Accountant - Receivables (225-621)

An Accountant specialized in Receivables plays a pivotal role in managing and tracking incoming financial transactions for an organization. This role involves ensuring that all accounts receivable processes are performed effectively and efficiently to improve the company’s liquidity position. The main responsibilities include managing company receivable accounts, preparing invoices, tracking revenue, verifying transactions, and ensuring that financial data is managed accurately. This position requires a high level of attention to detail, excellent organizational skills, and the ability to work independently as well as part of a team. An Accountant - Receivables must also communicate effectively with other departments and external clients to ensure timely payments and resolve any billing discrepancies. Strong analytical skills and proficiency in accounting software are also crucial in this role.

Responsibilities

• Manage and oversee the organization's accounts receivables to ensure timely payments accrue.
• Prepare and issue accurate invoices to customers in a timely manner.
• Track revenue collections and update accounting records with receipts from clients.
• Reconcile the accounts receivable ledger to ensure all payments are accounted for correctly.
• Review financial records to ensure compliance with internal policies and accounting regulations.
• Collaborate with sales and finance teams to resolve customer billing disputes effectively.
• Monitor customer account details for non-payments, delayed payments, and other irregularities.
• Generate financial reports related to receivables and communicate findings to management.
• Implement procedures for prompt collection of outstanding dues and reduction of bad debts.
• Analyze customer accounts and prepare aged analysis reports for management review.
• Maintain up-to-date customer records ensuring databases reflect accurate financial status.
• Participate in quarterly and annual audits by providing requested materials for review.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• Proven work experience as an Accountant specialized in Receivables or similar role.
• Strong knowledge of basic accounting principles and procedures is essential.
• Proficiency in accounting software and familiarity with Microsoft Office Suite.
• Excellent numerical skills and attention to detail in managing financial data.
• Strong analytical and problem-solving skills with a proactive approach to issues.
• Effective communication skills for interaction with teams and external clients.