Job Description

Ø  Manage the daily updating of sales invoices, contracts, delivery orders, and consignments in the database or filing system, ensuring accuracy and completeness.

Ø  Generate daily due invoices for collection and verify these invoices each evening to assess actual cash collected and identify any outstanding amounts.

Ø  Allocate incoming payments to the appropriate customer accounts and invoices, ensuring accurate and timely posting.

Ø  Monitor customer accounts for overdue payments and proactively engage with customers to resolve payment issues.

Ø  Maintain an updated aging report and coordinate with the collections, sales and services team to minimize overdue balances.

Ø  Generate monthly and yearly financial reports related to accounts receivable, including aging reports, cash collections, and bad debt analysis.

Ø  Analyze trends and identify potential credit risks, recommending actions to improve collection processes and efficiency.

Ø  Ensure compliance with company policies and accounting standards related to accounts receivable.