Credit and Collections Assistant
4 weeks ago
Core Accountabilities:
- Responsible for the collection of accounts by initiating contact with all levels of the customer organization as appropriate.
- Communicate with customers via phone, email, or in person.
- Keep track and process accounts and incoming payments in compliance with financial policies and procedures.
- Monitor customer account details for non-payments, delayed payments, and other irregularities.
- Prepare bills, invoices, and bank deposits.
- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
- Verify discrepancies and resolve clients' billing issues.
- Generate financial statements and reports detailing accounts receivable status.
- Credit evaluation and processing of new customers applying for credit terms through trade and bank checking.
- Review AR aging to ensure compliance.
- Assist with month-end closing.
Minimum Experience & Qualifications:
- Must possess at least a Bachelor's Degree.
- Accounting graduate would be an advantage.
- Excellent communication skills, both written and oral.
- Preferably with at least 1 year of working experience in the related field.
- SAP knowledge is an advantage.
- Can work under pressure and with less supervision.
- Proficient in relevant computer applications (MS Office).
Key Performance Indicators:
- Achieves and maintains collection efficiency target.
- Reduce bad debts.
- DSO reduction.
- Improve net working capital (NWC).
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