Accounts Receivable Manager
2 weeks ago
Accounts Receivable Manager
We are seeking an experienced Accounts Receivable Manager to oversee all aspects of accounts receivable processes, ensuring timely collection of outstanding payments from customers.
In this role, you will lead a team in maintaining accurate customer accounts, processing payments, and reconciling discrepancies between customer payments and records. You will also assess the creditworthiness of new and existing customers, manage credit limits, and review the appropriateness of company's credit policies.
Main Responsibilities:
- Maintain accurate Accounts Receivable Sub-Ledger
- Process and apply payments, and reconcile discrepancies between customer payments and records
- Provide accurate reporting to key stakeholders via fortnightly Debtors Report, highlighting accounts requiring escalation
- Coordinate with the sales and customer service teams to resolve any billing issues or disputes
- Proactively follow up on outstanding payment
- Issue manual invoice for non-stock invoice, credit notes to customers and intercompany parties
- Prepare all miscellaneous invoices for non-product sales and then input them in JDE
- Maintain Customer Credit Hold list
- Review orders on Credit Hold and advise to Head of Financial Control, CFO and GM
- Provide continuous improvement and maximize efficiency through streamlining AR processes and internal policies
- Maintain and update SOP
Credit Policy Review:
- Review and update credit policies and procedures
- Due diligence check for new customers by checking financial statements / reviewing publicly available information
- Minimize bad debt risk for the company
Team Leadership:
- Lead a team in maintaining accurate customer accounts, processing payments, and reconciling discrepancies between customer payments and records
- Coach and develop team members to improve performance and achieve goals
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