Job Summary
The Accounts Receivable Accountant is responsible for managing customer accounts, processing invoices and receipts, maintaining accurate receivable records, and supporting timely collections. The role ensures proper recording of financial transactions and assists with reconciliations and reporting activities.
Key Responsibilities
- Prepare and post customer invoices, receipts, credit notes, and debit notes.
- Record and allocate customer payments accurately in the accounting system.
- Maintain customer account balances and perform regular reconciliations.
- Follow up on outstanding receivables and support collection activities.
- Investigate and resolve billing discrepancies and payment issues.
- Prepare accounts receivable ageing reports and collection status reports.
- Perform accounts receivable ledger reconciliations with the general ledger.
- Assist in month-end and year-end closing activities.
- Process customer account adjustments and ensure proper approvals are obtained.
- Maintain accurate documentation and records for all accounts receivable transactions.
- Coordinate with sales, operations, and finance teams to resolve customer-related issues.
- Ensure compliance with company accounting policies, procedures, and internal controls.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- 2–5 years of experience in Accounts Receivable or a similar accounting role.
- Sound knowledge of accounting principles and accounts receivable processes.
- Experience using ERP or accounting systems such as SAP, Oracle, Microsoft Dynamics, Tally, or similar platforms.
- Proficient in Microsoft Excel and other Microsoft Office applications.
Required Skills
- Strong attention to detail and accuracy.
- Good analytical and problem-solving skills.
- Ability to manage deadlines and prioritise tasks effectively.
- Strong communication and customer service skills.
- Ability to work independently and collaboratively within a finance team.
- Good organisational and time management skills.
Key Performance Indicators (KPIs)
- Accuracy and timeliness of accounts receivable postings.
- Reduction in overdue receivables and aged debt balances.
- Timely completion of customer account reconciliations.
- Low rate of posting errors and billing discrepancies.
- Timely completion of monthly accounts receivable reporting.
- Improvement in collection efficiency and cash flow performance.
