- Manage the entire receivable accounts (AR) process, ensuring timely and accurate invoices, payment collections, and reconciliation of customer accounts.
- Develop and maintain AR policies, procedures, and controls to streamline processes and improve collection efficiency.
- Monitor aging reports and implement strategies for reducing outstanding balances and improving cash flow.
- Oversee the relationship with clients to address any payment delays, billing disputes, or discrepancies.
- Collaborate with sales and customer service teams to ensure the accuracy of client billing and resolve any discrepancies.
- Manage the accruals accounting process, ensuring that all revenue are recorded in accordance with the matching principle.
- Assist in the preparation of monthly, quarterly, and year-end journal entries related to accruals.
- Coordinate with other departments to gather information on revenues that should be accrued.
- Identify and implement process improvements to enhance efficiency and accuracy of receivables processes.
- Ensure compliance with accounting standards (GAAP/IFRS) and relevant tax regulations.
- Develop and implement internal controls to mitigate risks related to receivables.
- Support external and internal audits by providing accurate and timely documentation for AR.
Finance / accounting graduate, with 5 to 7 years of hands-on experience in AR, credit & collectionExperience in logistics and transportation fields strongly recommendedFamiliarity with financial accounting statementsHands-on experience with accounting software packages, like QuickBooks, also ERP systemsAdvanced MS Excel skills including Vlookups and pivot tablesAptitude for numbers and quantitative skills