Description:
Gulf Fruits Trading Company is seeking an experienced Account Receivable Manager to oversee and manage all aspects of our accounts receivable function. The ideal candidate should have a strong financial background, exceptional organizational skills, and a keen eye for detail. The Account Receivable Manager will be responsible for monitoring, tracking, and collecting outstanding invoices to ensure the company’s financial stability.
Key Responsibilities:
Accounts Receivable Management:
- Develop and maintain efficient procedures for managing accounts receivable.
- Implement the credit policies and procedures.
- Monitor and review customer accounts to ensure timely payments and compliance with credit terms.
Invoicing and Billing:
- Monitor and supervise the team for accurate invoices to clients. Verify and resolve discrepancies in invoices and maintain proper documentation.
Collections:
- Implement a collection strategy to minimize overdue accounts.
- Contact customers to follow up on outstanding balances and negotiate payment plans when necessary.
Credit Control:
- Evaluate and set credit limits for new and existing customers.
- Analyze credit applications and make credit decisions in accordance with the company’s policies.
Reporting:
- Prepare and analyze accounts receivable reports to monitor aging and payment trends.
- Provide regular updates to senior management on the status of accounts receivable.
Customer Relations:
- Maintain strong relationships with clients and provide excellent customer service to address any inquiries or issues regarding their accounts.
Team Management:
- Lead, coach, and develop a team of accounts receivable professionals.
- Ensure that team members are meeting their performance targets.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field.
- Proven experience as an Accounts Receivable Manager or a similar role.
- In-depth knowledge of accounting principles, financial regulations, and credit control.
- Strong analytical and problem-solving skills.
- Excellent communication and negotiation abilities.
- Proficiency in accounting software and Microsoft Excel.
- Team management and leadership skills.
Preferred Qualifications:
- Master’s degree in Finance or Accounting.
- Professional certification (e.g., CPA, CMA) is a plus.