Key Accounts Receivable Specialist
7 days ago
The Key Accounts Receivable Specialist plays a crucial role in proactively managing the accounts receivable process, ensuring seamless communication with corporate accounts, accurate invoicing, and efficient collections.
Main Responsibilities:
- Accounts Status Monitoring: Regularly track account statuses and credit holds to prevent any delays in payment processing.
- Debtor Report Analysis: Run and review regular debtor reports to identify potential issues and take corrective action.
- Cash Application: Download daily bank statements, collate remittances, and apply all receipts in a timely manner to maintain accurate records.
- Collections: Perform collection activities aligned with established business rules to minimize outstanding balances.
- New Customer Onboarding: Review new customer applications to ensure compliance with company policies.
- Account Reconciliations: Perform account reconciliations and AR Aging Reports to maintain accuracy and transparency.
- Invoicing and Statements: Generate invoices, bills, account statements, and bank deposits as needed to facilitate smooth transactions.
- Daily Transactions: Process daily transactions, including verifying, classifying, posting, and recording accounts receivable data with utmost care.
- Customer Master File Management: Set up and maintain customer master files accurately.
- Bad Debts Provisions: Raise provisions for bad or doubtful debts, process for approval, and write-off at year-end as required.
- Customer Query Resolution: Ensure timely responses to customer queries, providing clear and concise information.
- Process Improvement: Drive continuous improvement across accounts receivable processes to enhance efficiency and effectiveness.
- Month-End Closing: Lead month-end closing for AR accounts with precision and attention to detail.
Skills and Qualifications Required:
- Excellent Communication Skills: Strong verbal and written English communication skills to effectively interact with customers and internal stakeholders.
- Finance Systems Knowledge: In-depth understanding of finance systems and processes to navigate complex transactions.
- Organizational Skills: Highly organized and detail-oriented, with excellent time management skills to meet deadlines.
- Data Entry Skills: Proficient in data entry, with strong MS Office skills, including Word, Excel, and Outlook.
- Western Market Experience: Experience working with Western companies is highly valued.
- Education: Bachelor's degree in Accountancy or related field; CPA certification is an advantage.
- Experience: At least 3 years of experience in the related field is required for this position.
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