Accounts Receivable Manager

2 weeks ago


Durban, KwaZulu-Natal, South Africa Sandi Crowther Recruitment Full time
Responsibilities:
  • Ensure all new clients are entered correctly into the billing system
  • Check the accuracy of monthly recurring revenue and annuity income
  • Conduct thorough oversight of technical work orders, verifying gross margins, and ensuring completeness of revenue records
  • Assess and manage fee charge reductions and credit notes issued to clients
  • Manage the company's debit order system and collection processes
  • Manage cash receipting process, ensuring proper allocation and reconciliation of receipts
  • Implement and maintain processes for accurate calculation and recording of bad debt provisions
  • Analyse accounts receivable ageing reports to identify potential bad debts and take appropriate actions
  • Oversee legal collections process, working closely with legal department to recover outstanding debts
  • Generate regular reports on debtor ageing, collections activity, and bad debt provisions for management review
  • Utilise CAATs to develop exception reports aimed at identifying anomalies and discrepancies in billing processes
  • Lead and mentor the debtor's team, providing guidance and support to achieve collection targets
  • Set performance goals, monitor progress, and implement strategies to improve collection performance
  • Oversee the invoicing and processing departments
Requirements:
  • Bachelors Degree in Accounting, Finance, or Business Management
  • 5+ years' experience working in an accounting, billing, or accounts receivable department
  • Familiarity with CRM and / or Microsoft 365
  • Leadership / management experience
  • Time and process management, including the ability to prioritize multiple simultaneous deadlines, set priorities, and work under pressure
  • Accuracy and attention to detail
  • Integrity, discretion, and respect for confidentiality and privacy
  • Strong analytical and organisational skills
  • Strong financial skills and understanding of financial concepts and business principles


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