Finance Associate

1. Collection Management :

Follow up with clients on outstanding invoices and overdue payments to ensure timely collection.

Maintain an updated record of accounts receivable and aging reports.

Coordinate with legal and sales teams for escalated collection cases.

Develop and implement collection strategies to improve cash flow.

Reconcile payments received with invoicing records.

Address and resolve customer disputes related to invoices and payments.

Prepare monthly collection reports and provide updates to management.

2. Budget Tracking & Support :

Monitoring of actual expenses vs. budget allocations.

Prepare basic financial reports for management to track expenditures and revenue.

Support budget forecasting and financial planning activities.

3. Cash Flow Monitoring :

Track inflows and outflows of funds.

Prepare cash position reports and support fund disbursement scheduling.

Work with the accounts payable to schedule vendor payments in line with available cash resources.

Bachelor's degree in Accounting, Finance, or a related field.

Proven experience in accounts receivable, collections, or a similar role.

Strong understanding of accounting principles and practices.

Experience with budget tracking and financial reporting.

Proficiency in using accounting software and MS Office Suite (especially Excel).

Excellent communication and interpersonal skills.

Strong analytical and problem-solving abilities.

Ability to work independently and as part of a team.

Detail-oriented and organized.

Ability to prioritize tasks and meet deadlines.

Knowledge of relevant legal and regulatory requirements related to collections (a plus).