Accountant - Receivables (225-626)

An Accountant specializing in receivables plays a crucial role in maintaining the financial health of an organization by ensuring accurate and timely processing of incoming transactions. This role focuses on managing all financial transactions associated with accounts receivable, including the billing process, cash collections, processing incoming payments, and reconciling accounts. An Accountant - Receivables must balance efficiency with attention to detail to ensure that all financial transactions are handled correctly and comply with all applicable regulations. Furthermore, this role involves extensive interaction with customers, accounts, and other stakeholders to resolve billing issues, track collections, and facilitate payment resolutions, making communication skills critical. This position is ideal for individuals passionate about driving accurate accounting operations and sustaining proactive financial stabilities through diligent account monitoring and reconciliation.

Responsibilities

• Manage and oversee the organization's accounts receivable processes and systems efficiently.
• Ensure timely billing and effective collection of all outstanding invoices from clients.
• Perform regular reconciliation of accounts to maintain up-to-date financial accuracy.
• Prepare and distribute account statements regularly to all clients and stakeholders.
• Monitor aging reports to identify tardy payments and implement collection procedures.
• Collaborate with the sales department to address and resolve client billing inquiries.
• Maintain positive business relationships with clients to foster prompt payment adherence.
• Update the organization's financial software with accurate payment receipts and transactions.
• Ensure compliance with standard accounting principles and regulations at all times.
• Provide financial forecasts based on receivable data trends to support planning strategies.
• Generate periodic financial reports detailing cash flow and receivable statuses for review.
• Assist in preparing for audits by providing supporting documentation and financial explanations.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• Minimum of 2-3 years of experience in accounts receivable or a similar role.
• Strong proficiency in using accounting software and Microsoft Office Suite, especially Excel.
• Excellent organizational and time management skills with keen attention to detail.
• Solid understanding of billing and collection processes and best practices.
• Effective communication skills to liaise with clients and resolve billing issues promptly.
• Ability to analyze financial data and generate clear and actionable reports.