Accounts Receivable Manager
2 weeks ago
As a key member of our team, you will play a pivotal role in providing essential support to all stakeholders across our African network.
- Reconcile allocated Balance Sheet accounts, including Assets, Debtors, and Revenue.
- Maintain the Fixed Asset Register to ensure accuracy and compliance.
- Timely and accurate capture of assets, facilitating efficient financial management.
- Assist with the completion of CIPs for CAPEX projects.
- Calculate provision for Bad Debt, ensuring financial stability.
- Responsibility for all Inter-company accounts and confirmations.
- Set objectives for the accounts receivable team, aligned with departmental goals.
- Negotiate with clients in cases of non-payment, ensuring positive outcomes.
- Prepare various financial reports, including monthly, quarterly, and ad-hoc forecasting reports.
- Accurately and completely transfer Revenue (Invoices) into Pastel from relevant ERP systems.
- Provide support and training to Accounts Receivable Clerks, fostering professional growth.
- Ensure adherence to accounting principles by all team members.
- Stay updated on industry and legislative changes, maintaining compliance.
- Facilitate accurate reporting and analysis on financial data and metrics, such as cash forecasting and sales statistics.
- Track and follow up on outstanding payments, ensuring timely collection of revenues due.
- Conduct credit checks on new and prospective clients, mitigating risk.
- Implement accounts receivable policies to ensure clients pay on time and collect past-due payments.
- Create monthly payment collection feedback reports to guide the Finance team.
- Monitor cash inflows by tracking invoices, deposits, and payment correspondence.
- Keep customers informed about their accounts through statements and reminders.
- Compile accounts receivable activities, including ageing reports and cash forecasts.
- Maintain 90+ day ageing for debtors below 5% of the total.
- Provide sales reports and reconciliations to support business decisions.
- Reconcile allocated Bank accounts by reporting deadlines, ensuring accuracy.
- Assist in local and group audits, maintaining financial transparency and integrity.Requirements
To be successful in this role, you will need:
- Strong financial management skills.
- Excellent communication and negotiation skills.
- Ability to work in a fast-paced environment.
- Strong analytical and problem-solving skills.
- Proficiency in financial software and systems.
- Ability to work independently and as part of a team.
Empire Recruitment is a leading recruitment agency specializing in finance and accounting roles. We are committed to providing exceptional service and support to our clients and candidates.
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