Accounts Receivable Specialist
5 days ago
Overview:
PrecisionHire Solutions is seeking a highly skilled Accounts Receivable Officer to join our team. As an Accounts Receivable Officer, you will play a critical role in ensuring the accuracy and completeness of financial transactions related to accounts receivable.
Key Responsibilities:
- Financial Transaction Processing: Process and record invoices, receipts, and other financial transactions related to accounts receivable with accuracy and completeness.
- Invoice Generation and Verification: Generate and send accurate and timely invoices to customers or clients, verifying the accuracy of billing information, such as prices, quantities, discounts, and payment terms.
- Overdue Account Management: Monitor and follow up on overdue accounts and outstanding payments, communicating with customers to resolve payment discrepancies, arrange payment plans, and ensure timely collection of payments.
- Customer Information Management: Maintain accurate and up-to-date customer information in the accounts receivable system, updating customer records, contact details, credit limits, and payment terms as necessary.
- Reporting and Analysis: Prepare regular reports and analysis related to accounts receivable, including aging reports, cash flow projections, and collection performance metrics, providing insights and recommendations to management for improving cash flow and reducing outstanding receivables.
- Collaboration and Communication: Collaborate with internal teams, such as sales, customer service, and finance, to resolve customer issues, address billing inquiries, and improve the overall accounts receivable process, maintaining effective communication and fostering positive relationships with customers and clients.
- Compliance and Best Practices: Ensure compliance with company policies, procedures, and relevant accounting standards, staying updated on industry regulations and best practices related to accounts receivable management.
- Process Improvement: Identify areas for process improvement and efficiency gains within the accounts receivable function, proposing and implementing strategies to optimize cash flow, reduce DSO (Days Sales Outstanding), and enhance overall receivables management.
Requirements:
To be successful in this role, you will need to have excellent communication and organizational skills, with the ability to work accurately and efficiently in a fast-paced environment. You will also need to have a strong understanding of accounting principles and practices, as well as experience with accounting software and enterprise resource planning (ERP) systems.
What We Offer:
PrecisionHire Solutions offers a competitive salary and benefits package, as well as opportunities for professional growth and development. If you are a motivated and detail-oriented individual with a passion for accounts receivable management, we encourage you to apply for this exciting opportunity.
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