Accounts Receivable Operations

Oversee end-to-end AR processes across all business units, including invoicing, receipts, and customer account reconciliations.

Ensure timely recording of invoices, credit notes, and receipts in accordance with IFRS and company accounting policies.

Monitor AR sub-ledgers and ensure periodic reconciliation with the general ledger.

Review and approve customer invoices, debit/credit notes, and adjustments before posting.

Supervise cash application and ensure proper allocation of customer payments.

2. Credit Management & Collection

Establish and enforce group-wide credit policies and terms of trade.

Evaluate and approve customer credit limits based on risk analysis and payment history.

Monitor overdue accounts and drive collection efforts to achieve DSO (Days Sales Outstanding) targets.

Lead collection follow-ups with internal teams and clients to ensure timely payments.

Manage escalation procedures for delinquent accounts, including legal actions if necessary.

3. Reporting & Analysis

Prepare and review monthly AR aging reports, customer exposure, and collection forecasts.

Analyze receivable trends and report collection performance to senior management.

Develop KPI dashboards for AR efficiency, including DSO, collection ratio, and overdue percentage.

Support monthly and year-end closing with accurate AR balances, provisions, and supporting schedules.

4. Audit, Compliance & Controls

Ensure AR transactions comply with internal financial controls and external audit requirements.

Manage customer balance confirmations and audit requests.

Ensure timely provisioning for doubtful debts in coordination with management and auditors.

Maintain proper documentation for invoices, receipts, and credit approvals.

5. Systems & Process Improvement

Drive standardization and automation of AR processes across group entities.

Collaborate with IT and ERP teams to optimize AR modules and reporting tools.

Implement continuous improvement initiatives to enhance efficiency and accuracy.

6. Leadership & Coordination

Supervise, train, and mentor the AR team across projects and subsidiaries.

Coordinate with sales, operations, legal, and treasury teams for collection and credit management.

Conduct regular performance reviews and ensure team alignment with financial objectives.