Accounts Receivables Coordinator 25M26

The Accounts Receivables Coordinator plays a pivotal role in managing the cash inflow activities of an organization. This position requires a detail-oriented individual who can effectively manage and maintain customer accounts, ensuring that payments from clients are processed and recorded promptly and accurately. An Accounts Receivables Coordinator works closely with various departments, including sales and accounting, to verify discrepancies and resolve any issues that arise in the payment process. Excellent communication skills are vital, as the role involves frequent interaction with clients to manage payment schedules and resolve invoice issues. With an aim of streamlining efficiency and ensuring accuracy, the coordinator is also tasked with analyzing and preparing reports based on receivables data to enhance the organization's financial performance.

Responsibilities

• Manage and oversee daily operations in the accounts receivables department efficiently.
• Ensure timely collection of payments from clients and reconcile their accounts regularly.
• Process incoming payments in compliance with financial policies and procedures.
• Monitor client accounts to identify and resolve outstanding debts and insufficient payments.
• Coordinate with the sales department to verify terms of customer contracts and agreements.
• Prepare and distribute billing statements and invoices to clients on a regular schedule.
• Respond to client inquiries and resolve account discrepancies courteously and promptly.
• Prepare detailed financial reports forecasting cash receipts and outstanding receivables.
• Implement credit policies in accordance with company standards and best practices.
• Collaborate with the accounting team to improve collection processes and procedures.
• Perform account reconciliations and maintain accurate financial records and documents.
• Ensure compliance with relevant regulations and legal guidelines in receivables processing.

Requirements

• Bachelor's degree in Finance, Accounting, or a related field preferred.
• Minimum of 2 years' experience in an accounts receivable role in similar industry.
• Proficiency with accounting software and Microsoft Office Suite, especially Excel.
• Strong analytical skills with a keen attention to detail for accurate record-keeping.
• Excellent organizational abilities to handle multiple tasks and prioritize workload.
• Strong verbal and written communication skills for effective client interactions.
• Ability to work independently and collaboratively in a fast-paced work environment.