Accounts Receivable Executive 23D25

An Accounts Receivable Executive is responsible for managing the company's incoming finances, ensuring that client payments are collected in a timely and efficient manner. This role plays a crucial part in maintaining the financial health of the organization by closely monitoring the accounts receivable ledger, managing overdue accounts, and improving cash flow. The ideal candidate will have a strong background in finance or accounting, exceptional attention to detail, and excellent communication skills to liaise effectively with both clients and internal departments. As an Accounts Receivable Executive, you will contribute to the company's success by optimizing collections procedures and minimizing uncollected revenues. This position is vital in maintaining good relationships with clients and the broader financial community, while also providing insights into the company's financial status through regular reporting and analysis.

Responsibilities

• Monitor and manage all accounts receivable operations to ensure accurate tracking of transactions.
• Ensure timely collection of payments from clients and update their payment statuses regularly.
• Maintain records of invoices, payments received, and outstanding balances accurately and orderly.
• Collaborate with credit management to assess customer credit and evaluate payment terms.
• Address and resolve customer billing disputes in a professional and timely manner.
• Generate monthly financial statements and reports on the accounts receivable status.
• Identify, analyze, and implement measures to improve collection processes efficiency.
• Liaise with other departments to ensure accurate and complete customer account records.
• Monitor aging reports and take necessary actions on delinquent accounts.
• Assist in month-end closure activities related to accounts receivable functions.
• Participate in audits by providing necessary documentation and clarifications promptly.
• Implement and maintain accounting policies in accordance with standard procedures.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Proven experience in an accounts receivable or financial management role for 2+ years.
• Strong numerical skills with a keen eye for detail and accuracy.
• Excellent communication skills for interaction with clients and internal staff.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Ability to multitask and manage data efficiently under tight timelines.
• Demonstrated problem-solving skills with a focus on improving cash flow.