Accounts Receivable Executive 17D25

An Accounts Receivable Executive plays a pivotal role in ensuring that a company manages its finances effectively and maintains a healthy cash flow. This position involves handling incoming payments, managing the financial transactions related to customer accounts, and ensuring that the company receives payments on time. The Accounts Receivable Executive will work closely with various departments, such as the sales and finance teams, to streamline billing procedures and solve any customer billing queries. This role demands strong organizational skills, attention to detail, and the ability to manage multiple tasks simultaneously. The ideal candidate should be proactive, have excellent communication skills, and possess a deep understanding of accounting principles and practices specific to receivables. Additionally, the individual should be adept at using accounting software to facilitate efficient and accurate reporting for strategic decision-making.

Responsibilities

• Process incoming payments in compliance with financial policies and regulations.
• Verify discrepancies and resolve clients' billing issues professionally and promptly.
• Create invoices and send them to clients as per agreed-upon billing cycles.
• Monitor accounts to identify outstanding debts and facilitate collection processes.
• Prepare financial reports related to accounts receivable operations for management review.
• Coordinate with the sales department to ensure proper and accurate invoicing information.
• Negotiate and arrange suitable payment plans with clients to settle overdue accounts.
• Ensure compliance with accounting principles and organizational policies at all times.
• Conduct regular account reconciliations to ensure accuracy of financial records.
• Maintain detailed records of all transactions, receipts, and payments for audit purposes.
• Provide monthly and quarterly statements to customers and address any inquiries.
• Collaborate with internal teams to streamline billing and collection procedures effectively.

Requirements

• Bachelor's degree in Accounting, Finance, or related field preferred.
• Minimum two years of experience in accounts receivable or similar position.
• Proficiency in accounting software and Microsoft Office Suite necessary.
• Strong analytical skills with excellent attention to detail and accuracy.
• Solid understanding of accounting principles and familiarity with bookkeeping practices.
• Exceptional communication and interpersonal skills to interact with diverse teams.
• Ability to work independently, multitask, and meet tight deadlines under pressure.