Assistant Manager – Accounts Receivable 04F25

As an Assistant Manager – Accounts Receivable, you will play a critical role in ensuring the financial stability of our organization by managing the inflow of funds owed to the company. You will lead a team, streamline processes, and work closely with other departments to enhance cash flow, minimize debt levels, and improve credit management. Your keen eye for detail, strong analytical skills, and effective communication abilities will be vital assets in efficiently managing accounts receivable operations. If you thrive on improving financial efficiencies and have a solid foundation in accounting principles, we invite you to bring your expertise to our team and help us excel in our financial objectives.

Responsibilities

• Oversee and manage the accounts receivable department, ensuring timely collection of outstanding invoices.
• Develop and implement policies and procedures to enhance the accounts receivable process.
• Conduct regular meetings with the team to discuss and resolve issues related to overdue accounts.
• Analyze credit reports and financial statements to review customers' accounts for credit worthiness.
• Coordinate with sales and customer service teams to address client queries and payment issues.
• Track key metrics around accounts receivable, including DSO and bad debt ratio, for performance monitoring.
• Prepare detailed accounts receivable reports for senior management and finance directors.
• Conduct training sessions for team members to improve skills and operational efficiency.
• Ensure compliance with all financial regulations and company standards in accounting practices.
• Negotiate payment plans and settlements with clients facing financial difficulties.
• Manage the reconciliation of accounts and ensure all discrepancies are quickly resolved.
• Collaborate with auditors during internal and external audits to provide accurate data.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field required.
• A minimum of 5 years of experience in accounts receivable management.
• Proven leadership skills with experience in team management and development.
• Strong understanding of accounting principles and financial regulations.
• Excellent analytical skills with the ability to interpret complex financial data.
• Proficiency in accounting software and Microsoft Office Suite, especially Excel.
• Exceptional communication skills, both written and verbal, for interaction with clients and team members.
• Ability to work under pressure and meet tight deadlines in a fast-paced environment.