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Financial Analyst Lead
1 week ago
We are seeking a detail-oriented and proactive Financial Analyst to manage and oversee the company's accounts receivable function. This role is crucial in ensuring the timely collection of outstanding invoices, minimizing financial risks, and optimizing cash flow.
- Key Responsibilities:
- Manage and monitor the accounts receivable ledger to ensure the prompt collection of overdue invoices across multiple entities (E101, E714, E819).
- Prepare and present regular reports on accounts receivable performance, including aging reports and collection statuses for all entities.
- Generate and present collection reports as needed by region, including identifying the Top 20 AR accounts at the country level.
- Liaise with customers to discuss payment schedules, resolve outstanding balances, and address any discrepancies.
- Analyze credit and collection trends to identify risks and recommend process enhancements that improve credit management efficiency and reduce Days Sales Outstanding (DSO).
- Handle escalated collection issues, negotiate payment terms with customers, and develop solutions to mitigate bad debt risks.
- Prepare accurate collection forecasts to support financial planning and cash flow management.
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Proven experience in credit control, accounts receivable, or financial operations.
- Strong analytical and problem-solving skills, with the ability to interpret financial data.
- Excellent communication and negotiation skills to effectively liaise with internal and external stakeholders.
- Proficiency in accounting software and ERP systems; experience with [Specify Software] is an advantage.
- Ability to work under pressure, meet deadlines, and manage multiple priorities effectively.
- Knowledge of credit risk management principles and best practices.