Receivables Officer

We are seeking a dedicated and detail-oriented Receivables Officer to join our finance team. As a Receivables Officer, your primary responsibility will be to ensure timely and accurate processing of accounts receivable transactions. You will play a crucial role in managing and maintaining positive relationships with our clients while ensuring that outstanding invoices are collected promptly.

Key Responsibilities:

• Invoice Processing: Generate, review, and send invoices to customers accurately and in a timely manner.
• Payment Reconciliation: Match incoming payments with outstanding invoices and update records accordingly.
• Customer Communication: Maintain regular communication with customers regarding outstanding balances and resolve any billing discrepancies or issues.
• Collections: Implement collections strategies to ensure prompt payment of overdue invoices while maintaining positive customer relationships.
• Record Keeping: Maintain accurate and organized records of all accounts receivable transactions.
• Reporting: Prepare and distribute regular reports on accounts receivable aging and cash flow status to the finance team and management.
• Customer Service: Provide excellent customer service by responding to customer inquiries and addressing their billing-related concerns promptly and professionally.
• Credit Management: Assist in assessing and monitoring customer credit limits and terms, and recommend adjustments as needed.
• Compliance: Ensure compliance with company policies, industry regulations, and accounting standards related to accounts receivable.
• Process Improvement: Identify and recommend process improvements to enhance the efficiency and effectiveness of the accounts receivable function.

Qualifications:

• Bachelor’s degree in finance, accounting, or a related field preferred.
• Proven experience in accounts receivable, billing, or a similar role.
• Strong attention to detail and accuracy in financial data management.
• Excellent communication and interpersonal skills.
• Proficiency in using accounting software and Microsoft Office Suite.
• Ability to work independently and as part of a team.
• Strong problem-solving skills and a customer-centric mindset.
• Knowledge of relevant accounting principles and regulations is a plus.