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- Develop and implement policies and procedures for accounts receivable to ensure compliance and efficiency.
- Manage the accounts receivable team, providing training, support, and performance evaluations.
- Monitor aging reports and oversee collection efforts for overdue accounts.
- Analyze credit risk and establish credit limits for customers.
- Collaborate with sales and customer service teams to resolve billing disputes and enhance customer satisfaction.
- Prepare and present regular reports on the status of accounts receivable and cash flow forecasts to senior management.
- Identify opportunities for process improvements and automation within the accounts receivable function.
- Ensure adherence to financial regulations and company policies.
- Manage relationships with external collections agencies as needed.
- Stay updated on industry trends and best practices in accounts receivable management
Job Details
Description
Key Responsibilities:
- Develop and implement policies and procedures for accounts receivable to ensure compliance and efficiency.
- Manage the accounts receivable team, providing training, support, and performance evaluations.
- Monitor aging reports and oversee collection efforts for overdue accounts.
- Analyze credit risk and establish credit limits for customers.
- Collaborate with sales and customer service teams to resolve billing disputes and enhance customer satisfaction.
- Prepare and present regular reports on the status of accounts receivable and cash flow forecasts to senior management.
- Identify opportunities for process improvements and automation within the accounts receivable function.
- Ensure adherence to financial regulations and company policies.
- Manage relationships with external collections agencies as needed.
- Stay updated on industry trends and best practices in accounts receivable management
Qualifications
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Certified Credit and Collection Manager (CCM), Certified Credit Professionals (CCP), or Certified Credit Executive (CCE) preferred
- Several years of experience in accounts receivable or finance, with leadership experience.
- Strong understanding of accounting principles and financial regulations.
- Excellent analytical, problem-solving, and organizational skills.
- Proficient in accounting software and Microsoft Office Suite.
- Strong communication and interpersonal skills, with the ability to work collaboratively across departments
Seniority level
Employment type
Job function
Job function
Accounting/Auditing and FinanceIndustries
Manufacturing
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