2. JOB PURPOSE
Responsible for Collections and A/R Module to ensuring proper accounting and financial reporting to provide management with quality information for decision making and to assist with receivable and payable functions of the organization.
AR & Sales
- Update the AR/CRM with customers’ data base.
- Processing the sales workflow on MSD
- Posting AR entries for sales, leasing, service charge, utilities and any other AR entries.
- Ascertain that the collections received are properly assigned to the related customers.
- Follow up on a daily basis with banks to check collections/deposits
- Issue receipts vouchers for the payments received from customers.
- Reconcile AR ledger with the customers file and resolve issues that might arise in a timely manner
- Reconcile the deposit bank account which related to costumer amount
- Record general transaction on as required basis
- Setup on the system & uploading the payment plans.
- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
- Verify discrepancies by and resolve clients’ billing issues
- Ensure that invoices are approved and authorized as per the DOA
Collections
- Follow up with customers for collection including:
- Yearly service charge
- Monthly utilities bills
- Leasing payment
- Sales extended payments plan
- Follow up with other department for collection issues
- Monthly collection detailed status report
- Facilitate payment of invoices due by sending bill reminders and contacting clients
Monthly GL Reviewing & Reporting
- Reviewing of Monthly GL for issuing the Financial Statement
- Confirming Sub ledger GL which reconciled and confirmed
- Responsible for ensuring that all the appropriate delinquency actions, as outlined in company’s delinquency policy, are carried out.
- Review Aging Reports and ensure appropriate actions taken
- Weekly reporting of invoicing totals/aging totals/cash receipts/invoice adjustments
- Prepare monthly, quarterly, annual and ad-hoc forecasting reports
- Reports detailing accounts receivable status
- Generate & update sales reports on regular basis to enable the EH management to follow up on the revenue stream and cover any gaps and shortages by the adequate strategies.
Supporting team
- Support the finance team as required.
QUALIFICATIONS, EXPERIENCE, & SKILLS
Preferred Qualifications:
- BSc degree in Accounting or Finance
Preferred Experience:
- 5 years’ experience in Accounting, Collection and Receivables
Job-Specific Skills:
- Proven work experience as an Accounts Receivable Accountant & Collections
- Hands-on experience with accounting software
- Familiarity with advanced formulas in MS Excel
- Excellent analytical skills along with the ability to create and present detailed reports
- Ability to accurately process numerical data
- Team management and negotiation skills
- Problem-solving attitude
- Confidentiality
8. COMPETENCIES
- Problem Solving
- Negotiation
