's established corporate business practices, policies, internal controls, and procedures designed to create value or minimize risk.
  • Assist with ad hoc requests from external and internal customers.
  • Mentor staff and provide performance reviews.
  • Develop processes to improve productivity and quality of the team.


Must Have:

  • Bachelor’s degree required, Accounting or Finance preferred.
  • 5+ years AR experience.
  • Excellent verbal and written communication skills.
  • Extremely high level of attention to detail.
  • Proficient with Excel.
  • Ability to multi-task, prioritize and work efficiently.
  • Ability to listen, communicate (written and verbal), excellent grammar, spelling and proof-reading skills and follow-up effectively with all staffing levels and clients/customers.
  • Ability to demonstrate good common sense and sound judgment.
  • Experience with large Financial ERP (SAP, Oracle, etc.).
  • Flexibility to adapt to all situations and work varied hours; possibly work weekends or evenings.
  • Ability to perform at high levels in a fast-paced ever-changing work environment.
  • Strong leadership and mentoring skills.
  • Strong problem-solving abilities.
  • Target oriented and AR resolution mind set.

Why Choose Envestnet:

  • Be a member of a leading financial services and products innovation company
  • Competitive Compensation/Total Reward Packages that include:
    • Health Benefits (Health/Dental/Vision)
    • Paid Time Off (PTO) & Volunteer Time Off (VTO)
    • 401K – Company Match
    • Annual Bonus Incentive
    • Tuition Reimbursement
    • Student Debt Program
  • Working on global projects with team members all over the world!
  • Opportunity to work with top tiered clients, global 500 companies and startups
  • Work with diverse, energetic, team members who respect each other and celebrate differences
  • The best work location with unlimited snacks!


Envestnet is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.