Factoring and Accounts Receivable Specialist (Remote)
It's a remote opportunity with the timings of 12:30pm - 9:30pm IST.
Key Responsibilities:
- Factoring Management
- Identify Receivables: Review and identify accounts receivable that are eligible for factoring.
- Upload Invoices: Upload selected invoices to the factoring platform for processing.
- Handle Returns: Manage any returns or disputes related to factored invoices.
- Mark Sold Invoices: Update internal records to reflect the sale of invoices and ensure accurate tracking.
Accounts Receivable Management- Prepare Ageing Reports: Generate ageing reports to monitor the status of accounts receivable, and upload them to Power BI.
- Send Reports: Distribute regular AR reports to commercial departments to keep them informed of outstanding balances.
- Issue Dunning Letters: Prepare and send dunning letters to customers with overdue accounts to ensure timely collection.
- Coordinate with Departments: Work closely with the finance and accounting departments to ensure seamless integration of factoring and AR transactions.
- Monitor Compliance: Ensure all activities comply with company policies and relevant regulations.
- Reporting: Prepare regular reports on factoring and AR activities and performance for senior management.
Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, or related field.
- Experience with Power Automate, Power BI, and AI tools preferred.
- Experience in accounts receivable management or factoring preferred.
- Strong organizational and analytical skills.
- Proficiency in using financial software and online factoring platforms preferred.
- Excellent communication and interpersonal skills.
Skills:
- Attention to detail and accuracy.
- Ability to manage multiple tasks and meet deadlines.
- Strong problem-solving abilities.
- High ethical standards and integrity.
Job Type: Full-time
Work Location: Remote
Recruiter Details
Dynamic Accounting Solutions Inc