Senior Specialist - Accounts Receivable

Job Description

The Senior Specialist - Accounts Receivable plays a pivotal role in managing the accounts receivable processes of an organization. Tasked with overseeing the timely collection of payments from clients, this position demands an individual with exceptional analytical skills, strong attention to detail, and the ability to foster positive relationships with clients and internal stakeholders. The specialist is expected to collaborate with accounting teams to reconcile accounts, develop strategic approaches for outstanding invoices, and ensure efficiency in the billing process. This role also involves creating detailed reports on receivables, identifying potential areas of improvements, and implementing necessary changes. Engaging with customers to resolve billing queries and implementing credit control measures, the Senior Specialist enhances the overall financial health of the organization.

Responsibilities

• Oversee the end-to-end accounts receivable process to enhance efficiency.
• Manage timely collection of outstanding invoices to maintain cash flow.
• Develop and implement strategies to minimize aged receivables.
• Collaborate with sales and accounting departments for account reconciliations.
• Conduct regular reviews of clients’ payment patterns and credit limits.
• Resolve complex billing issues through proactive communication with clients.
• Maintain accurate records and documentation for all accounts receivable activities.
• Support financial reporting by preparing detailed accounts receivable reports.
• Implement credit control measures to reduce bad debt risk.
• Foster and maintain positive relationships with key clients to enhance payment processes.
• Ensure compliance with applicable accounting and financial regulations.
• Participate in internal audits related to accounts receivable processes.

Requirements

• Bachelor's degree in finance, accounting, business, or a related field.
• Minimum of five years' experience in accounts receivable or related area.
• Strong analytical skills and attention to detail are essential.
• Proven track record in managing complex accounts receivable functions.
• Excellent communication skills for resolving payment and billing issues.
• Proficiency in accounting software and Microsoft Office applications necessary.
• Ability to work independently and collaboratively in a team environment.

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