Accounts Receivable Executive 21O25

The Accounts Receivable Executive is a crucial figure in the finance team, primarily responsible for ensuring the timely collection of receivables and managing customer accounts. This role requires a keen eye for detail and the ability to communicate effectively with both internal and external stakeholders. An Accounts Receivable Executive must track incoming payments, apply them correctly, and manage any discrepancies in a timely manner. This position offers the opportunity to work closely with the accounting team and contribute to the organization's financial health by maintaining accurate ledgers and performing routine account reconciliations. A successful candidate will be organized, proactive, and capable of managing multiple priorities while maintaining a positive relationship with clients.

Responsibilities

• Oversee the timely collection of outstanding invoices to ensure steady cash flow.
• Accurately process and record financial transactions into accounting software systems.
• Communicate professionally with clients to resolve billing discrepancies and disputes.
• Prepare detailed reports concerning collections, delinquency rates, and customer credit status.
• Coordinate with the sales and customer service teams to improve account processes.
• Monitor customer accounts regularly to identify and flag overdue payments.
• Implement effective strategies for minimizing late payments and improving collections.
• Maintain comprehensive records of all payment transactions and incorporate updates regularly.
• Process customer payments through diverse platforms, verifying amounts and recording entries.
• Conduct routine audits to ensure compliance with financial and accounting regulations.
• Negotiate payment plans with clients to achieve satisfied resolutions and facilitate payments.
• Ensure all invoicing procedures follow established company policies and financial regulations.

Requirements

• Bachelor’s degree in Finance, Accounting, or related field is required.
• Minimum of two years' experience in accounts receivable or a similar role.
• Proficiency with accounting software and Microsoft Office Suite, particularly Excel.
• Strong organizational skills and the ability to handle multiple accounts simultaneously.
• Exceptional attention to detail to identify billing issues and potential discrepancies.
• Excellent communication skills for effective interaction with clients and team members.
• Keen analytical skills to assess financial data and derive meaningful insights.