Accounts Receivable Executive (225-66)

Description

An Accounts Receivable Executive plays a crucial role in the finance department, tasked with managing, monitoring, and collecting outstanding customer balances. This position involves meticulous tracking of client accounts to ensure timely payments, identifying and resolving discrepancies, and maintaining comprehensive financial records. The individual in this role must possess strong analytical skills to evaluate customer creditworthiness and set appropriate credit limits. Additionally, the Accounts Receivable Executive is responsible for coordinating with internal teams to streamline invoicing processes, promoting efficient cash flow management. A successful candidate will demonstrate excellent communication skills, both written and verbal, as they frequently liaise with clients to address any queries or issues regarding invoices and payments. The role demands a proactive approach to problem-solving and maintaining customer relationships, ensuring the company's revenue cycle operates smoothly and efficiently.

Responsibilities

• Monitor and reconcile customer accounts to ensure accurate financial records.
• Generate and distribute accurate invoices to clients on a regular basis.
• Review and assess customer creditworthiness to establish appropriate credit limits.
• Follow up on outstanding invoices to expedite timely payments from clients.
• Investigate and resolve discrepancies relating to billing and payments efficiently.
• Liaise with internal departments to streamline invoicing and payment processes.
• Maintain comprehensive documentation of communications and transactions with clients.
• Provide regular reports on accounts receivable status to senior management.
• Collaborate with the collections team to develop effective payment plans for clients.
• Ensure compliance with company policies and relevant financial regulations.
• Assist in end-of-month reconciliations for accurate financial reporting processes.
• Deliver exceptional customer service when addressing client queries and concerns.

Requirements

• Bachelor’s degree in Finance, Accounting, or related field required.
• Minimum of three years of experience in accounts receivable roles.
• Proficiency in financial software like QuickBooks or SAP is necessary.
• Strong analytical skills with the ability to resolve complex issues.
• Excellent communication skills for effective client interaction and service.
• Detail-oriented and well-organized for accurate financial management.
• Ability to work autonomously and as part of a collaborative team environment.

---