Accounts Receivables Coordinator (225-901)

The Accounts Receivables Coordinator plays a crucial role in managing the inflow of cash for a company by ensuring timely collection of outstanding invoices and minimizing credit risks. This position requires a keen eye for detail and the ability to analyze financial data to forecast potential collection issues. The Coordinator serves as the primary contact for clients regarding their account status and must maintain superior customer service while handling sensitive financial information. The ideal candidate will have strong organizational skills and the ability to work independently within a fast-paced environment, along with possessing excellent communication and negotiation abilities to ensure efficient collection processes are in place.

Responsibilities

• Coordinate and oversee the process of collecting outstanding payments from clients timely.
• Monitor accounts receivable aging reports to identify and address any overdue accounts.
• Negotiate payment plans and resolve payment discrepancies with tact and professionalism.
• Prepare monthly reports summarizing activities related to accounts receivables.
• Work closely with the finance team to reconcile accounts and verify transactions.
• Implement collections strategy to reduce risks and improve financial reporting processes.
• Maintain accurate and up-to-date records of collections efforts and correspondence.
• Send timely reminders and follow-up communications to clients for pending invoices.
• Ensure compliance with all relevant company policies and regulations regarding collections.
• Assist in the development and implementation of strategies to accelerate cash flow.
• Maintain excellent customer relationships by addressing inquiries promptly and efficiently.
• Produce and analyze detailed accounts receivable aging reports on a regular basis.

Requirements

• Bachelor’s degree in Finance, Accounting, or related field preferred.
• Minimum of 2 years experience in accounts receivable or related financial role.
• Strong knowledge of accounting principles and collection strategies.
• Proficiency with accounting software and Microsoft Office suite, especially Excel.
• Excellent communication and negotiation skills with a courteous disposition.
• Ability to manage multiple tasks efficiently and meet critical deadlines.
• Demonstrated ability to work independently and as part of a team.