Account Receivable Executive

Primary Responsibilities

• In this role, you will be responsible for managing and optimizing the accounts receivable process, ensuring timely collection of payments, and maintaining accurate financial records.
• Supervise and coordinate the activities of the Accounts Receivable department
• Assist the Credit Manager in efficient and timely collection of receivables
• Ensure proper accounting of cash receipts, claims, and unpaid invoices
• Calculate and enter charges for interest, refunds, or related items
• Generate and review account statements and financial reports
• Investigate and resolve collection issues, working closely with customers and internal teams
• Establish and maintain seamless coordination with all departments to ensure maximum productivity and customer satisfaction
• Respond to customer queries and resolve issues in a timely and efficient manner
• Assist in budget preparation and fiscal planning
• Develop and implement strategies to optimize the use of financial resources
• Ensure compliance with established accounting practices and keep team members informed of current standards and changes
• Recommend and implement improvements to accounts receivable policies and procedures

Qualifications

• Bachelors degree in Commerce (B. Com), Masters degree in Commerce (M. Com), or MBA in Finance (or equivalent qualifications)
• Proven experience in accounts receivable or a similar financial role
• Strong knowledge of accounting principles and practices
• Proficiency in accounting software and Microsoft Office Suite
• Excellent analytical and problem-solving skills
• Strong attention to detail and ability to maintain accurate financial records
• Effective communication and interpersonal skills
• Ability to work under pressure and meet deadlines
• Familiarity with financial regulations and compliance requirements
• Customer-oriented approach with the ability to handle sensitive financial information discreetly
• Demonstrated leadership skills and ability to manage a team effectively
• Continuous learner with a desire to stay updated on industry trends and best practices