Primary Responsibilities

In this role, you will be responsible for managing and optimizing the accounts receivable process, ensuring timely collection of payments, and maintaining accurate financial records.
Supervise and coordinate the activities of the Accounts Receivable department
Assist the Credit Manager in efficient and timely collection of receivables
Ensure proper accounting of cash receipts, claims, and unpaid invoices
Calculate and enter charges for interest, refunds, or related items
Generate and review account statements and financial reports
Investigate and resolve collection issues, working closely with customers and internal teams
Establish and maintain seamless coordination with all departments to ensure maximum productivity and customer satisfaction
Respond to customer queries and resolve issues in a timely and efficient manner
Assist in budget preparation and fiscal planning
Develop and implement strategies to optimize the use of financial resources
Ensure compliance with established accounting practices and keep team members informed of current standards and changes
Recommend and implement improvements to accounts receivable policies and procedures

Qualifications

Bachelors degree in Commerce (B. Com), Masters degree in Commerce (M. Com), or MBA in Finance (or equivalent qualifications)
Proven experience in accounts receivable or a similar financial role
Strong knowledge of accounting principles and practices
Proficiency in accounting software and Microsoft Office Suite
Excellent analytical and problem-solving skills
Strong attention to detail and ability to maintain accurate financial records
Effective communication and interpersonal skills
Ability to work under pressure and meet deadlines
Familiarity with financial regulations and compliance requirements
Customer-oriented approach with the ability to handle sensitive financial information discreetly
Demonstrated leadership skills and ability to manage a team effectively
Continuous learner with a desire to stay updated on industry trends and best practices

Account Receivable Executive