Finance Executive
3 days ago
Job Purpose
- Oversee Accounts Receivable (AR) operations, ensuring accurate and timely customer receipts offsetting by the AR team.
- Encompasses credit control, approval of blocked orders, credit limit reviews, and liaison with legal firms for debt recovery.
Key Responsibilities:
AR Oversight & Reconciliation
- Supervise the AR staff to ensure all receipts are applied accurately and promptly to customer accounts.
- Monitor daily receipt processing, offsets, and reconciliations, resolving discrepancies as needed.
- Review AR aging reports and ensure timely clean-up of unapplied or misallocated receipts.
Credit Control & Order Release
- Monitor and evaluate customer credit limits and payment terms; recommend updates based on payment history and risk profile.
- Review and approve blocked sales orders in accordance with credit policy and authorisation matrix.
- Work closely with sales and customer service teams to resolve order release issues.
Debt Collection & Legal Liaison
- Oversee follow-ups on overdue invoices, ensuring that escalations are handled efficiently.
- Coordinate with external legal firms on matters relating to long-outstanding debts and legal recovery.
- Maintain a record of legal cases, customer disputes, and settlement agreements.
Compliance & Reporting
- Ensure strict adherence to internal controls, company policies, and audit requirements.
- Generate AR and credit control reports for management, including overdue accounts, DSO, and collection status.
- Assist in internal and external audit processes by providing relevant documentation and reconciliations.
·Undertake other related duties as may be assigned periodically to support operational objectives.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum 2–5 years of relevant experience in AR operations and credit control.
- Prior experience supervising AR staff or overseeing AR processes is preferred.
- Solid understanding of receivables reconciliation, cash application, credit assessment and collection processes.
- Proficiency in Microsoft Excel and ERP/accounting system
- Experience with SAP S/4HANA is highly preferred.
HOW TO APPLY
Interested applicants, kindly click on "APPLY NOW" or send your resume in MS WORD format to
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