Executive - Accounts Receivable 26M26

The Executive - Accounts Receivable is a vital role within the finance department, responsible for ensuring efficient collection processes and maintaining the organization's liquidity by managing its outstanding invoices. The role requires a detail-oriented individual who can efficiently manage accounts receivable tasks and coordinate with various stakeholders, including clients, sales teams, and the financial department, to ensure timely collections. This position requires excellent communication skills to handle client inquiries and disputes professionally, as well as strong analytical skills to perform credit assessments. The Executive will also play a crucial role in implementing process improvements to streamline billing and collections. A key aspect of this role is to mitigate financial risks by ensuring adherence to credit policies and maintaining accurate records and reports that support business decisions. The ideal candidate will thrive in a fast-paced environment and will have the ability to manage multiple tasks with strict deadlines.

Responsibilities

• Oversee and manage the receivables process to ensure timely collections.
• Monitor customer accounts to prevent overdue invoices and financial discrepancies.
• Coordinate with sales and finance teams to resolve billing discrepancies.
• Implement and maintain effective credit control policies and procedures.
• Prepare detailed reports on accounts receivable status for management review.
• Conduct credit checks and set credit limits for new and existing customers.
• Handle customer inquiries and disputes regarding invoices professionally.
• Identify and implement process improvements to enhance receivables operations.
• Maintain accurate and up-to-date records of all accounts receivable transactions.
• Negotiate payment plans with customers experiencing financial difficulties.
• Assist in monthly closing activities and reconcile accounts receivable ledgers.
• Collaborate with auditors to ensure compliance with financial regulations.

Requirements

• Bachelor's degree in Finance, Accounting, or a related field is preferred.
• Minimum of 3 years of experience in accounts receivable management required.
• Proficiency with accounting software and Microsoft Office Suite is essential.
• Strong analytical skills with a keen attention to detail are necessary.
• Excellent communication and interpersonal abilities to manage client relationships.
• Ability to work under pressure and meet strict billing deadlines consistently.
• Understanding of financial compliance regulations and adherence to policies.