Accounts Receivable

Overview:

The Accounts Receivable Specialist is responsible for managing and maintaining the company’s receivables, ensuring timely collections, and accurate recording of transactions. This role is critical for maintaining cash flow, building strong relationships with customers, and ensuring compliance with financial regulations.

Key Responsibilities:

• Generate and issue accurate invoices for clients based on agreed terms and service agreements.
• Ensure invoices are delivered promptly and follow up with customers for any required billing information.
• Maintain accurate and organized records of all invoices, contracts, and payment terms.
• Monitor accounts to identify outstanding balances and follow up on overdue payments.
• Communicate with customers to resolve payment discrepancies or disputes.
• Develop and maintain positive relationships with clients to facilitate collections.
• Record incoming payments in the accounting system, ensuring accuracy and proper allocation.
• Reconcile accounts receivable records with customer accounts to ensure consistency.
• Investigate and resolve payment discrepancies, such as short payments or overpayments.
• Prepare and analyze accounts receivable aging reports and provide updates to management.
• Track and report on key metrics such as days sales outstanding (DSO) and collections efficiency.
• Identify trends and potential risks in receivables and recommend solutions.
• Ensure compliance with company policies and accounting standards (e.g., IFRS, GAAP).
• Stay updated on regulatory requirements related to invoicing, VAT, and tax compliance.
• Recommend and implement process improvements to enhance efficiency and accuracy in receivables management.
• Coordinate with the sales and operations teams to resolve client disputes and billing issues.
• Support month-end and year-end close processes, ensuring all receivable transactions are accounted for.
• Assist in audits by preparing required documentation related to accounts receivable.

Qualifications & Skills:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2–4 years of experience in accounts receivable, credit control, or a related role.
• Experience in [specific industry, if applicable, e.g., hospitality, transportation, or facilities management] is a plus.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and MS Excel.
• Familiarity with invoicing systems and financial reporting tools.
• Strong knowledge of financial regulations, including VAT/GST compliance.
• Excellent communication and negotiation skills.
• Strong attention to detail and organizational abilities.
• Problem-solving skills to address and resolve client issues.
• Ability to work independently and meet deadlines.

نوع الوظيفة: دوام كامل

موقع العمل: بشكل شخصي