Principal Duties and Responsibilities:
- Manage and mentor the Accounts Receivable team, providing guidance, training, and performance feedback.
- Allocate workload and monitor team productivity to meet deadlines and KPIs.Oversee the invoicing process, ensuring accuracy and timely issuance of invoices.
- Monitor outstanding receivables and implement effective collection strategies.
- Review and approve credit limits and payment terms in line with company policy.
- Handle escalated customer queries and resolve disputes promptly.
- Ensure adherence to internal controls, accounting standards, and company policies.
- Prepare and review AR aging reports, reconcile accounts, and report variances.
- Support month-end and year-end closing activities related to receivables.
- Identify opportunities to streamline AR processes and enhance efficiency.
- Implement best practices for credit management and collections.
- Collaborate with Sales, Customer Service, and Finance teams to resolve issues.
- Provide regular updates to management on AR performance and cash flow status.
Key Accountabilities:
- Guide, and assist employees by direct reports to perform their functional operations efficiently.
- Supervise the team's staff to ensure that they are appropriately motivated and trained and carry out their responsibilities to the required standards.
- Evaluate employees performance with continuous feedback on their assigned targets.
- Comply with communication and information sharing/handling policy to ensure confidentiality of the information and comply with all relevant risk and information security procedures to ensure operating within the acceptable risk levels.
- Administer the development and implementation of the function's policies, procedures, and processes covering all areas of the function's activities to ensure the fulfillment of all work requirements.
- Follow all relevant policies, procedures, and processes in order for the work to be carried out in a controlled and consistent manner.
Job Requirements
Education:
Bachelor Degree in Finance, Accounting is required.
Experience:
4 + years of experience in Finance, Accounts Receivable, knowledge of AR processes, financial controls, and ERP system.4 + years of experience in Finance, Accounts Receivable, knowledge of AR processes, financial controls, and ERP system.
