Account Receivables Executive

The Senior Accounts Receivable Executive is responsible for managing the accounts receivable (AR) functions while ensuring accurate financial reporting. This role requires expertise in full-set accounts, with a primary focus on AR management, collections, and credit control. The ideal candidate will work closely with internal teams and external stakeholders to optimize cash flow and maintain financial health. Primary Responsibilities: 1. Accounts Receivable Management • Oversee the full cycle of accounts receivable, including invoicing, collections, and payment processing. • Ensure timely and accurate issuance of invoices, credit notes, and debit notes. • Monitor and follow up on outstanding receivables to minimize overdue accounts and bad debts. • Establish and implement effective credit control policies to mitigate risks. • Conduct credit assessments and set credit limits for new and existing customers. • Maintain an accurate AR aging report and provide timely updates to management. 2. Full-Set Accounting Responsibilities • Assist in preparing and maintaining full-set accounts, including general ledger reconciliations. • Support month-end and year-end closing activities related to AR functions. • Prepare journal entries for revenue recognition and bad debt provisions. • Reconcile AR sub-ledger with the general ledger to ensure accuracy. 3. Financial Reporting & Compliance • Generate AR reports, including aging analysis, DSO (Days Sales Outstanding), and cash flow forecasts. • Provide insights on collection trends, credit risks, and outstanding balances. • Assist in financial audits by preparing relevant documentation and responding to auditor queries. • Ensure compliance with company policies, accounting standards, and regulatory requirements. Secondary Responsibilities: • Liaise with customers to resolve billing disputes and payment issues. • Collaborate with the sales and customer service teams to ensure smooth AR operations. • Continuously review and improve AR processes to enhance efficiency and accuracy. • Assist in general accounting tasks, including accounts payable if required. • Support the finance team in budgeting and forecasting activities. • Participate in system enhancements or process automation initiatives. Minimum qualifications and Requirements: 1. Educational Background: - Bachelor’s degree in Accounting, Finance, or a related field. 2. Experience: - Minimum 5 years of experience in accounts receivable, with exposure to full-set accounts. 3. Skills: - Excellent analytical and problem-solving skills. - Proficiency with Microsoft office applications (Excel, Word, Outlook and PowerPoint). - Demonstrate basic knowledge and application of accounting standards, principles and practices. 4. Attributes: - Strong analytical and problem-solving skills. 5. Ability to work independently and as part of a team. - Detail-oriented with a focus on quality and efficiency.