Accounts Receivable Operations Manager
6 hours ago
Network Recruitment is offering a lucrative opportunity for an experienced Accounts Receivable Manager in Johannesburg, South Africa.
The estimated salary for this position is R 900,000 - R 1,200,000 per annum, depending on experience.
Job DescriptionCompany Overview:
We are a leading recruitment agency with a strong presence in the manufacturing industry. Our company is based in Johannesburg and has an established network of clients across various sectors.
Salary: The estimated salary for this position is R 900,000 - R 1,200,000 per annum, depending on experience.
Job Summary:
We are seeking an accomplished Accounts Receivable Manager to oversee our order-to-cash process, manage credit risk, and drive team performance. As a key member of our team, you will be responsible for optimizing our invoice-to-cash process, reducing overdue debt, and implementing robust credit policies.
Key Responsibilities:
- Lead and Mentor the AR Team: Ensure efficient, compliant, and timely customer invoice processing, collections, and cash application.
- Develop Strategies: Improve KPIs for the invoice-to-cash process and reduce overdue debt.
- Manage Credit Risk: Implement robust credit policies, conduct solvency checks, and reduce bad debt.
- Oversee Month-End AR Closing: Ensure accurate cash allocations, provisions, and revenue recognition.
- Build Relationships: Maintain strong relationships with internal stakeholders and customers to resolve credit and payment issues effectively.
- Drive Performance Improvement: Coach, train, and develop individual and team performance through training and performance management.
- Champion Process Improvements: Enhance AR efficiency through automation projects and process improvements.
- Ensure Compliance: Adhere to internal controls, policies, and external regulations.
Qualifications:
- Bachelor's Degree: Required; Master's Degree is an added advantage.
- Experience: 6-8 years in a senior credit management role, with at least 5 years in FMCG.
- Skills: Advanced proficiency in MS Office (Excel, Word, PowerPoint, Outlook), strong analytical and problem-solving capabilities, excellent communication and interpersonal skills, commercial acumen, and a proactive results-oriented mindset.
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