Accounts Receivable

This position involves managing customer accounts, ensuring timely collection of payments, monitoring overdue invoices, and maintaining accurate records. The role includes assessing credit risk, implementing credit policies, and working closely with sales and finance teams to resolve payment issues and streamline cash flow. Delving into financial data to prepare reports and analysis is also crucial to support decision-making and enhance credit control processes

Accounts Receivable Management

Monitor and follow up on outstanding invoices to ensure timely payment, using various methods such as phone calls, emails, and written correspondence

Reconcile accounts receivable ledger to ensure that all payments are accounted for and properly posted

Credit Control

Evaluate and establish credit limits for new and existing customers by analyzing financial statements, credit reports, and payment histories

Develop and enforce credit control policies and procedures to minimize risk and manage cash flow

Identify high-risk accounts and work with management to develop strategies to mitigate risks

Customer Relationship Management

Maintain regular communication with customers regarding their account status, payment terms, and any discrepancies

Address and resolve customer disputes or payment issues promptly to maintain positive relationships

Financial Reporting and Analysis

Prepare and present regular reports on accounts receivable aging, collections, and credit risk to management

Analyze trends and patterns in accounts receivable to identify potential improvements in collection processes and credit policies

Process Improvement

Identify opportunities to streamline processes and improve the efficiency of accounts receivable and credit control functions

Leverage accounting software and other tools to automate and enhance accounts receivable and credit control processes

Collaboration and Coordination

Work closely with the sales, finance, and customer service teams to ensure accurate and efficient handling of accounts receivable and credit control activities

Provide guidance and training to staff on credit control procedures and best practices

Compliance and Documentation

Ensure compliance with relevant accounting standards, regulations, and company policies

Maintain accurate records of all transactions, communications, and credit-related decisions

Special Projects

Conduct special projects or analyses as required by management to support strategic decision-making and operational improvements