Accounts Manager

Assistant Manager – Receivables is responsible for overseeing the accounts receivable department and ensuring the timely collection of payments from customers. Responsibilities: Invoicing: Coordinate with various departments to ensure accurate and timely preparation and issuance of invoices. Credit Control: Evaluate the creditworthiness of clients, establish credit limits, and monitor credit exposures to minimize bad debt risks. Follow-up & Collections Management: Implement effective collections strategies to follow up on overdue accounts, resolve billing disputes, and negotiate payment arrangements with customers. Ensure timely collection of payments from customers Payments: Ensure accurate and timely posting and allocation of customer payments to customer accounts in the accounting system. Accounts Reconciliation: Reconcile accounts receivable balances, resolve discrepancies, and investigate unreconciled items to ensure accuracy and completeness of financial records. Billing Disputes: Investigate and resolve billing discrepancies, disputes, and other issues raised by customers or internal stakeholders. Customer Relations: Build and maintain strong relationships with customers to facilitate prompt payment processing and address billing inquiries. Reporting and Analysis: Prepare regular reports and analysis on accounts receivable aging, collections performance, cash flow projections, and customer creditworthiness for management review. Process Improvement: Identify opportunities for process improvements, automation, and efficiency enhancements in accounts receivable processes. Team Management: Guide the team in their work and allocate responsibilities as per work load. ·       Any other responsibilities that may be added as per the requirements of the organization.