Account Receivables Executive

Job Summary

The Account Receivables Executive is responsible for monitoring outstanding receivables and ensuring timely recovery of payments from customers. The role involves regular follow-ups with clients, reconciliation of invoices, coordination with internal departments, and maintaining accurate recovery records. The objective is to reduce overdue balances and maintain healthy cash flow for the company.

Key Responsibilities

1. Payment Follow-ups

• Contact customers through phone calls, emails, and messages to follow up on outstanding invoices.
• Ensure timely recovery of payments as per agreed credit terms.
• Maintain professional communication with clients to resolve payment delays.

2. Receivable Monitoring

• Maintain a daily aging report of outstanding receivables.
• Track overdue payments and escalate delayed accounts to management.
• Monitor customer credit limits and payment behavior.

3. Invoice Reconciliation

• Coordinate with the accounts and billing department to verify invoices and statements.
• Resolve disputes related to billing, freight charges, or service invoices.
• Share account statements with customers when required.

4. Collection Coordination

• Coordinate with sales, operations, and finance teams to facilitate payment recovery.
• Follow up on payment commitments made by customers.
• Ensure payments are recorded and properly allocated in the accounting system.

5. Reporting

• Prepare weekly and monthly recovery reports.
• Report major overdue accounts to the Finance Manager or Management.
• Maintain documentation of communication and recovery efforts.

6. Client Relationship Management

• Maintain good professional relationships with clients while ensuring firm recovery follow-ups.
• Assist in resolving issues that may delay payments.

Job Type: Full-time

Pay: Rs55,000.00 - Rs65,000.00 per month

Ability to commute/relocate:

• Karachi: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Account Receivables: 2 years (Required)

Work Location: In person