Accounts Receivable Specialist

tkxel; Lahore; On-site; PKR 1,400,000 - 2,000,000; Full time

Job summary

A financial services company in Lahore is seeking an experienced Accounts Receivable Specialist to manage the invoicing, collections, and reconciliation processes. The ideal candidate will have a Bachelor's degree in accounting, at least 4 years of relevant experience, and proficiency in financial software. Strong organizational and communication skills are essential for this role, which contributes directly to the company's financial health.

Qualifications

• At least 4 years of experience as an Accounts Receivable Specialist or a similar role.
• Strong knowledge of accounting principles and practices.
• Proficiency in using accounting software and Microsoft Office applications.

Responsibilities

• Generate and distribute accurate customer invoices.
• Monitor outstanding customer balances and ensure timely collections.
• Reconcile customer accounts and resolve discrepancies.
• Collaborate with sales team on billing disputes.
• Maintain accurate customer records and prepare periodic reports.
• Assist in month-end closing activities with the finance team.

Skills

Accounting principles knowledge

Attention to detail

Effective communication

Organizational skills

Education

Bachelor’s degree in accounting, finance, or related field

ACCA qualified or finalist

Tools

Accounting software

Microsoft Office (Excel, Word, Outlook)

Job description

We are seeking an experienced and detail-oriented Accounts Receivable Specialist to join our finance team. The Accounts Receivable Specialist will be responsible for managing the company’s accounts receivable processes, including invoicing, collections, and reconciliation. The ideal candidate should have a strong understanding of financial principles, excellent organizational skills, and the ability to work effectively with both internal teams and international clients.

Responsibilities

• Generate and distribute accurate and timely customer invoices for products/services rendered.
• Monitor and follow up on outstanding customer balances, ensuring timely collections and minimizing overdue payments.
• Review and reconcile customer accounts regularly, resolving any discrepancies or issues.
• Collaborate with the sales team and customers to resolve billing disputes and address inquiries regarding invoices, payment terms, and account status.
• Maintain accurate and up-to-date customer records, including contact details, payment terms, and credit limits.
• Prepare periodic reports on accounts receivable aging, collections, and cash flow projections.
• Work closely with the finance team to ensure proper revenue recognition and assist in month-end closing activities.

Requirements

• Bachelor’s degree in accounting, finance, or a related field / ACCA qualified or finalist.
• At least 4 years of proven work experience as an Accounts Receivable Specialist or in a similar role.
• Strong knowledge of accounting principles and practices.
• Familiarity with international payment processes and regulations is highly desirable.
• Proficiency in using accounting software and Microsoft Office applications (Excel, Word, Outlook).
• Excellent attention to detail and accuracy.
• Strong organizational and time management skills.
• Effective communication and interpersonal skills, with the ability to work collaboratively.
• Ability to work independently and prioritize tasks to meet deadlines.
• Knowledge of ERP systems and experience with financial modules is a plus.