Accounts Receivable Executive (225-901)

The Accounts Receivable Executive plays a pivotal role in managing an organization's outstanding invoices. This position requires an individual with a strong understanding of financial systems and high attention to detail. The individual is responsible for overseeing the collection of invoices, ensuring timely payments, and maintaining accurate financial records. They communicate directly with customers to facilitate payments and resolve any discrepancies that might arise. Additionally, the Accounts Receivable Executive will collaborate with other departments to optimize billing processes and contribute to the organization's financial planning by providing insights into cash flow and customer payment trends. Demonstrated organizational skills and a proactive approach are essential for success in this role.

Responsibilities

• Review and process all incoming payments in compliance with financial policies.
• Identify and resolve invoice discrepancies promptly to maintain accurate financial records.
• Communicate effectively with clients to ensure timely receipt of payments.
• Prepare regular reports on accounts receivable status and payment trends.
• Monitor aged receivables and follow up with clients to secure prompt payments.
• Liaise with the finance team to ensure accounts are up-to-date and reconciled.
• Assist with the implementation and maintenance of financial software tools.
• Coordinate with the sales department to solve billing issues efficiently.
• Establish credit policies and recommend modifications to existing procedures.
• Maintain detailed records of transactions, interactions, and any customer correspondence.
• Evaluate customer credit ratings and prepare financial risk reports.
• Contribute ideas for improving accounts receivable processes and efficiency.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field preferred.
• At least 3 years of experience in accounts receivable management required.
• Proficiency in financial software programs and Microsoft Office Suite is necessary.
• Strong analytical skills with attention to detail and accuracy.
• Demonstrated ability to manage multiple tasks and work under deadlines.
• Excellent verbal and written communication skills for effective client interactions.
• Proven problem-solving skills and the ability to handle disputes diplomatically.