Accounts Receivable Specialist
2 months ago
Position Summary
The Accounts Receivable Specialist plays a crucial role in managing the financial health of the organization. This position is responsible for ensuring that all internal controls related to Accounts Receivable are maintained, supporting the overall accounting framework as defined by the internal audit team.
Key Responsibilities
- Prepare monthly financial reports to enhance operational efficiency.
- Maintain and update master data to ensure accuracy.
- Establish and adhere to credit terms in accordance with company policies.
- Prepare cash flow forecasts to support financial planning.
- Conduct age analysis and ensure overdue accounts do not exceed 5% of total receivables.
- Follow up on outstanding debts and implement recovery strategies as per company policy.
- Generate quantum reports on local bank debts.
- Collect all outstanding debts and provide cash forecasts by the 15th of each month.
- Report sales by 14:00 on D+2, ensuring alignment with dispatch records.
- Record daily receipts and maintain cashbook, including cash sales.
- Perform intercompany reconciliations and monthly confirmations.
- Conduct regular credit assessments to ensure the reliability of the customer database.
- Assist with audit requests and provide necessary documentation.
- Report on overdue customer accounts and enforce 'accounts on hold' policies for non-compliant customers.
- Analyze financial data to support informed decision-making.
- Identify discrepancies and report to management for corrective actions.
- Assist in resolving financial queries and support site management.
- Ensure timely and accurate reporting to meet organizational deadlines.
Qualifications
- National Diploma in Finance or a related field.
- A minimum of 3 years of experience in a similar capacity.
- Strong numerical accuracy and attention to detail.
- Proficiency in SAGE ACCPAC ERP and Excel.
- Excellent communication and interpersonal skills.
- Proactive approach with strong planning abilities.
- Ability to work effectively under pressure and meet tight deadlines.
- Strong problem-solving skills and a collaborative mindset.
Full-time and Permanent
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