Job Description

Responsibilities:Manage customer accounts for timely payments and accurate records.Monitor accounts for overdue payments and initiate collection efforts.Reconcile accounts and resolve discrepancies.Arrange and attend customer visits for payment follow up.Maintain customer accounts in the accounting system.Process customer payments and apply them to the appropriate accounts.Prepare and submit monthly statements to customers.Respond to customer inquiries regarding their accounts.Generate and analyze reports to identify trends and potential issues.Evaluate new credit requests and conduct client credit checksSetting up the terms of credit for new customers and maintaining exisiting credit faciliites for customers, including documentationAssist with month-end closing activities.Develop and implement processes to improve accounts receivable operations.Interact with internal and external customers to resolve outstanding payment issues.Provide input on accounts receivable plans and process improvement, assisting in their implementation.Prepare ad hoc financial reports for upper management to evaluate accounts receivable performance.Analyze AR aging reports and implement strategies to minimize overdue accounts.Develop and maintain relationships with clients to address enquiries and resolve payment issues promptly.Prepare regular reports and presentations on AR performance for management review.Participate in cross-functional initiatives aimed at enhancing financial processes and controls.Stay abreast of industry trends and regulations related to accounts receivable management.Drive continuous improvement efforts within the AR function to optimize efficiency and effectiveness.Petty cash preparation and management including posting of receipts and expenses in the accounting systemRequired SkillsBachelor's degree in accounting, Finance, Business Administration, or related field.Advanced knowledge of accounting principles, particularly in AR and revenue recognition.Excellent communication and interpersonal skills.Strong analytical and problem-solving abilities.Certification in accounting (e.g., CPA, ACCA) may be preferred but not required5+ years of progressive experience in accounts receivable roles.Extensive track record of managing accounts receivable processes, including invoicing, collections, and reconciliations.Proficiency in utilizing accounting software and systems to streamline processes.Strong collaboration experience with cross-functional teams to optimize cash flow

Skills Required