JOB SUMMARY:

The AR partners will work closely with internal business leaders i.e sales representatives and sales admin functions and customers to ensure timely payment of outstanding invoices, conduct credit checks on new customers, resolve problems in relation to invoice payments, and reconcile month-end accounts. They must also report to management on outstanding issues, whilst highlighting potential debtor problems and proposing solutions.

Responsible for managing credit risk & collection activities of a portfolio of accounts. This individual will also develop and implement Credit & Collections strategies, including setting account receivables objectives, goals, and plans to support the Company's financial and business objectives

Key Responsibilities

• Oversee the processing, reporting, transactions, re-evaluations, and closing process of all AR matters including Credit management and collections
• Ensure that the AR function follows proper procedures in accordance with Group/Local accounting policy
• Ensuring all entries related to sales invoices, including the recording of bank deposits, are posted properly every month-end closing. Receives completed sales orders/invoices from SCM; verifies accuracy and completeness of all required information including current pricing, discounts applied, and shipping and handling charges.
• Perform Credit checks for every order before being processed by SCM
• Prepare Cash Collections plan from time to time
• Maintaining accounts receivable files and records both physical and online.
• Preparing weekly cash flow tracking reports as well as monthly collection summary reports.
• Performing customer account reconciliations on a monthly basis and/or when requested.
• Prepare analytical receivable analysis reports in relation to A/R for management to gain a better understanding of how collection efforts are progressing.
• Identify overdue accounts/ slow-paying customers, and recommend collection measures/actions in consultation with sales representatives
• Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts
• Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and unallocated receipts and differences are cleared
• Participate in Monthly/Quarterly Inventory count and reporting.
• Generation of monthly customer reconciliation reports and Maintaining the trial balance, by a reconciliation of general ledgers.
• Assist the Accounting Manager in developing the cash flow forecast (collection’s standpoint).
• Support other accounting and finance team members when required to do so.

Key Success Factors

• Bachelor’s degree in Accounting and Finance or a relevant discipline
• 4+ years of proven experience in credit or collection role
• Good command of English
• Microsoft Excel user at an intermediate level (Pivot Tables, V-lookup, and Reconciling experience)
• Experience in working with targets and tight deadlines
• Knowledge of relevant legal requirements for debt collection
• Working knowledge of MS Office and databases
• Excellent communication and people skills
• Aptitude in negotiating and persuading

East-West Seed has competitive packages on offer for outperformers

Email: ewtz_recruitment@eastwestseed.com