Accounts Receivable Executive (225-622)

An Accounts Receivable Executive plays a crucial role in maintaining a company's financial health by ensuring that incoming payments are collected promptly and efficiently. This position requires a keen eye for detail to manage billing, collection, and reporting activities while ensuring that all transactions are accurately recorded in the financial systems. The Accounts Receivable Executive must establish and maintain strong, collaborative relationships with both internal and external stakeholders to facilitate timely payments and address billing issues. This role often involves resolving discrepancies, preparing financial and management reports, and assisting in the implementation of policies and procedures to streamline billing processes. A successful Accounts Receivable Executive is adept at juggling multiple priorities and thrives in a dynamic environment, possessing a strong aptitude for financial software tools and a fundamental understanding of accounting principles.

Responsibilities

• Manage the entire collection process ensuring timely and accurate invoicing.
• Monitor accounts receivable balances and prepare aging reports for management review.
• Conduct credit checks on potential customers and setting credit limits accordingly.
• Maintain up-to-date customer files and accurate records of all billings.
• Communicate with customers to resolve payment and invoice discrepancies effectively.
• Coordinate with the finance team to ensure cash receipts are properly recorded.
• Prepare monthly and quarterly statements for outstanding accounts and collections.
• Ensure compliance with company policies and legal requirements regarding collections.
• Work closely with sales and customer service teams to discuss and solve billing queries.
• Assist in developing and implementing policies and procedures to improve efficiency.
• Prepare reports for management on account statuses and collection activities.
• Utilize financial software tools to streamline data entry and account reconciliation.

Requirements

• Bachelor’s degree in finance, accounting, or related field preferred.
• Minimum of two years experience in an accounts receivable or similar role.
• Proficiency in financial software such as QuickBooks or Microsoft Dynamics.
• Strong understanding of basic accounting principles and practices.
• Excellent communication skills, both written and verbal, for managing client interactions.
• Superb analytical skills with high attention to detail and accuracy.
• Ability to work independently and collaboratively in a fast-paced environment.