Accounts Assistant
1 week ago
**Key Performance Area**
**1.**Invoicing**:
- Generate and issue invoices to clients in a timely manner.
- Ensure accuracy in invoicing and adherence to contract terms.
**2.**Billing and Collections**:
- Monitor accounts to identify outstanding receivables.
- Follow up with clients for payment and provide necessary documentation.
- Implement effective strategies to reduce delinquency and improve cash flow.
**3.**Payment Processing**:
- Reconcile payments with invoices and resolve discrepancies.
**4.**Credit Control**:
- Assess creditworthiness of clients and establish credit terms.
- Monitor credit limits and communicate with clients regarding credit-related issues.
**5.**Aging Analysis**:
- Maintain an updated accounts receivable aging report.
- Analyse and report on overdue accounts, taking appropriate actions for resolution.
**6.**Customer Relations**:
- Build and maintain positive relationships with clients to facilitate the collection process.
- Address customer inquiries and resolve issues related to billing and payments.
**7.**Reporting**:
- Prepare regular reports on accounts receivable status, collections, and other relevant metrics.
- Provide insights into receivables performance during financial meetings.
**8.**Documentation and Compliance**:
- Ensure all receivable-related documentation is complete and accurate.
- Adhere to accounting policies, procedures, and regulatory requirements.
**9.**Cash Application**:
- Work closely with the finance team to ensure accurate financial reporting.
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