Accounts Receivable

Job Purpose:

Responsible for the accurate accounting and processing of Account Receivables transactions, including generating invoices, accounting for collections, reconciliation, and providing MIS reports. Adherence to SLAs, company policies, and implementing best practices are key aspects of the role.

Responsibilities

• Generate invoices on customer
• Ensure timely and accurate accounting for collections from the customers.
• Generate/Prepare acknowledgements for the payments received from the customer/banks.
• Clear invoices against the relevant receipts and credit notes.
• Responsible for customer account reconciliation and providing Statement of Accounts (SOA) to the resource mobilization team
• Generate monthly consolidated Accounts Receivable MIS.
• Monthly schedules (debtors ageing / advances from customers etc.) preparation and submission to GL and consolidation team.
• Ensure prompt invoicing and sales accounting
• Strives to better the cycle time defined in the Service Level Agreement (SLA)
• Ensure that all transactions associated with the process meet the cost, quality and time-related performance standards as set out in the SLAs.
• Ensure accounting as per statute & company policy
• Implement the best practices
• Follow the escalation matrix in case of problem/difficulty
• Adhere to the instructions set out in the process manual for processing of all transactions
• Maintain adequate document trails and records
• Act as buddies for new recruits for job orientation

Experience:

• 0-3 years of experience, preferably in manufacturing industry.
• Working knowledge of Sales and AR processes.
• Experience in prompt invoicing and sales accounting.
• Familiarity with customer account reconciliation and providing Statements of Accounts.
• Working knowledge in MS Office (Excel, Word, Power Point)
• Ability to implement best practices and follow escalation procedures when necessary.
• Working knowledge of Microsoft Office Suite and SAP FICO and SD module.

Qualifications:

• Bachelor's degree in relevant field.