Job Summary:
The role involves managing accounts receivable processes to ensure efficient payment collection and issue resolution. Responsibilities include processing remittances, coordinating with insurance companies and debtors on invoicing and payment issues, and sending invoices and receipts. The position also entails following up on accounts receivable queries, maintaining accurate credit control records, and performing debt collection activities. Additional duties include monitoring aged debtors, unmatched payments, and liaising with external debt collection agencies. The role requires close collaboration with patients, insurance companies, and other stakeholders to resolve queries and ensure compliance with governance processes, along with other tasks as assigned by management.
Job Description:
Key Responsibilities:
- Obtaining and processing remittances from insurance companies and other debtors.
- Liaising with the Health code regarding invoice submission issues.
- Liaising with insurance companies and other debtors regarding invoicing and payment issues.
- Sending invoices and receipts to debtors.
- Following up on accounts receivable queries.
- Liaising with patients, insurance companies and other debtors to chase debt and resolve queries.
- Maintaining accounts receivable and credit control records and ensuring governance processes are followed.
- Performing all debt collection activities and monitoring aged debtors and debtor days and following up on all debt collection issues and queries.
- Liaising with external debt Collection Company, referring debt and following up on queries.
- Monitoring unmatched AR payments and investigating until matched or any issues corrected.
- Any other duties as reasonable requested by the management team
Job Requirements:
- Bachelor's degree in commerce – Accounting or Finance Major
- Fluent in English
- Advanced working knowledge of MS Office with a high level of proficiency in Excel
- Preferred: Working towards advanced qualification in finance e.g. CMA / CFA
- Preferred: 1+ years experience in Finance, preferably in accounts receivable.
- Able to accurately gather, interpret and analyse financial data
- Excellent organizational skills with demonstrated ability to effectively prioritize to meet strict deadlines
- Ability to learn quickly and use new technologies and tools
- Proven ability to negotiate with stakeholders at all levels
- Preferred: Demonstrable successful track record in debt collection.
Working Conditions:
Working Hours: 11:00AM to 7:00PM
Working Days: Monday to Friday ( Saturday & Sunday off )
Work Location: Elmerghany, Heliopolis
