Key Responsibility:
- Invoicing: Generating and issuing invoices to customers for goods or services rendered
- Accounts Receivable Monitoring: Tracking and managing outstanding customer balances, ensuring timely payments, and following up on overdue accounts
- Payment Processing: Receiving and recording payments from customers, applying payments to appropriate customer accounts, and reconciling discrepancies
- Customer Communication: Corresponding with customers regarding invoices, payment reminders, and payment arrangements
- Aging Analysis: Analysing accounts receivable aging reports to identify overdue accounts and prioritize collection efforts
- Reporting: Assisting in the preparation of accounts receivable reports, such as aging reports, cash flow projections, and bad debt reserves
- Reconciliation: Reconciling accounts receivable balances with general ledger accounts and resolving discrepancies
- Documentation: Maintaining accurate records of customer transactions, correspondence, and payment history
- Process Improvement: Identifying opportunities to streamline accounts receivable processes, improve efficiency, and reduce delinquency rates
- Collaboration: Working closely with other departments, such as sales, customer service, and finance, to address customer inquiries and resolve issues related to accounts receivable
- Compliance: Ensuring compliance with company policies, accounting standards, and regulatory requirements related to accounts receivable management
REQUIREMENTS
- Education: A bachelor's degree in accounting, finance, or a related field
- Language: Proficiency in English is essential. Additional language skills are advantageous
- Accounting Knowledge: Strong understanding of accounting principles, including accrual accounting, revenue recognition, and accounts receivable management
- Previous experience in accounting, Finance, or accounts receivable is often preferred. Experience with accounting software, Microsoft office and proficiency in Odoo may also be beneficial
- Attention to Detail: Excellent attention to detail is crucial for accurately recording and reconciling financial transactions, managing customer accounts, and preparing reports
- Analytical Skills: Ability to analyse accounts receivable data, identify trends, and make data-driven recommendations for improving collections and reducing outstanding balances
- Communication Skills: Effective written and verbal communication skills are essential for interacting with customers and colleagues, as well as for preparing reports and documentation
- Organizational Skills: Strong organizational skills are necessary for managing multiple tasks, meeting deadlines, and maintaining accurate records in a fast-paced environment
- Problem-Solving Abilities: The ability to identify issues, troubleshoot problems, and propose solutions is valuable for resolving discrepancies, addressing customer inquiries, and improving accounts receivable processes
- Compliance Knowledge: Familiarity with relevant accounting standards, regulations, and compliance requirements related to accounts receivable management, such as IAS & and IFRS
- Teamwork: Capability to collaborate effectively with colleagues across departments, such as sales, customer service, and finance, to achieve common goals and objectives
*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.