Financial Services Director
6 days ago
About Us:
">Robinsons Retail Holdings Inc. is seeking a Financial Services Director to oversee the billing, credit, and collection processes to ensure timely and accurate management of franchisee accounts.
">Responsibilities:
">- Billing and Receivables Management">
- Supervise the preparation and issuance of accurate invoices to franchisees.">
- Ensure timely recording and reconciliation of franchisee payments and other receivable transactions.">
- Monitor aging of accounts receivable and ensure timely follow-ups for overdue accounts.">
- Oversee the processing of credit memos and adjustments.">
Credit Management
">- Implement and enforce credit policies and procedures in line with company objectives.">
- Conduct credit risk assessments for new and existing franchisees to recommend appropriate credit limits and terms.">
- Approve payment plans and restructuring requests in collaboration with the Finance Head.">
Collections
">- Oversee and guide the collections team to ensure timely collection of receivables from franchisees.">
- Develop strategies to address delinquent accounts and minimize bad debts.">
- Collaborate with the legal team when necessary to handle escalated collection cases.">
Franchisee Communication and Support
">- Act as a key liaison between franchisees and the Finance department to address concerns related to billing and collections.">
- Communicate financial policies and procedures to franchisees clearly and effectively.">
- Provide support and education to franchisees on maintaining their financial obligations and understanding their statements.">
Reporting and Analysis
">- Prepare and present monthly receivables reports to the Finance Head and management.">
- Analyze accounts receivable metrics and recommend strategies for improvement.">
- Monitor KPIs such as DSO (Days Sales Outstanding) and collection efficiency.">
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