Roles and Responsibilities
- Position Summary : The Accounts Receivable Team Lead is responsible for overseeing the accounts receivable function, ensuring accurate cash application, timely collection of outstanding invoices, maintaining accurate records, and leading a team of AR associates
- The role involves developing, implementing, and maintaining efficient AR workflows, ensuring compliance with policies, and driving process improvements
- The ideal candidate will have strong leadership skills, attention to detail, and a solid understanding of accounting principles
Key Responsibilities :
Supervise and mentor the accounts receivable team to ensure efficient and accurate processing of transactionsEnsure timely invoicing and billing processes are maintainedEnsure timely and accurate cash application to customer accountsMonitor accounts receivable aging reports and follow up on overdue accountsResolve customer discrepancies and disputes related to billingCollaborate with sales, customer service, and finance teams to resolve account issuesPrepare and analyze accounts receivable reports for management reviewImplement and improve AR processes to increase efficiency and reduce errorsPublish key metrics, SLA and monthly review with ManagementEnsure compliance with company policies, accounting standards, internal controls and SOXSupport audit and compliance requirements related to AR processesAssist in month-end closing activities related to receivablesMonitor and maintain accurate records of customer payments and account statusesPeople Management : Train and guide staff members to enhance performance and developmentConduct periodic performance evaluation and provide feedback to team membersPrepare process documentation, control procedures, and training materialsEnsuring back up plans during vacation / holidaysSkills Required
Accounts Receivable, Audit, People Management, Process Documentation