Accounts Receivable Senior Analyst

Job Summary:

Maintain receivables, minimize bad debts, maintain accurate financial records, enhance stakeholders’ relationships, improve processes, manage the collection of payments, mitigating financial risks.

Job Description:

• Generate and issue accurate and timely invoices for project milestones, rentals, or other project-related charges.
• Track outstanding invoices and proactively follow up with vendors to ensure timely payments.
• Regularly review aging accounts to ensure they remain within acceptable levels, identifying and addressing any overdue balances promptly.
• Assist in the negotiation and documentation process of promissory notes, ensuring clear terms and agreements that align with RUA policies and legal requirements.
• Implement approaches to facilitate timely payments while maintaining positive customer relationships.
• Verify, allocate, and post transactions accurately, ensuring proper reconciliation of both accounts payable and accounts receivable records to maintain financial accuracy and integrity.
• Analyze financial data meticulously to prepare comprehensive financial records, leveraging insights for accurate forecasting of budgets and strategic planning to support the RUA financial objectives.
• Identify areas for enhancement within the accounts receivable function, proposing and implementing process improvements to streamline operations and optimize efficiency.
• Safeguard sensitive financial information, maintaining confidentiality and integrity through adherence to established protocols and best practices.
• Mitigate risk by implementing credit checks for new clients to assess their financial stability and likelihood of timely payments.
• Facilitate decision-making processes by ensuring the availability of accurate and timely financial data, enabling stakeholders to make informed strategic choices.
• Prepare reports on project receivables, aging reports, and collection performance metrics.
• Monitor and enforce compliance with internal controls and regulatory requirements, proactively identifying and addressing any deviations or non-compliance issues.
• Collaborate with auditors during internal and external audits to ensure adherence to legal regulations and reporting standards.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or a related field
• Strong knowledge of general accounting principles

Key Responsibilities:

• Manage Accounts Receivable processes
• Perform financial reconciliations
• Review and analyze financial statements
• Process and record accounting transactions accurately