Accounts Receivable Executive 10F25

The Accounts Receivable Executive is a key position responsible for managing a company's receivables portfolio and ensuring seamless cash flow operations. This role involves handling client invoices, ensuring timely payments, and maintaining accurate records of transactions. The position demands a detail-oriented professional who can communicate effectively with clients to reconcile billing discrepancies, resolve issues related to payments, and ensure that accounts are settled promptly. An Accounts Receivable Executive plays a crucial role in maintaining the financial health of the organization by minimizing bad debts and maximizing cash collections. The ideal candidate will possess strong analytical skills, a knack for negotiating, and a solid understanding of accounting principles and financial regulations. Furthermore, the role requires proficiency in accounting software and the ability to work collaboratively with internal teams such as operations, sales, and finance to resolve any issues that may impact the collection process. This is an excellent opportunity for a proactive financial professional to contribute significantly to a company's revenue cycle management.

Responsibilities

• Prepare and distribute accurate client invoices in a timely manner each month.
• Monitor accounts to identify outstanding debts and ensure timely collection efforts.
• Process incoming payments and post them to appropriate accounts promptly.
• Review account discrepancies and work with clients to resolve any issues efficiently.
• Maintain comprehensive records of all billing and payment activities for auditing purposes.
• Communicate effectively with clients to facilitate accurate and timely payments.
• Collaborate with the finance team to streamline billing processes and procedures.
• Analyze accounts receivable aging reports and prepare delinquency reports for management.
• Negotiate payment schedules with clients who are experiencing financial difficulties.
• Ensure compliance with all relevant financial regulations and company policies.
• Contribute to month-end closing processes, including reconciliations and financial reporting.
• Identify opportunities to improve billing and collection efficiency continually.

Requirements

• Bachelor’s degree in finance, accounting, or related field required.
• Minimum of three years of experience in accounts receivable or similar role.
• Proficiency with accounting software such as QuickBooks, SAP, or Oracle.
• Excellent numerical ability and strong attention to financial details are essential.
• Proven ability to handle confidential information with a high degree of integrity.
• Strong analytical skills to evaluate credit risks and determine collection strategies.
• Exceptional communication skills to manage relationships with clients effectively.