Accounts Receivable Specialist

Performit Personnel; Gqeberha; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading company in Gqeberha is seeking an Accounts Receivable Specialist to manage customer payments and maintain accurate financial records. The ideal candidate will have a Bachelor's degree in accounting or finance and relevant experience in accounts receivable functions. Responsibilities include generating statements, reconciling accounts, enhancing customer communications, and driving process improvements within the finance team.

Qualifications

• Proven experience in accounts receivable or related financial roles.
• Strong understanding of accounting principles and practices.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Generate and send statements of accounts to customers, following up on outstanding balances.
• Reconcile accounts receivable ledger to ensure accurate postings.
• Act as the primary contact for customer inquiries related to accounts receivable.

Skills

Communication

Analytical Skills

Problem Solving

Attention to Detail

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Accounting Software

Microsoft Excel

Job description

Accounts Receivable Specialist required in Port Elizabeth.

The Accounts Receivable Specialist plays a crucial role in managing the financial health of an organization by performing collection activities and reconciling AR statements.

The primary purpose of this role is to ensure that the company receives timely payments from customers for goods or services rendered, maintaining accurate records of transactions, and fostering positive relationships with clients.

Minimum Requirements:

• Bachelor’s degree in Accounting, Finance, or related field preferred
• Proven experience in accounts receivable, billing, or related financial roles
• Strong understanding of accounting principles and practices
• Proficiency in accounting software and Microsoft Excel
• Excellent communication and interpersonal skills
• Detail-oriented with strong analytical and problem-solving abilities
• Ability to work independently and prioritize tasks in a fast-paced environment
• Commitment to accuracy, integrity, and professionalism.
• Capability of travelling outside of Country when needed
• Understanding operational matters in order to support but also suggest better ways of working
• Readiness to go extra mile to avoid mistakes and produce new opportunities
• Ability to adjust to diverse ideas, impressions, schemes, and tactics from individuals.

Duties and Responsibilities:

• Statement of Accounts: Generate and send accurate and timely statements of accounts or required reports to customers. Monitor and follow up on outstanding balances and past due accounts, with e-mails and calls.
• Account Reconciliation: Reconcile accounts receivable ledger to ensure that all payments are accounted for and properly posted.
• Customer Communication: Act as a primary point of contact for customer inquiries and discrepancies related to accounts receivable. Respond promptly and professionally to resolve issues and maintain positive customer relationships. Proactively address internally all disputes and queries.
• Collections: Implement collection strategies to minimize outstanding receivables and reduce delinquency. Contact customers to secure payment on overdue accounts, escalating issues as necessary. Working with Collection calls, Credit control and undertake A/R open item coding in terms of coding standard.
• Reporting: Prepare regular reports on accounts receivable status, including aging analysis, cash flow projections, and collection effectiveness metrics. Provide insights and recommendations to management based on analysis of receivables data. Generating reports and statements for internal use
• Process Improvement: Identify opportunities for process improvements and efficiency gains in the accounts receivable function. Collaborate with cross-functional teams to implement changes and streamline workflows.
• Credit Reviews: conduct credit checks on all customers, monitor credit limits and process credit applications in accordance with the company’s policy and procedures.
• Credit Controlled document release: access and obtain necessary approval for credit-controlled document releases.
• Credit note approval: obtain necessary approval for acceptance of credit notes.
• Monitor and report on deviations from credit standards. Compliance: Ensure compliance with company policies, accounting principles, and regulatory requirements related to accounts receivable processes