Main Duties
Manage Accounts Receivable
- Monitor and maintain accurate and up-to-date accounts receivable records.
- Prepare and send customer invoices and statements on time.
- Follow up on outstanding payments and resolve discrepancies or issues.
- Reconcile customer accounts and resolve any billing disputes or discrepancies.
- Prepare aging reports and analyze delinquent accounts.
Cash Application and Reconciliation
Post and allocate payments received from customers to their respective accounts.Perform regular bank reconciliations to ensure accurate cash application.Investigate and resolve any discrepancies between payments received and outstanding invoices.Collections
Communicate with customers via phone, email, or written correspondence regarding overdue payments.Maintain a professional and customer-focused approach while resolving outstanding balances.Negotiate payment plans and terms, if necessary, while adhering to company policies and procedures.Provide regular updates to management on collection efforts and escalate unresolved issues appropriately.Reporting and Analysis
Prepare periodic reports on accounts receivable activities, including aging reports, collection efforts, and cash flow projections.Analyze accounts receivable data to identify trends, patterns, and areas for improvement.Collaborate with the finance team to assist in month-end closing activities and provide accurate financial data for reporting purposes.Qualifications
Bachelor's degree in Accounting, Finance, or a related field.At least 1 year of relevant experience in accounts receivable or a similar finance role.Strong knowledge of accounts receivable principles, practices, and procedures.Proficiency in using accounting software and the MS Office suite, particularly Excel.Excellent analytical and problem-solving skills with attention to detail.Exceptional communication and interpersonal skills to effectively interact with customers and internal teams.Ability to manage multiple priorities and meet deadlines in a fast-paced environment.Strong organizational and time management skills.Familiarity with relevant accounting regulations and standards.Experience with ERP systems is a plus.