Functional Responsibilities:
- Prepare monthly billing and revenue summaries.
- Process of AR invoices and credit notes
- Analyze customer arrangements and transactions to ensure correct revenue recognition.
- Post AR payments daily.
- Prepare month-end reconciliation of AR accounts.
- Monitor 30-60-90-day AR aging on a regular basis
- Monitor accounts over 30 days outstanding and reporting accordingly to appropriate business unit leaders.
- Contact past due accounts, not just to collect the money, but to investigate why and attempt to correct or reconcile the problem.
- Research past due accounts.
- Audit AR reports and bank statements for proper revenue recognition.
- Review payment agreements and service contracts to check payment terms
- Correct incorrect billings when required
- Adjust including posting debits and credits as needed
Self-Development Accountabilities & Responsibilities
- Define and set SMART objectives performance goals at the start of the performance year with the reporting manager and ensure that the goals are achieved during the year
- Take ownership of his/her learning agenda by identifying development needs in consultation with the reporting manager and bridge the gap through training and on-the-job learning
- Keep abreast of professional developments, new techniques and current issues through continued education and professional growth
